Tag: LCCI
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FG should take tough stance on oil thieves, pipeline vandals – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has lamented the continuous decline in oil revenue in the country due to oil theft and pipeline vandalism. LCCI appeals to government to address the problems of oil theft and pipeline vandalism with a drastic measure and sterner approach. It stated that if oil theft and pipeline…
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How Atiku, PDP engineered mass poverty on Nigerians – BMO
Presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar played a major role in pushing millions of Nigerians into the unemployment market and into poverty as Vice President between 1999 and 2007.
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CBN tasked on supply-side instruments to tackle inflation
The Lagos Chamber of Commerce and Industry (LCCI) has stressed the need for a corresponding boost to supply-side factors of inflation to accompany the monetary policy instruments by the Central Bank of Nigeria (CBN) to tackle inflation.
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FG moves to tackle crude oil theft
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has developed key initiatives aimed at reducing to the barest minimum activities of crude oil theft and illegal artisanal refining. Engr Gbenga Komolafe, Chief Executive Officer, NUPRC, made this known at the Lagos Chamber of Commerce and Industry (LCCI) Public Private –…
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Lagos govt to unveil 30-year devt. plan – Sanwo-Olu
Gov. Babajide Sanwo-Olu says the government will soon unveil a 30-year development plan, toward accelerating sustainable economic growth. Sanwo-Olu made this known during the Lagos Chambers of Commerce and Industry (LCCI) private sector interractive meeting with the Governor on Tuesday in Lagos.
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Celebrities react to planned re-opening of toll gates in Lekki
Many Nigerian celebrities residents in Lekki and its axis have given the Lagos state government knocks for trying to bring back toll fees at Lekki Managaing Director of Lekki Concession Limited (LCCI)Yomi Omomuwasan in a statement released has intimated that operations would begin by April 1st but motorists will start paying on the 15th of…
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LCCI recommends phased fuel subsidy removal
The Lagos Chamber of Commerce and Industry (LCCI) in a statement on Tuesday in Lagos has recommended a phased removal of petroleum subsidy to mitigate its effect on the masses. This was made known by Dr Chinyere Almona, Director-General, LCCI in response to plans of the Federal government to suspend fuel subsidy removal as a…
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Why Nigeria urgently needs PIB – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to ensure the passage of a competitive Petroleum Industry Bill (PIB) that would make Nigeria an investment destination of choice. Mr Muda Yusuf, Director General, LCCI, made the call in a statement issued on Sunday in Lagos. Yusuf said the LCCI was…
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LCCI postpones Lagos International Trade Fair
The Lagos Chamber of Commerce and Industry (LCCI) has announced the postponement of the 2020 edition of the Lagos International Trade Fair due to the economic disruptions brought about by the COVID-19 pandemic and the recent #EndSARS protests that rocked the nation. According to the chamber, the fair which will feature both physical (in-person) and…