Mr Jideani noted that transitioning to alternative energy sources such as solar was not only timely but essential.
The Abuja Chamber of Commerce and Industry on Wednesday honoured the courage, selfless service and unwavering dedication of men and women of the military.
He called on governments at all levels to harmonise tax policies and address the challenges of multiple taxation.
According to Mr Obegolu, the Idu Industrial Hub, if properly harnessed, has the potential to catalyse economic growth and create adequate jobs for Nigerians.
Mr Obegolu said, “As fuel is a critical input in production and transportation, the price spike will lead to a corresponding rise in operational expenses.’’
The ACCI president expressed deep concern over any strike action, saying that it had detrimental effects on the economy, particularly small businesses.
Mr Obegolu called for urgent measures to stabilise food prices, enhance food security and alleviate Nigerians’ economic burden.
Past recipients of the award include former Vice-President Yemi Osinbajo and ex-CJN Muhammed Uwais.
“Reopening of the plaza will help put food on people’s tables for their families and also boost the economic activities of the country,” ACCI said.
The leader of the Organised Private Sector in Abuja called on NNPCL to expedite the distribution of petroleum products across the country.
