Private Sector Lost N5trn Assets To Hoodlums – NECA         The Nigerian Employers’ Consultative Association has estimated the loss of investment and assets by the organised private sector as a result of the arson and looting that followed the recent #EndSARS protests across the country. The President...

Population Of Extremely Poor Persons In Nigeria Hits 102m — NECA         There are indications that Nigeria’s poverty level may have further deteriorated as the latest reports of the Nigeria Employers Consultative Association, NECA, shows a 10 percentage point rise in the number of the extreme...

OPS Demands Account For N35trn Debt In Ten Years     The Organised Private Sector (OPS), has challenged the Federal Government to give a proper account for over N35 trillion accumulated debt in the last 10 years. They argued that just over a decade after Nigeria got debt...

Cash Grant, Tax Holiday Crucial To Business Recovery     Nigerian businesses that have been impacted by the COVID-19 pandemic are asking for government grants that will cater to about 50 to 70 per cent of their workers’ salaries for the next four months. The business leaders, who...

Reverse VAT To 5%, NECA Urges FG   The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to reverse the current Value Added Tax (VAT) from 7.5 per cent to initial five percent. NECA said this should be part of the measures to ameliorate the...

COVID-19 Stopped 74.2% Of Businesses From Operating – NECA   The Nigeria Employers’ Consultative Association has said the COVID-19 pandemic stopped about 74.2 per cent of enterprises’ operations in Nigeria. The acting President of NECA, Mr Taiwo Adeniyi, said this at a press briefing held on Thursday...