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Group laments poor business climate in Nasarawa State

By Abel Abogonye, Lafia
28 February 2020   |   3:33 am
The Nasarawa State Coalition of Business Professionals Association (NACOBPA) has lamented the poor business climate that has crippled small and medium scale businesses in the state.

The Nasarawa State Coalition of Business Professionals Association (NACOBPA) has lamented the poor business climate that has crippled small and medium scale businesses in the state.

It gave the indication at the presentation of its revised business agenda, which held in Lafia, the state capital yesterday. Presenting the factors that have crippled businesses in the state, Chairman of NACOBPA, Mrs. Joanna Bello listed them to include insecurity of lives and business property, as well as poor access to funding for micro and medium scale enterprises.

Other factors are poor access to business premises, lack of street numbering and addresses and absence commodities processing centre/industrial layouts.Joanna regretted that small-scale businesses find it almost impossible to access funds made available by the Federal Government to boost small businesses due to the cumbersome and stringent procedures.

Other stakeholders, who spoke during the interactive session, harped on inadequate power supply and multiple-taxation on small businesses in the state, as a major huddle that the state and Federal Government must surmount.

Speaking, Governor Abdullahi Sule, who was represented by the Special Adviser on Economic Planning, Abdullahi Ibrahim, assured that his administration was working towards creating a conducive business environment.

“Part of what we are doing to create the ease of doing business is to ensure an end to double taxation and profile small-scale enterprises in the state to enable us to create access to credit and develop an industrial layout.Sule commended the organization for their engagement and promised to look into all the various challenges confronting the business communities in the state.

In his good will message, Commissioner of Police (CP), Bola Alonge assured the group that the command has put all security templates in place to check activities of criminals in the state.“I believe that for businesses to thrive in any state, lives and property of businessmen and women must be well secured. We have arrested over 50 suspects since the beginning of this year,” he said.Alonge assured that the force has given criminals sleepless nights and has reduced crime compared to when he took over in 2019.

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