By Charles Nwaoguji
The Organised Private Sector has called on Federal government to pay attention on providing infrastructural development in the country as this is only to drive the economy.
The National President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Hajiya SaratuIiya Aliyu, said governments at all levels should earnestly work on development of infrastructure, improvement in power, roads, and rail.
Aliyu, who stated at the on-going Lagos International Trade Fair, noted this would significantly improve the conduct of businesses in Nigeria, ensure value creation and industrialisation especially in the manufacturing and technology sectors.
“This would also to promote new technology, innovation in all sectors, which are crucial to industrialisation,” she added.
However, she said without good infrastructure in place, industrialisation will not happen and without industrialisation, there would be no development.
“I therefore want to use this opportunity to once again call on governments at state and National levels to pay more attention to development of Infrastructure,” she said.
Aliyu, who is also the chairman of OPS, commended the Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu for the support he continue to offer to the Chamber Movement in Lagos State.
According to her, this has ensured that the prevailing viable business environment in the state continues to exist and thrive, and play a role in nurturing the economy of Lagos state to develop and become the fifth largest economy in Africa.
She noted the Lagos International Trade Fair, has grown in leaps and bounds, bringing together both local and international manufacturers and business operators. It has become a place for networking and meeting local and international investors.
“We in NACCIMA are indeed very proud of what the Lagos Chamber of Commerce and Industry has achieved and we congratulate the leadership and staff of the Association, ably led by the President, Mr. Babatunde Paul Ruwase,” she said.
She said that LCCI has successfully established a distinctive way of attracting and linking national manufacturers, suppliers, buyers and users of a wide spread of goods and services as well as opportunities for investment and trade promotion. This is fully in line with the Brand Promise, “Connecting Businesses, Creating Values”.
“Certainly, the Lagos International Trade Fair has grown tremendously in popularity to become a leading forum for Trade and Economic interaction for the Private Sector in Nigeria, Africa and indeed the rest of the world,” she added.
Also speaking, the President of Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Paul Ruwase said this year marks the 33rd year the Lagos Chamber began organizing the Lagos International Trade Fair which has the theme, ‘Connecting Businesses, Creating Value’.
He said that the theme underscores the importance of a robust business interactions to generate wealth and create value for the advancement of the Nigerian economy and the welfare of the citizens.
He noted that the force of globalisation has reinforced the need to connect businesses. “UNCTAD research has shown that business linkages represent one of the best ways for SMEs to enhance their competitiveness and acquire a series of critical missing assets, such as access to international markets, finance, technology, management skills and specialized knowledge”.
”We are committed to ensure the business environment is enabling for all investors. As a policy advocacy group, our programmes and activities are geared towards facilitating the realisation of the economic and social objectives of the government and making Nigeria an attractive destination for investment,” he said.
He called on the government to create economic and investment policies must be friendly to make Nigeria a major investment hub in Africa.
“We need the right policies as well as strong commitment to infrastructural development to revive investors’ confidence in our economy. Our policies must be one that supports the growth of Micro, Small and Medium Enterprises, so they can impact substantially on the economy in terms of growth, job creation and value generation,” he added.