Press Release

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 a platform to discuss the role of the private sector…

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 hold a Stakeholders’ Forum on African Continental Free Trade Agreement (AfCFTA) aimed at providing a platform for private sector stakeholders to deliberate on the trade agreement in…

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 ISLAND DEPUTY PRESIDENT LAGOS CHAMBER OF COMMERCE AND INDUSTRY, MRS TOKI MABOGUNJE   THE DEPUTY PRESIDENT LAGOS CHAMBER OF COMMERCE AND INDUSTRY, KNUT…

COMMUNIQUE OF THE COUNCIL MEETING OF THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY [LCCI] HELD 7TH FEBRUARY 2018 The 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 of heightened insecurity on businesses across the country as…

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 Forum The Lagos Chamber of Commerce and Industry (LCCI) in fulfilment of…

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 to cover several other basic items….

COMMENTS ON THE FREEZING OF BANK ACCOUNTS OF ALLEGED TAX DEFAULTERS BY FIRS The 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 freezing of the accounts of taxpayers considered to be…

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 a joint session of the National Assembly. It also…

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, has elected Mr. Babatunde Paul Ruwase as President for the next two years. This followed the expiration of Dr. Mrs. Nike Akande’s tenure, having meritoriously served the Chamber in the…