Local rice production still weak with deep domestic demand, supply gap—LCCI
Leading industrialist and Director General of Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yusuf has picked hole on the announced plan to shut land borders as a drive to end rice smuggling, saying “One big issue is the…
Beer, other alcoholics yet to see any increase in retail prices 1 week after tax hike
More than one week after the effective implementation of a new excise duty regime on alcoholic beverages and tobacco products, market price sampling weekend showed that prices of related products remained intact. It would be recalled that the new tax…
LCCI traces lull in economy to none constitution of Boards of MDAs
Rising from it National Economic Strategy meeting in Lagos, the leadership of the Council of the Lagos Chamber Of Commerce and Industry (LCCI), has linked observed sluggishness in government economic activities to the none constitution of Boards of several Ministries,…
LCCI seeks return to pipelines for petroleum products distribution nationwide
A new lead that will ensure the seamless distribution of petroleum products nationwide has been advocated by the Director General of Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yusuf. In an interview, he regretted why the federal government…
Why single currency won’t work now in W/Africa—LCCI
Apart from the fact that President Muhammadu Buhari on Tuesday in Niamey, Republic of Niger, urged member countries of the Economic Community of West African States (ECOWAS) to hold on further action on pushing for a single currency for the…
Foreign e-Commrece, shopping malls investors don’t grow economy but kill
…Need for local content in percentage of goods on sale stressed Contrary to trending belief that the sudden surge in foreign e-Commerce and shopping malls operators into the economy translates to answers to the Federal Government’s quest for foreign direct…
LCCI hails end of Customs check-points on highways, but…
The Director-General of Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yusuf has commended the leadership of the Nigerian Customs Service (NCS) for keying in to the presidential drive for ease of doing business by dismantling Customs check-points on…
Why lottery brands, other portfolio investors are invading Nigerian —LCCI
Fresh facts have emerged on why more portfolio rather than institutional investors are having field day in the Nigerian economy. Explaining issues around the recent retention of Monetary Policy Rate at 14 per cent by the Monetary Policy Committee (MPC)…
