The Nigeria Employer’s Consultative Association, NECA has called for collaboration with relevant stakeholders to promote Enterprise development in a bid to achieve sustainable economic growth in the country.

The President, NECA, Mr. Taiwo Adeniyi made the call during the maiden edition of the 2022 Nigeria Employer’s Summit in Abuja, with the theme: The Private Sector As An Engine For National Development.

Adeniyi said the summit hopes to gain the buy in of government which is responsible for enacting policies that are capable of creating an enabling environment for the private sector invest and created the much needed jobs for the teeming unemployed population of the nation.

“Despite the genuine effort of government to create a favourable business environment, it is disturbing to note however, that the challenges been encountered by businesses are sometimes direct results of the uncertainties in the Nigerian business environment.

“The summit will focused on building collaboration and establishing new growth oriented partnerships between organised businesses, government and other critical stakeholders for the ultimate good of our country”, Adeniyi said.

The Regional Director and UNIDO Representative to West Africa, Mr. Jean Bakole also called for the provision of incentives to promote businesses in the country.

He explained that there is no way Africa can move ahead with development without acceleration of industrialization.

He also called on Nigeria to prepare ahead by making jobs available for her explosive population, which is expected to climax at 500million by 2050.

“I think it’s very important that Nigeria being the leading economy in Africa has to put enough importance on the private sector, because if you don’t sustain the private sector in your country, you cannot be able to attract investors coming into the country.”

The Nigerian Minister of Labour and Employment, Mr Chris Ngige while speaking at the event said there have been positive results in the areas of public private partnership by NECA with government institutions.

“A country is deemed as developed, if it can provide qualitative standard of living to our citizens by utilising the different sectors of the economy such as agriculture, industries, ecological management, through information technology, as smooth transition to digital economy, which are identified as human based approach to development” He said.

“We have the cooperation with Nigerian Social Insurance Trust Fund, we have the cooperation with the Industrial Training Fund for jobs, we expect more such public private partnership, both with mega affiliate bodies, including multinationals in the individual rights and capacities”.

“This will enable and create more opportunities for corporate social responsibility in those companies in tune with the principles contained in the ILO instrument, titled tripartite Declaration of Principles concerning multinational enterprises and Social Policy.” The Minister added.

The Minister on behalf of the Federal Government commended the organised private sector for preventing retrenchment during the pandemic and urge them to continue to implement policies to keep workers at work.