2013 National Automotive Policy has failed, needs immediate review—LCCI
Director General, Lagos Chamber of Commerce and Industry (LCCI), Mr Muda Yusuf has called for end to the delay in reviewing the prevailing 2013 National Automotive Policy, noting that it has failed to achieve any of the targets set for…
Is FG running out of economic recovery and growth ideas?
In view of recent outbursts of economic development pundits on the current state of the Nigerian economy, their aggregate argument seems to suggest that either the Federal Government’s Economic Recovery and Growth Plan (ERGP) is not yielding results or the…
FG killing EoDB drive with regulatory compliance costs, ambiguity, roles overlap—LCCI
The leadership of Lagos Chamber of Commerce and Industry (LCCI) has made it clear that contrary to executive pronouncements on the beauty of Federal Government’s drive to ease of doing business (EoDB) mandate, observed regulatory compliance costs, lack of clarity…
Weak port infrastructure costs FG N1tn, companies N2.5tn in 2018—LCCI, others
New report coming from a survey carried out by the Lagos Chamber of Commerce and Industry (LCCI), Organised Private Sector and the Centre for International Private Enterprises in 2018, has shown that poor ports facilities drained the Nigerian economy about…
LCCI report reveals how non-oil sector improved Nigeria’s GDP YoY
Fresh report on Nigeria’s Gross Domestic Product (GDP) Alert by the Lagos Chamber of Commerce and Industry (LCCI), has revealed that the he Nigerian Economy Improved by 2.4 % in 2018Q4 and 1.9 % in 2018 Full Year (FY) The…
Bad roads jerk up haulage, logistics cost for manufacturers, says MAN, LCCI
The intractable drawbacks caused by bad port access roads and general failure in road infrastructure nationwide have jerked up costs of moving goods from ports to the factories. However, the Manufacturers Association of Nigeria (MAN), have faulted what if described…
FG’s fuel subsidy regime remains rent, drain pipe to ailing economy—LCCI
More interest groups have continued to voice condemnation to the way and manner the current government is running the fuel subsidy regime. Latest commentator on the issue is the the Director of Research and Advocacy, at the Lagos Chamber of…
Yam export not in list of major traded agricultural products for 2018
Strong indications have emerged revealing that upon all efforts made by the Federal Government and Nigerian Yam Farmers throughout 2018 to rise in exports and feature among the list of major traded agricultural products for 2018, failed. Otherwise, exports in…
Nigeria’ll go up in next ease of doing business global rating—FG
Just as the leadership of Lagos Chamber of Commerce and Industry (LCCI) is seeking a review of World Bank parameters in measuring Ease of Doing Business, speakers and stakeholders at a recent ‘Doing Business Series’ held in Lagos has decried…
Conflicting facts on local rice production worry Nigerians
Last week, figures from the United States Department of Agriculture have shown that Nigeria’s local rice production in the coming year would be under serious pressure. Otherwise, the data projected that Nigeria’s rice production will drop from $2.48bn to $2.40bn…
