The Director-General of NECA Archives

Mounting Debt Signals Danger For Economy, NECA Warns

January 16, 2019 0

The Nigeria Employers’ Consultative Association (NECA) has raised the alarm over the country’s mounting debt burdens following the release of the third quarter report of the Debt Management Office (DMO) and the 2019 budget assumptions, saying the increasing debt burden could have negative implications on developmental capacity of the economy. The Director General of NECA, Mr. Timothy Olawale, said at …

Compel Banks To Stop Stamp Duty Deductions, NECA Tells FG

August 3, 2018 0

The Director-General of NECA, Mr Olusegun Oshinowo

The Nigeria Employers’ Consultative Association has again called on the Federal Government to compel commercial banks to discontinue the deduction of N50 as stamp duties from the accounts of customers. The Director-General of NECA, Mr Olusegun Oshinowo, made the appeal in an interview with the News Agency of Nigeria in Ikeja on Friday. He said it was wrong for banks to continue …