RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Business

Shortage Of Semi-Skilled Labor Affecting Nigerian Businesses

Rate Captain by Rate Captain
November 9, 2021
in Business, Economics
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

A short fall in semi-skilled labor has been indicated as a major issue affecting the growth of businesses and the prevalent economy in Nigeria. The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) disclosed this information at the  opening of the 35th edition of the Lagos International Trade Fair holding at the Tafawa Balewa Stadium (TBS) in Lagos during the weekend.

The President of NACCIMA, Further expressed his displeasure over the scarcity of labor categorized under the semi-skilled classification, Such as electricians, plumbers, welders, fitters, machinists.

His words  “We at NACCIMA applaud the federal government for realizing the need to partner with the Organized Private Sector (OPS) to find a lasting solution as contained in Executive Order 5.”

Lagos State Governor, Sanwo-Olu guaranteed the public that his government would ensure a business friendly environment with a view to facilitating profitable returns on investment in the state.

Dr. Lola Akande, The Commissioner for Commerce, who represented Governor Sanwo-Olu explained that the annual trade fair has had a great impact on the economy through the opportunities it has continued to provide to individuals and corporate organizations to showcase their products and services to prospective customers.

 

 

AlsoRead

Court Hits 21 Unlicensed Investment Firms with N30 Million Fines Each

Brent Falls to About $101.71 and WTI Drops Below $100 as US-Iran Diplomacy Hopes Rise

Sterling, AIICO and Fidelity Lead Volumes as NGX Gains About N315 Billion

Previous Post

CBN to Deflate Nigeria’s Treasury Bills, Set to Sell N150 Billion Worth NTB

Next Post

Nigerian Stocks Hit a New Milestone

Related News

NGX Fines Banks N76.8 Million for Late Financial Reporting

Court Hits 21 Unlicensed Investment Firms with N30 Million Fines Each

by Victoria Attah
September 29, 2026
0

Nigeria’s capital market regulators have scored a significant enforcement win after a Federal High Court in Nasarawa State convicted 21...

Oil Prices Reach $90 Following Supply Reduction by Saudi Arabia and Russia.

Brent Falls to About $101.71 and WTI Drops Below $100 as US-Iran Diplomacy Hopes Rise

by Akpan Edidong
September 21, 2026
0

Brent crude eased to about $101.71 a barrel while US West Texas Intermediate slipped below $100 as investors assessed renewed...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Sterling, AIICO and Fidelity Lead Volumes as NGX Gains About N315 Billion

by Jide Omodele
September 17, 2026
0

The Nigerian Exchange recorded turnover of 662.35 million shares on Wednesday, 16 September 2026, as investors kept up strong activity...

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Naira Weakens at Official Market After Two-Day Advance

by Jide Omodele
September 10, 2026
0

The naira recorded its first depreciation of the week in the official foreign exchange market, falling to N1,329.21 per dollar...

Next Post

Nigerian Stocks Hit a New Milestone

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Banks Hold Off on Lowering Loan Rates Nearly a Week After CBN’s 350-Point Cut

September 29, 2026
Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Dangote Refinery Lifts Petrol Output as Nigeria’s Fuel Imports Drop Sharply

September 29, 2026

Popular Story

  • DMO Announces Subscription Offering for Federal Government Savings Bonds.

    CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Lifts Petrol Output as Nigeria’s Fuel Imports Drop Sharply

    0 shares
    Share 0 Tweet 0
  • NFEM Turnover Drops 17.7% to $2.25 Billion as CBN Lowers Benchmark Rate to 23%

    0 shares
    Share 0 Tweet 0
  • Federal Government Allots N6.69 Billion in September Savings Bonds

    0 shares
    Share 0 Tweet 0
  • Ways and Means Debt Records First Drop as Moratorium Ends

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>