Employers seek council’s fellowship to tackle sectoral issues
The Nigeria Employers' Consultative Association (NECA) has implored the newly constituted Economic Advisory Council (EAC) to embrace consultative fellowship with the Organised Private Sector (OPS) to achieve the desired goal for economic development.
VAT increase will neutralise minimum wage benefits, OPS insists
Moves by the Federal Government to increase Value Added Tax (VAT) from five per cent to 7.2 per cent would neutralise the benefits of the recently signed national minimum wage of N30,000, the Organised Private Sector (OPS) has said.
NECA seeks suspension of forex restriction on milk importation
Following plan by the Central Bank of Nigeria (CBN), to restrict of foreign exchange (Forex) for milk importation, the Nigeria Employers’ Consultative Association (NECA), has urged the apex bank to suspend the policy, as it has the potential of crippling businesses with attendant job losses.
NECA urges CBN to review forex restriction on milk
The Nigeria Employers’ Consultative Association (NECA) has advised the Central Bank of Nigeria (CBN) to, in the interim, suspend the planned foreign exchange restriction for milk importation.
NECA supports urgent downstream deregulation, end to rising debt
The Federal government has been charged to put in place processes and enlightenment machinery that would lead to the deregulation of the downstream...
Stop illegal stamp duty deductions now, private sector tells banks
The Organised Private Sector (OPS), has called on the Federal Government to order the Central Bank of Nigeria (CBN), and the Nigerian Postal Service (NIPOST), and stop “the systematic defrauding” of millions of Nigerians through illegal deduction of stamp duty from their accounts. They also urged the government to urgently impress on respective parties of…
NECA seeks policy stability in new administration
The Nigeria Employers’ Consultative Association (NECA), has called on the Federal Government to ensure sustained commitment on the stability of economic policies, social investment programmes and deepening of engagement with the private sector in President Muhammadu Buhari’s second term. While stating some of the business implications of Buhari’s re-election, NECA advised that issues of politics…
Inaugurate NSITF, PenCom boards, NECA tells FG
The Nigeria Employers’ Consultative Association (NECA) has called on the Federal Government to urgently inaugurate the boards of the Nigeria Social Insurance Trust Fund (NSITF), National Pension Commission (PenCom) and other Federal Government’s agencies.