The Nigeria Employers Consultative Association has commended President Bola Tinubu for nominating Taiwo Oyedele as deputy finance minister.
“Policies that disregard science, economic realities, and regulatory coherence risk doing more harm than good,” said NECA.
Mr Oyerinde described the hub as a groundbreaking investment.
The director general said strikes, threats of mass action or civil disobedience could disrupt the economic activities.
He said President Bola Tinubu’s economic plans for improving the standard of living must be backed by quick responses.
“Our businesses continue to be weighed down by these additional tax burdens.”
“Government must put in place and institutionalise wage policy machinery that could automatically adjust wages or hedge it against inflation.”
The IMF had recently called on the government to reduce its debt by increasing the tax basket and compliance to generate revenue to cut borrowing.
NECA’s director-general, Adewale-Smatt Oyerinde, said the TET was increased without regard for the current economic crisis.
