BrandsTrack

  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

                        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

                          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

    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

    The Lagos Chamber of Commerce and Industry (LCCI)has expressed concerns over the recent decision by GlaxoSmithKline (GSK) to shut down its operations in the country, after 51 years, warning  that such decision would further hinder the growth potential of the nation’s economy.   The Chamber, in a statement, issued by its Director General, Dr. Chinyere Almona, recently, describedRead More