Press Release

As part of the continued search for long-standing solutions to the malaria scourge and in commemoration of the World Malaria Day (WMD), the winners of the 2017 edition of The Nigeria Prize for Science today in Lagos presented their winning work on Malaria to members...

The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the first ever INEC-Private Sector Forum on electoral process.  The forum, which is aimed at providing...

PRESS BRIEFING ON THE STATE OF THE ECONOMY BY THE PRESIDENT OF LAGOS CHAMBER OF COMMERCE AND INDUSTRY, MR. BABATUNDE PAUL RUWASE, FCA HELD ON 16TH MAY 2018 AT COMMERCE HOUSE, VICTORIA ISLANDDEPUTY PRESIDENTLAGOS CHAMBER OF COMMERCE AND INDUSTRY,MRS TOKI MABOGUNJE THE DEPUTY PRESIDENTLAGOS CHAMBER OF...

COMMUNIQUE OF THE COUNCIL MEETING OF THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY [LCCI] HELD 7TH FEBRUARY 2018The LCCI Council meeting took place on Wednesday 7th February, 2018 under the Chairmanship of its President, Mr Babatunde Paul Ruwase, FCA. The meeting deliberated on the impact...

COMMUNIQUE ISSUED AT THE END OF A STAKEHOLDERS’ FORUM ON AFRICAN CONTINENTAL FREE TRADE AGREEMENT (AfCFTA) ORGANISED BY THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY (LCCI) AT THE COMMERCE HOUSE, 1, IDOWU TAYLOR STREET, VICTORIA ISLAND, LAGOS ON THURSDAY 24TH MAY, 2018.The ForumThe Lagos Chamber...

PRESS RELEASE COMMENTS ON GOVERNMENT’S PLAN TO IMPOSE/INCREASE EXCISE DUTY RATES ON LOCALLY PRODUCED GOODS The government recently commenced the enforcement of the approved amendment to the excise duty rates for alcoholic beverages, spirits and tobacco in Nigeria. However, we are worried over the move to extend the duty...

COMMENTS ON THE FREEZING OF BANK ACCOUNTS OF ALLEGED TAX DEFAULTERS BY FIRSThe attention of the Lagos Chamber of Commerce and Industry [LCCI] has been drawn to the recent decision of the Federal Inland Revenue Service [FIRS] to appoint banks as collecting agents and subsequent...

Introduction On the 16th of May 2018, the National Assembly passed a budget of N9.12 trillion for the 2018 fiscal year. This budget represents a 6 percent increase over the N8.61 trillion budget proposal presented by President Muhammadu Buhari on the 7th of November 2017 before...