Govt should focus on building business environment – IoD - Punch Newspapers

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The Institute of Directors Nigeria has urged the government to focus on building an enduring business environment through renewable capacity, women and youth empowerment, climate-smart agriculture and overall economic diversification.

The immediate past President, IOD Nigeria, Chief Chris Okunowo, said the government should emphasise the need to diversify Nigeria’s economy and ensure growth in non-oil exports. Okunowo said these at the 37th Annual General Meeting of the institute in Lagos, stating that these measures would help in achieving an inclusive economic recovery. “Government needs to deepen the conversation regarding insecurity and poverty in the nation to help the survival of the nation.

“The government also needs to consolidate the ongoing reforms, related to the removal of fuel and electricity subsidies, and a massive programme on the harmonisation of citizens’ data.” Recounting the achievements of the institute, Okunowo stated that the IOD was recognised as a model professional organisation and strong advocacy for best corporate governance practices in the private and public sector.

 

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