The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye, has praised the Nigerian government for the re-establishment of the National Trade Facilitation Committee (NTFC). Oye emphasized the importance of bolstering collaboration between the public and private sectors to drive the country’s economic growth and development.
During his speech at the relaunch event held at the Bank of Industry conference room in Abuja, Oye stated that fostering partnerships between both sectors would optimize Nigeria’s resources for the nation’s betterment.
He expressed his pride in representing the Organized Private Sector (OPS), underscoring that the NTFC plays a crucial role in the country’s economic framework. According to Oye, the core objective of trade facilitation goes beyond simplifying the movement and clearance of goods. It also aims to cultivate a more efficient trade environment, fostering economic diversification, industrial growth, and job creation.
Oye noted that integrating the Trade Facilitation and Liberalization Sub-Committee of the Presidential Council on Industrial Revitalization into the NTFC is a strategic effort that underscores the government’s commitment to streamlining operations and creating synergies. He emphasized that such actions are vital to achieving the Renewed Hope Agenda, which seeks to rejuvenate the entrepreneurial spirit, stimulate industrial growth, and promote a robust economy.
He highlighted the committee’s role in pushing for reforms to enhance trade protocols, lower barriers, and improve the ease of conducting business in Nigeria. These efforts, he argued, would help attract more foreign investments, boost exports, and open new avenues for employment and wealth creation.
The Chambers of Commerce across Nigeria are seen as vital contributors to this initiative, Oye explained. They represent a wide array of businesses and serve as a platform for proposing policy recommendations, sharing best practices, and forging global partnerships that strengthen the private sector’s impact on national development.
In his call for stronger collaboration, Oye stressed that the need for public-private partnerships was clear. With limited resources and numerous challenges, he noted that it is only through partnership that Nigeria can fully harness its assets for national progress. The public sector offers the regulatory framework and policy guidance, while the private sector brings innovation, efficiency, and the capacity to execute plans effectively.
Oye encouraged all stakeholders to view the relaunch as more than just a symbolic gesture, but as a concrete step toward achieving shared economic goals. He reaffirmed the commitment of the OPS, with NACCIMA’s support, to fully engage in the process of transforming the country’s trade and economic landscape.
As Nigeria moves forward, Oye called on both government and private enterprise to unite with a clear sense of purpose, strive for excellence, and build a future where trade becomes a central pillar of national success.
