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From Juliana Taiwo-Obalonye, Abuja
Secretary to the Government of the Federation (SGF), George Akume, has hailed the private sector as a pivotal force propelling Nigeria’s economic and national development.
Speaking through his representative, Permanent Secretary, General Services Office, Ibrahim Kana, Akume commended a delegation from the Lagos Chamber of Commerce and Industry (LCCI), led by its President and Chairman in Council, Leye Kupoluyi, during their courtesy visit to his office in Abuja.
Akume described the LCCI as “one of the key players in the private sector, which plays an indispensable role in advancing the economic development of the country.” He assured the group of the Tinubu administration’s commitment to fostering an enabling environment through bold economic reforms.
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He highlighted the growing global recognition of President Bola Tinubu’s policies, noting that “the bold economic policies of the Tinubu-led administration are gaining traction globally, saying that the recent commendation given by one of the officials of the World Bank on President Tinubu’s economic reform as ‘a global reference point’ is one of the numerous attestations for its viability.” Akume urged Nigerians to back the Renewed Hope Agenda, adding that the reforms “are already yielding positive results.”
Earlier, Kupoluyi praised the federal government’s reform drive, particularly “the move toward macroeconomic rebalancing through difficult but necessary measures aimed at restoring fiscal sustainability.” He noted endorsements from bodies like the World Bank and International Monetary Fund (IMF).
The LCCI president also lauded efforts to boost foreign exchange market transparency and liquidity, calling them “critical to trade facilitation, investment planning, and investor confidence.” He proposed “the institutionalisation of structured public–private policy dialogue platforms coordinated through the SGF’s office, to enable private sector feedback to inform policy design, sequencing, and execution.”
