Govt must build consensus on reforms to attract investment, says NECA

Source: The Guardian

The Nigeria Employers' Consultative Association (NECA) has said that for the government to attract more investments, it must create pathways for consensus building for effective implementation of reforms.

Director-General of NECA, Adewale-Smatt Oyerinde, said that to achieve this, the government must develop strategies for making the reform benefits accessible to all, and must also identify inclusive growth pathways for equitable opportunities.

He said this, yesterday, ahead of the third edition of the association's employers' summit with the theme, 'Economic Renaissance: Harnessing Government Reforms and Private Sector Agility,' to be held in Abuja on June 25 and 26, 2024.

Oyerinde said that the summit is expected to re-establish the nexus between government reforms and private-sector collaboration for rapid national growth and sustainable development.

Chairman, Committee of Finance Experts, NECA, who is also the co-chair of the summit, Muyiwa Adebayo, said that the summit would foster a higher-level participation of the private sector in reforms formulation, implementation and appraisal, as a means to building national consensus and participation.

He added that it would equally generate and promote alternative policy frameworks for national development and reinforce the role of the private sector as the engine of national development.