Our attention has been drawn to the several reports in the National media insinuating that the Governing Board of NSITF met to consider alleged infractions against the management of NSITF and consequently made recommendations...
We are aware of the positive impact of unifying the exchange rate, as we are in full support of shunning multiple currency practices, this we believe, have not demonstrated the true reflection of the naira in the market. Nevertheless, we are weary of the implication of the sudden unification of the exchange rate to the economy at this time, which we believe will be counterproductive, as a nation like ours that depend hugely on importation of raw materials, equipment, fuels (most especially).
Following the announced suspension of the top management and executive committee of the Nigeria Social Insurance Trust Fund (NSITF) by the Honourable Minister of Labour and Employment, Senator (Dr.) Chris Ngige, the Nigeria Employers’...
The major decision from the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its May, 2020 meeting was the reduction of the Monetary Policy Rate (MPR) from 13.5% to 12.5%....
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Nigeria’s economy like every other economies in the world was faced with grave threat, most especially oil dependent-economies- an indication of the headwinds the economy is facing from the coronavirus pandemic and low crude...
The Nigeria Employers’ Consultative Association (NECA), commended the Federal Government for approving the implementation of the long-overdue Oronsanye Report. The Report was submitted to President Goodluck Jonathan on April 16, 2012. Speaking in Lagos,...
It is a known fact that businesses were facing numerous challenges before the advent of Covid 19 even with the privilege of full time working hours. Thus, the Pandemic has further compounded the challenges...
The Nigeria Employers’ Consultative Association (NECA) congratulates Nigerian Workers for another Workers’ Day celebration, which is a global event. NECA celebrates with Labour – being a social partner and a worthy party in the...
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