By NAOMI UZOR

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA), has enjoined the National Assembly (NASS) to ensure speedy passage of the 2014-2016 Medium Term Expenditure Framework (MTEF).

The President of NACCIMA, Alhaji Mohammed Abubakar, made the call when he addressed the private sector, policy makers and government functionaries at the ongoing Lagos International Trade Fair organised by Lagos Chamber of Commerce and Industry, LCCI.

Represented by the Association’s Vice President, Iyalode Alaba -Lawson, NACCIMA applauded the Federal Government for demonstrating high sense of forward planning in the interest of the nation’s economy to bring about all inclusive growth by producing the proposed 2014-2016 Medium Term Expenditure Framework (MTEF) which is before the National Assembly for passage.“We wish to counsel that the National Assembly should, without further delay, fast-track the consideration of the MTEF and approve it,” he said.

He noted that no economy in the world is an island, nor can experience a sustainable level of real growth and development if the necessary economic reforms and incentives that would spur and position the economy in better stead to attract and encourage both local and foreign investors in the country, were not put in place.

“It has therefore become necessary for our government at all levels to ensure the enhancement and development of the private sector with appropriate and effective enabling policy measures .