… backs Tinubu’s reforms
The Nigerian Employers’ Consultative Association (NECA) has endorsed the Federal Government’s ongoing economic reforms while calling for more inclusive implementation.
This was as it launched what it described as Africa’s first Environmental, Social and Governance (ESG) Implementation Guide for Micro, Small and Medium Enterprises (MSMEs) to prepare Nigerian businesses for mandatory sustainability reporting expected by 2030.
Speaking at NECA’s 5th Nigeria Employers’ Summit in Abuja on Tuesday, Adewale-Smatt Oyerinde, Director-General of NECA, said although the administration’s reforms have imposed significant short-term costs on businesses and households, they remain necessary to restore long-term economic stability.
He stressed, however, that the government must continuously review, reassess and refine the reforms in collaboration with the organised private sector to ensure they produce the intended outcomes.
