Economy: NACCIMA, NGBF sign strategic partnership for business exchanges

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Factual Pursuit of Truth for Progress

By Francis Ogwo

As the world grapples with the economic impact of the coronavirus pandemic, the Nigerian Global Business Forum (NGBF), an umbrella organisation for Nigerian Business Forums in the UK, USA, Ireland, Austria the Caribbean, in partnership with Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), the umbrella body for all city, state, regional, bilateral and multilateral chambers of commerce in Nigeria, have signed a partnership that would help their economies survive the looming hardships

The partnership according to reports would focus on a series of areas including the development of industrial parks (light factories), organising of workshops, exhibitions, conferences, trade missions, policy advocacy among other recovery projects.

According to the President of NGBF, Mr Afolabi Andu, the aim of the partnership which they regard as, historic and ground-breaking, primarily aims at boosting Nigeria’s economy through strategic involvement of both the NACCIMA membership network and its NGBF member and partners.

Also responding, Otunba Dele Oye, 2nd Deputy President of NACCIMA stressed that the partnership would entrench a positive exchange of ideas and enhance commercial outputs between both groups towards the overall good of Nigeria’s economy.

The strategic partnership between NACCIMA and NGBF, according to reports, is part of the projects of Hajia Saratu Iya Aliyu led NACCIMA towards promoting and developing all matters affecting a business through provision of a network for national and international business.

In his further remarks, Andu was of the view that no one can help to develop our economy than ourselves, stressing that it’s not a time to trade blames but to diverse positive ways of helping the economy survive.

He also stressed that most of the Asian and Far Eastern giants in business emerged through efficient partnerships.

Many are of the view that a conscious shift away from the dwindling fortunes of crude oil is a peep into the business world with its unending opportunities.

NACCIMA was established in 1960 to provide advocacy, trade promotion, business development, capacity building, research and mediation on trade and investment. Currently, the organisation has over five thousand registered members across Nigeria.

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