The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) honours President Muhammadu Buhari (GCFR) as the Grand Patron of the body.
The group was received at the presidential Villa as they thanked Buhari for his continuous support and zeal to strengthen the Economy of the nation.
In his reactions, President Buhari thanked NACCIMA for honouring him as their Grand Patron. He however reinstated his commitment towards making Nigeria a better country than it was and ensure his administration drives new policies that will bring forth Developments.
Buhari in his speech said;
Trade is central to our economy; we are a nation of traders,and have been for centuries.
I will ensure that we continue to give the sector full support.We will soon finalise the National Action Committee on the implementation of the AFCFTA.
We expect the organized private sector to continue to support us in achieving a Free Trade Area that employs Africans to produce high-quality made-in-Africa products.
This validates our action as a Government when we insist that the African Continental Free Trade Agreement must not only promote free trade, but legal trade of quality made-in-Africa goods and services.
Within a few short weeks since the partial border closures began, we are already seeing a decline in the volumes of counterfeit smuggled goods in some of our major markets across the country.
Most of these substandard and illegal items are smuggled through our land borders.
After many years of diplomacy and aggressive regulatory oversight which yielded few results, we decided to close our land borders for a limited time to assess the impact of this measure.
We have all heard stories about the dangerous and sometimes, fatal impact of fake drugs and foods on our citizens.
We have also seen how fake electrical items have led to fires in homes and markets thereby destroying lives and property.
It is regrettable there there are traders who simply do not play by the rules; who choose profits over patriotism, and whose selfish practices in perpetrating smuggling and counterfeiting help keep foreign factories working while closing ours.
He assured them of his administration’s readiness to work with them to bring an end to smuggling and the dumping of substandard items in West Africa and on the continent.