ACCI Seeks Public Private Partnership To Enhance Business-Friendly Environment 

The Director-General of the Abuja Chamber of Commerce and Industry (ACCI), Mr. Agabaidu Jideani, has called on the government and private sector to create a business-friendly environment in 2025.

Mr. Jideani in a statement highlighted the need to address challenges that hinder the growth of businesses in Nigeria, such as regulatory burdens, infrastructure deficits, and limited access to finance.

The ACCI Director-General emphasised that the government should prioritize the implementation of business-friendly policies and focus on improving budget execution, particularly in infrastructure development.

He urged the government to amongst streamline regulatory frameworks to eliminate overlapping and complex processes that burden businesses, expedite tax reforms to address multiple taxation, simplify procedures, reduce costs and delays in obtaining permits and licenses, and ensure effective and timely implementation of infrastructural projects to enhance the operating environment for businesses.

“The government must create a stable and supportive environment that inspires confidence among investors and businesses alike,” Mr Jideani stated.

While also addressing the private sector, Mr. Jideani called for a proactive approach to adapting to the evolving business climate.

He encouraged businesses to leverage artificial intelligence (AI) and innovative technologies to improve operational efficiency and enhance customer satisfaction.

He also added that businesses should embrace flexible work arrangements, such as remote working, to reduce costs and foster a better work-life balance for employees and invest in staff welfare and development to boost productivity, enhance talent retention, and improve overall business performance.

Mr. Jideani also underscored the importance of supporting SMEs, which play a crucial role in Nigeria’s economic development.

Olusola Akintonde