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Why government should consult investors, stakeholders prior to policy change – AABTEAN President

by Emerald Nigeria
May 21, 2021
in Economy
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By Taiwo Okuwobi, Lagos

President of the Association of Automobile Boatyards Transport Equipment and Allied Employers of Nigeria (AABTEAN) Mr. Seyi Onajide, has advised that as part of efforts to encourage investors, government and all policy makers in the country should always carry along all stakeholders in the event that they need to change any policy.

He made this statement recently at the 41st Annual General Meeting (AGM) of the association held at the main hall of the Honda manufacturing Limited, Otta- Ogun state.

According to Mr. Onajide, “Policy summersault drives away investors. When you bring into the country a dollar and after few months the dollar becomes a fraction of it because of policy change, it makes mess of your investment in Nigeria.

“This kind of policy changes will affect how people see the country as a whole. Let all stakeholders in every sector be carried along and listen to them before you change policy. We are not afraid of change but put a human face to it,” he said.

Mr. Onajide, while expressing his team’s appreciation for their re-election to continue to steer the wheel of the association for another term, assured the members that they would live up to their expectations by doing things better than they have done in the past.

He noted that one of the objectives of the association is to see to the welfare of it members by bringing to the fore issues that affect the existence of their businesses such as double taxation and duties. Mr. Onajide explained that his team is prepared to do more of advocacy this year.

The AGM also confirmed the reappointment of the Chairman of the Committee of Human Resource Experts, Mrs. Rose Osuinde, and the auditor Anjorin Anjorin and Co for another financial year.

Tags: GovernmentInvestors
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