NACCIMA Seeks Better Clarity On Tax Reforms

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the federal government to deepen collaboration with the private sector in the ongoing economic reform programme, as it seeks clearer tax policies and improved access to trade finance for micro, small and medium enterprises (MSMEs).

This was the thrust of discussions when NACCIMA’s Director General, Mr Sola Obadimu, led a high-level delegation to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in Abuja.

During the meeting, Edun reaffirmed the Tinubu administration’s commitment to structural reforms aimed at stabilising the economy, citing progress in strengthening the naira, attracting diaspora and domestic investments, and reducing import dependence through local production.

While commending reforms such as fuel subsidy removal and foreign exchange unification, Obadimu stressed the need for better alignment between policy design and execution.

He specifically highlighted the challenges faced by MSMEs in accessing trade finance, and called for more clarity in the country’s tax framework.

The delegation also sought ministerial backing for NACCIMA’s upcoming 65th Annual Conference and Investment Summit, both of which are expected to focus on private sector strategies for realising a $1tn economy by 2030.

Both parties agreed that Nigeria’s long-term economic transformation depends on robust public-private partnerships, with the private sector playing a central role in policy implementation and national growth.

NACCIMA Seeks Better Clarity On Tax Reforms is first published on The Whistler Newspaper