The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has congratulated President Bola Tinubu on his election as the Chairman of the Economic Community of West African States (ECOWAS).
NACCIMA’s President, Mr. Dele Oye, made the congratulatory message in an announcement on Sunday in Lagos state, within the aftermath of President Tinubu`s emergence as the Chairman on the 63rd Ordinary Session of the regional bloc in Guinea Bissau.
Oye stated the appointment was coming at a time when the ECOWAS area was positioning its member-states able to be properly built-in into African Continental Free Trade Area (AfCFTA).
He stated that Nigeria was anticipated to play a significant position within the area, as properly as the continent, being the most important economic system in Africa.
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The NACCIMA president, nevertheless, emphasised the necessity to tackle a few of the challenges confronting intra West African commerce.
He famous that there have been nonetheless a number of hindrances stopping the free circulate of products and providers throughout the area, such as cumbersome procedures, excessive price of transportation and corruption.
These points, Oye stated, had restricted the expansion of commerce throughout the area thus hindering the financial prosperity of West Africans.
“A lot is expected from Nigeria now more than ever in the history of the country among its peers in Africa.
“We are aware of your credentials as a seasoned politician and astute administrator with an enviable track record in governance and leadership.
“We are fully confident that you will bring your wealth of experience and expertise to bear on the challenges currently facing the region.
“We are optimistic that you will be able to tackle these issues head-on and implement policies that will facilitate the ease of doing business within the region,” he stated.
He additionally expressed his dedication to supporting and collaborating with the Nigerian president in his effort to advertise financial progress, commerce and funding in West Africa.
NAN