NECA Commends FG’s Appointment of NHIA’s Chairman

Dike Onwuamaeze

The Nigeria Employers’ Consultative Association (NECA) has commended the federal government for the appointment of a Chairman for the National Health Insurance Authority (NHIA).

Speaking in Lagos, the Director General NECA, Mr. Adewale-Smatt Oyerinde, stated that “the success of any scheme or project depends on a good governance structure.

“The appointment of a substantive Chairman for the NHIA will not only strengthen the Institution but also reposition it to achieve its objectives.”

Oyerinde also urged the government to appointment and constitution of the boards of many other agencies.

He said: “We urge the government to expeditiously appoint chairmen for other critical institutions like National Pension Commission (PENCOM), National Directorate of Employment (NDE), etc. in line with these agencies’ enabling Acts.

“The managements of these agencies cannot substitute for governing bodies and as such, the enabling Acts detailed the independent and complementary roles of their boards and managements.”

He added that beyond the inauguration of the boards, there should also be strategic mechanisms to ensure that the board would function as envisaged by the Acts, rather than becoming a rubber-stamp for the management.

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    IMF Backs Nigeria’s Single Window Project, Seeks Areas Where Assistance is Needed

    IMF Backs Nigeria’s Single Window Project, Seeks Areas Where Assistance is Needed

    Ndubuisi Francis in Abuja

    The International Monetary Fund (IMF) has expressed support for Nigeria’s Single Window (NSW) Project, an evolving initiative designed to streamline trade processes, reduce bottlenecks, enhance transparency, and increase government revenue.

    The multilateral lender’s backing for the NSW Project was conveyed in Abuja, Thursday by its Technical Assistance Advisor for Revenue Administration 2, Marco Antonio, who led a delegation from the IMF Fiscal Affairs Department for a meeting with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

    The meeting highlighted the IMF’s strong support for the Single Window Trade Project, which aims to streamline trade processes, increase government revenue, and enhance the ease of doing business.

    Antonio praised the NSW project, among other reforms, and sought to know how the IMF could provide further assistance for its successful implementation. 

    According to a statement released by the finance ministry by its Director, Information and Public Relations, Mohammed Manga, the minister disclosed that the project is well underway, with approvals secured, a dedicated team in place, and a structured implementation plan.

    He underscored the initiative’s potential to catalyse export growth, particularly with Nigeria on course to achieve 1.2 million barrels of daily oil production. 

    Describing the project as a transformative economic tool, Edun reiterated the government’s commitment to its success, citing the strategic leadership of President Tinubu and the support of the Nigeria Customs Service (NCS) as key to its execution.

    “As Nigeria continues on its path to economic transformation, the Single Window Trade Project is poised to play a pivotal role. 

    “With the IMF’s endorsement, this initiative is expected to enhance trade efficiency, increase revenue and stimulate economic growth, positioning Nigeria as a beacon of trade excellence in Africa,” the finance ministry said.

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    Ndubuisi Francis in Abuja The International Monetary Fund (IMF) has expressed support for Nigeria’s Single Window (NSW) Project, an evolving initiative designed to streamline trade processes, reduce bottlenecks, enhance transparency,

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