Founded in 1888, the Lagos Chamber of Commerce and Industry is the Premier Chamber of Commerce in Nigeria. It was incorporated in 1950 as a non-profit making organization, Limited by Guarantee under the Companies Act of 1948.
It is the foremost private sector group in Nigeria with over 2, 000 corporate members. It also accounts for an estimated 60% of industrial output, 65% of general commerce and 75% financial services in the country.
The primary objective of the Chamber is to promote, support or oppose legislative or other measures affecting trade, industry, commerce and agriculture. The Chamber represents the opinion of the business community on the above matters in particular and economy as a whole. Over the past thirteen decades, LCCI has remained the leading voice of the private sector through its sustained public policy advocacy, stakeholders’ engagement and trade promotion activities.
The Chamber, as the representative organ of the business community, is a leading voice of the Organised Private Sector in Nigeria. It maintains regular consultations on policies and measures affecting business and the economy.
The Chamber makes representations to the Federal Government on issues of interest to the business community, states and the economy