NACCIMA petitions FG over alleged illegal operations by NIBC-India

Dele Kelvin Oye

Dele Kelvin Oye
Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has petitioned the Federal Government over alleged illegal operations by the NIBC India in Nigeria, claiming that the entity was operating without proper registration and authorisation.
  
In a petition by the National President of NACCIMA, Dele Kelvin Oye, to the Minister of Foreign Affairs, Yusuf Maitama Tuggar, NACCIMA urged the Federal Government to investigate the operations of the illegal entity, which is planning to host a Nigeria-India Investor’s Forum and Business Expo scheduled for November 17 and 18, 2024.
  
Others copied in the petition are the Confederation of Indian Industry (CII); Ministry of Industry, Trade and Investment; Indian High Commissioner; President of NIBC Nigeria, Sir Emeka Offor, and the Secretary of Nigeria-India Business Council.
  
Oye wrote: “On behalf of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), l hereby submit this petition to formally address our concerns regarding the forthcoming Nigeria-India Investors’ Forum and Business Expo scheduled from November 17 to 18, 2024.
  
“This event has been announced by an entity known as NIBC India, which we assert is operating without proper registration and authorisation within Nigeria.”
  
The NACCIMA boss added: “In light of these developments, we strongly exhort all companies, government officials, and stakeholders to refrain from engaging with this proposed event. Collaboration with a non-registered and unauthorised entity could result in severe legal and operational repercussions.”
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