.png)
7 hours ago
3
News
September 17, 2025 by Our Reporter
Nigeria Employers’ Consultative Association has hailed Federal Government on suspension of four per cent FOB charge.
Director General, Adewale-Smart Oyerinde, said “we laud Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for showing government’s resolve to grow the economy through organised private sector.
This, including withdrawal of the proposed five per cent telecoms tax affirmed the administration’s determination not only to promote enterprise sustainability and competitiveness, but also determination to enable job creation.
Read Also: You are a false alarmist out to instigate anarchy, APC slams Atiku
‘‘While we laud the government, we urge implementation of the directive by Customs”.
He noted that “it is instructive and important that other agencies and departments align their actions with Renewed Hope Agend by reversing unnecessary and cumbersome charges and levies that do nothing but add to the burden of businesses.
Notwithstanding presidential directives on suspension of levies, the Financial Reporting Council of Nigeria continues to disobey. This is worrisome and unacceptable”.
Oyerinde-Smart said organised businessesses will continue to play definitive roles in the development of the economy by promoting investments, trade, job creation and making sound economic recommendations to governments.
English (US)