Post Tagged with: "LCCI"

Interest Rates Hike: Private sector may be thrown into deeper crises - LCCI warns

Interest Rates Hike: Private sector may be thrown into deeper crises – LCCI warns

News May 23, 2024 at 5:05 pm 0 comments

The recent hike in the interest rates, as announced  by the monetary policy authorities, may signpost a deeper crises for the nation’s private sector, the Lagos Chamber of Commerce and Industry (LCCI), has warned.   The Chamber, in its reaction to the recent interest rates hike, on Wednesday, warned that such hike would throw the private sector to more profoundRead More

Expatriates Levy may trigger further relocation of businesses - LCCI

Expatriates Levy may trigger further relocation of businesses – LCCI

News March 8, 2024 at 4:24 am 0 comments

  The Lagos Chamber of Commerce and Industry (LCCI), has warned that plans by the federal government to implement the recently-introduced Expatriates Employment Levy (EEL), in the country,  may cause unintended consequences that may trigger the relocation of foreign companies to neighbouring countries that present a more conducive and less expensive environment for business.       The Chamber, inRead More

LCCI commends FG's commitment on power projects, counsels on private sector investment

LCCI commends FG’s commitment on power projects, counsels on private sector investment

More News January 4, 2024 at 5:11 pm 0 comments

                        Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI) has commended the federal government on its commitment to power projects, including the Siemens Energy initiative. Giving the commendation in a statement signed by its Director General, Dr. Chinyere Almona, recently,  the Chamber described the present administration’s effortsRead More

VAT waivers on diesel, commendable, but...-LCCI

VAT waivers on diesel, commendable, but…-LCCI

More News October 10, 2023 at 12:52 am 0 comments

                          Dr. Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI), has described the  federal government’s recent decision to suspend the 7.5%  Value Added Tax (VAT) on diesel for six months as commendable, but expressed concerns over high operating costs of  doing business. The Chamber, in aRead More

Double your efforts to avert more inflationary pressures - LCCI urges FG

Double your efforts to avert more inflationary pressures – LCCI urges FG

More News August 17, 2023 at 7:23 am 0 comments

    DG, LCCI,  Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to step up efforts at  tackling food costs, especially staple food items, to avert more inflationary pressures.   The Chamber, in a statement issued by its Director General, Dr. Chinyere Almona, on Wednesday,  in reaction to the July 2023 inflationRead More