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Federal Government promise economic growth, recognises NECA’s development efforts

By Gloria Nwafor
01 December 2022   |   3:04 am
The Federal Government has expressed commitment to improving the standard of living of the populace and building an economy where growth translates to development.

Nigeria Employers’ Consultative Association (NECA). Photo: THEGLITTERS

•As TGI wins employer of year 2021

The Federal Government has expressed commitment to improving the standard of living of the populace and build an economy where growth translates to development.

It said concerted efforts are ongoing to strengthen the economy through the removal of bottlenecks to pave the way for economic development.

Minister of Finance, Budget and National Planning, Zainab Ahmed, said this during the Nigerian Employers’ Consultative Awards (NECA) yearly employers’ excellence awards 2021, where she commended the role NECA plays in the nation’s economic development.

Represented by the Permanent Secretary, Nebolisa Anako, she also recognised the role of the private sector in national development, which she said was part of the reasons the National Development Plan (NDP) 2021-2025, which made provision for the private sector to thrive by providing the enabling environment.

   
Noting that the theme ‘Going beyond Limits’ was apt, considering the current economic situation in the country, Ahmed said that the event provided a veritable opportunity to review cogent issues such as economic trends, insecurity and challenges of human capital development to ensure Nigeria achieves sustainable economic growth and development.
   
Speaking on behalf of the Organised Private Sector (OPS), the Director-General of the Manufacturers Association of Nigeria (MAN), Segun Kadiri, said the awards were about celebrating and recognising resilience in a place of constraints.  

While encouraging NECA to sustain the enthusiasm and culture of perseverance, he said MAN is committed to ensuring a conducive atmosphere for private sector operation in the country.

Ahead of the 2023 elections, Kadiri insisted on an improved economic environment free of frivolous challenges.

He said: “As we approach the transition for our political landscape, it behoves all of us to jointly insist on an improved economic environment by controlling the narrative away from frivolous issues and prioritising the economy. This is to ensure that the incoming administration is completely aware of the parlous state of the economy and the imperative of quick and effective revenue.”

Earlier, NECA President, Taiwo Adeniyi, said the awards were to reward and celebrate the doggedness and resilience of organised businesses.

Noting that the Nigerian enterprises remained one of the most tenacious in the world, the NECA boss said despite the myriads of challenges faced locally and globally, the group had continued to demonstrate commitment to shareholders and employees, while also contributing to national development.

He added that the awards were geared towards promoting and encouraging best practices in corporate performance, people management and industrial relations practices among employers.

Highlight of the event was the crowning of TGI Group as Employer of the Year for 2021.