Tag Archives: NACCIMA

Nigerian Economy Not Moving As Fast As Expected, Says NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said the economy of the country is not moving as fast as expected. The Director General of NACCIMA in Niger State, Alhaji Adamu Salihu, said in Minna on Monday that the federal and state governments should do more to revitalise the economy so that the average person …

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NACCIMA discourages borrowing to finance recurrent expenditures

NACCIMMA

Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, yesterday, charged the Federal Government not to borrow to finance recurrent expenditures. NACCIMA, in lending its voice to recent moves by the federal government to borrow $5.5 billion to finance the 2017 budget, stated: “The association once again asserts its position on the nation’s increasing debt profile; that if …

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Companies in Niger State downsizing, says NACCIMA

The Niger State Chamber of Commerce Industries Mines and Agriculture (NACCIMA) on Monday raised the alarm that most companies and business outfits in the state are now downsizing as a result of the downturn in the economy. NACCIMA said the situation had been compounded by the lack of patronage of local industries and companies by governments. The Director General of …

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Anambra gets N3bn CBN grant for Agric, SMEs

Anambra gets N3bn CBN grant for Agric, SMEs Governor Willie Obiano of Anambra State on Friday said the state had secured a N3 billion grant from the Central bank of Nigeria to invest in SMEs and agriculture. Obiano made the disclosure at the flag-off of training for the first batch of 150 youths at the Federal Youths Training Centre, Mgbakwu …

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