2024, powerful yr for industries – NACCIMA

The Nationwide Affiliation of Chambers of Commerce Trade, Mines, and Agriculture, has stated that the surprising devaluation of the naira, hyperinflation, and important rates of interest (35 – 40 per cent) imposed by industrial banks have examined their resolve and resilience.

NACCIMA disclosed this in a Christmas message signed by its President Dele Oye on Wednesday.

Oye described 2024 as a attempting yr for members of NACCIMA and all companies.

“Regardless of the challenges we’ve confronted as a nation and as entrepreneurs lately, I wish to take a second to precise my heartfelt greetings to each one in all you. It has certainly been a very attempting yr for our members and all companies.

“The surprising devaluation of the naira, hyperinflation, and important rates of interest (35-40 per cent) imposed by industrial banks have examined our resolve and resilience,” he stated.

Oye added that the power of Nigerian companies to adapt and thrive in adversity is a testomony to the power and willpower that defines all traders and entrepreneurs within the Nigerian panorama.

“But I stand in awe of the entrepreneurial spirit so lots of you’ve got displayed. Your potential to adapt and thrive in adversity is a testomony to the power and willpower that defines all traders and entrepreneurs within the Nigerian panorama,” he stated.

He assured Nigerians that although he’s winding down his tenure because the president of NACCIMA, the group is stronger than ever.

Oye assured Nigerians that NACCIMA’s dedication to enhancing the enterprise panorama stays unwavering.

“As I wind down my presidency, I wish to guarantee you that NACCIMA is stronger than ever, and we’re well-positioned to advocate for a greater enterprise local weather in your enterprises.

“Our dedication to enhancing the enterprise panorama stays unwavering, and we’ll proceed to work diligently in your behalf, making certain that your wants and challenges are addressed,” he acknowledged.

“This Christmas, as we have a good time and look ahead to a brand new yr, I urge you to proceed conducting your companies with integrity and ethics. Allow us to all work collectively as brokers of optimistic change, contributing to the expansion and growth of our beloved Nigeria,” he concluded.