The Lagos Chamber of Commerce and Industry (LCCI) has expressed fears that some provisions of the new Petroleum Industry Bill (PIB) could adversely affect sustained growth of the oil and gas industry if the Bill is passed into law in its present form. It, therefore, canvassed the need for the National Assembly to re-appraise the […]
The Federal Inland Revenue Service (FIRS) has reported the sum of N4,178 trillion as its total revenue generated from January to the end of October 2020, representing 99 percent of its N4.23 trillion set target for the period. The Executive Chairman of the Service, Muhammad Nami, who made this disclosure in his goodwill message delivered […]
The Lagos Chamber of Commerce and Industry (LCCI) on Thursday announced the election of Mrs. Toki Mabogunje as President for the next two years, following the expiration of Mr. Babatunde Paul Ruwase’s two year tenure. The Director General of the organised private sector group, said that the newly elected President of the chamber emerged after […]
The Lagos Chamber of Industry and Industry (LCCI) has described the current closure of Nigerian land borders as coming with attendant benefits and costs, the latter which require urgent measures to be addressed by the government. The Director General of the organized private sector group, Mr. Muda Yusuf, on Tuesday stated that reports on the […]
The Lagos Chamber of Commerce and Industry (LCCI) has commended the Executive and Legislative arms for timely preparation and presentation of the 2020 Appropriation Bill for enactment and listed some steps that should be taken by government in order to achieve the budget’s developmental objectives. The Organised Private Sector (OPS) group in a statement by […]
The Lagos Chamber of Commerce and Industry (LCCI) has called on the government to consider immediate review of the nation’s Automotive Policy in view of its flaws that are not reflective of the current realities in the industry and attendant negative implications for the development of the local industry. The organized private sector (OPS) group […]
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, on Monday unveiled plans to inaugurate a new group, the Printing, Publishing and Allied Group, tomorrow. According to the Chamber, the group is intended to bring together stakeholders from the […]
The Lagos Chamber of Commerce and Industry (LCCI) has described the new tax revenue recovery strategy being adopted by the Federal Inland Revenue Service (FIRS) to boost collections as not supportive to productive activities in the country. Specifically, the Director-General of LCCI, Mr. Muda Yusuf, who expressed the organized private sector (OPS) group’s position on […]
The Lagos Chamber of Commerce and Industry (LCCI) has accused the Nigeria Customs Service of imposing arbitrary duties and taxes on their members. The group, therefore, called for an independent arbiter in resolution of disputes arising from classification and valuation of imported goods and duties payable on them. The Director-General of Chamber, Mr Muda Yusuf, […]