NACCIMA, CPPE lament worsening state of economy

NACCIMA, CPPE lament worsening state of economy

• Fault tax increase, claim all sectors bleeding seriously
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Centre for the Promotion of Private Enterprise (CPPE) have lamented the deplorable state of the economy, stressing that virtually all the sectors are seriously struggling to remain afloat.

President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Ide John Udeagbala, said the situation has become worrisome and called on governments at all levels to, as a matter of urgency, work in synergy with relevant stakeholders in fashioning appropriate strategies to improve and stabilise the economy.

Speaking at the second quarter media briefing of the year on socio-economic issues in Lagos, he regretted that during their first quarter press briefing when they expressed grave concern over the harsh socio-economic…
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