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The NACCIMA President added that the signing was done when the Nigerian industries needed it most pointing out that now the hard work must begin if Nigeria especially the private sector is to reap the benefits of the agreement.
The functions of NASSI, NASME and NACCIMA in SMEs development are identical.
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) (2011), "OPS and Claim to Make Policies, Reforms Impact Real Sector Operations', Punch Newspaper, January 7, Lagos, Nigeria.
"However, we would like to counsel that the Central Bank of Nigeria reconsiders its stance in its earlier press release-where it stated as follows: [MTOs] are required to remit foreign currency to their respective agent banks in Nigeria for disbursement in Naira to the beneficiaries while the foreign currency proceeds are to be sold to Bureaux De Change operators, for onward retail to end users'," NACCIMA continued.
The local Vanguard newspaper on Friday quoted the NACCIMA President, Alhaji Badaru Abubakar, as saying that the delay would become necessary to enable stakeholders resolve the lingering controversies generated by the policy.
At a follow-up meeting between the representatives ot NACCIMA and the Federal Ministry of Finance, the proposals were accepted, which led to the promulgation of the Foreign Currency Domiciliary Accounts (CDAS) Decree of 1985 (LCC & I, 1986).
NACCIMA considers the CBN idea as laudable as it will help in reducing the risks and cost of money transfer and management by making Nigeria a cashless society." Reducing use of cash Several new payment cards are being launched in order to encourage customers to reduce their use of cash.
The Chairman, technical session of the workshop, the immediate past Director General, The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and a consultant to UNIDO on export value chain, Dr John Isemede, urged participants to make good use of all they have been told in order to bring back Nigerian beans exportation to reckon.
The local media Thursday quoted the Director General of the National Association of Chambers of Commerce Industries, Mines and Agriculture (NACCIMA), Mr.
Already some private sector operators have been scrambling to get the Manufacturers' Association of Nigeria (MAN) and the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), among others, to speak with one voice and quickly hand the Government an implementation plan for the budget.
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