Don’t Restrict Forex On Imported Milk - NECA The Nigeria Employers’ Consultative Association has warned the Central Bank of Nigeria to suspend the planned foreign exchange restriction for milk importation. This was contained in a statement issued by the association in Lagos on Thursday. The apex bank...

Manufacturers Object FG’s Planned Increase In VAT And Taxation Manufacturers and providers of goods and services under the aegis of Nigeria Employers’ Consultative Association (NECA) wednesday expressed their opposition to the plans by the federal government to increase taxation, including the value added tax (VAT). NECA...

Nigeria Loses N6trn Yearly To Apapa Gridlock, NECA Says   A survey conducted by the organized private sector has revealed that Nigeria losses about N3.06 trillion, on non-oil export, and about N2.5 trillion earnings annually across the different sectors of the economy due to Apapa gridlock. According...

NECA To FG: Nigeria Needs Radical Industrialisation The Nigeria Employers’ Consultative Association has urged the Federal Government to reassess its strategies and tailor its policies and reforms towards a radical industrialisation of the country. The Director-General, NECA, Mr Timothy Olawale, made this call on Monday in...

NECA, Others Back Sanusi’s Call For Fuel Subsidy Removal   Against the backdrop of the statement by the Emir of Kano, Mallam Muhammad Sanusi II, that the country was on the brink of bankruptcy, the Nigeria Employers’ Consultative Association and other stakeholders have asked the Federal...

Again, NECA Rejects VAT Hike The Nigeria Employers’ Consultative Association (NECA) has reacted to the call by President Muhammadu Buhari on state governments to increase Value Added Tax (VAT) in other to raise their internally generated Revevenue (IGR), saying it does not harmonise with the...