Tinubu Reaffirms Commitment to Economic Reforms, Private Sector Growth

President Bola Tinubu

President Bola Ahmed Tinubu has reaffirmed his administration’s unwavering commitment to bold economic reforms designed to enhance the ease of doing business, strengthen national infrastructure, and drive sustainable growth in the private sector.

This assurance was conveyed by Kamorudeen Yusuf, the President’s Personal Assistant on Special Duties, during the 65th Annual General Meeting of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA). The event also marked the formal inauguration of Engineer Jani Ibrahim as the new President of the association.

Representing President Tinubu at the event, Senator John Enoh, Minister of State for Industry, Trade and Investment, reiterated the government's focus on building a market-driven, private sector-led economy, anchored on robust public-private partnerships.

The President urged NACCIMA to work closely with federal ministries to attract investments and expand trade opportunities across key sectors of the economy. He congratulated Engr. Ibrahim on his appointment and tasked him with spearheading impactful reforms to advance policy advocacy and enterprise development.

In his remarks, Kwara State Governor AbdulRahman AbdulRazaq—represented by his deputy—highlighted the importance of state-level support for national economic goals. Also addressing the gathering, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, emphasized the need for coordinated legal and policy reforms to restore investor confidence and streamline business operations.

Fagbemi cited recent legislative milestones—including the Business Facilitation Act 2023, the Arbitration and Mediation Act 2023, and updated national justice policies—as key tools for improving dispute resolution and promoting commercial efficiency.

In his acceptance speech, Engr. Jani Ibrahim pledged to reposition NACCIMA as a key driver of Nigeria’s economic transformation. He vowed to deepen engagement with both government and private sector players to foster inclusive growth and innovation.

Vanguard

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