By Providence Ayanfeoluwa
THE Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, has urged the President Bola Tinubu-led government to tackle challenges that Small and Medium Enterprises, SMEs, encounter in the country.
He said: “It is no longer news that there are challenges that the SME’s face, most of which are often ignored and consequently affect the productivity of these enterprises with adverse impact on the country’s GDP. Some of these challenges include – multiple taxation, unstable power supply, poor infrastructure, unavailability of forex, high cost of diesel for production, insecurity, etc.
“As the voice of Nigerian businesses, a leading member of the Organized Private Sector (OPS), and the umbrella body for all City, State, and Bilateral Chambers of Commerce in Nigeria, including Business Associations, NACCIMA encourages the Federal Government administration to pay attention to these issues, amongst others, and cooperate with all public and private sector partners to enunciate policies that will foster a private sector-driven economy in Nigeria.”