The Lagos Chamber of Commerce and Industry (LCCI) has warned against what it described as collateral damage the suspension of Twitter operations in Nigeria would cause. Its Director-General, Dr Muda Yusuf said many businesses, especially small medium enterprises (SMEs), leverage the micro-blogging social media platform for marketing and other promotional …
Read More »Petroleum Industry Bill: LCCI Calls for Protection of Existing Investments
The Lagos Chamber of Commerce and Industry has drawn government attention towards some provisions in the new Petroleum Industry Bill (PIB). While declaring the chamber’s full support towards governmental efforts to drive industry reform through a new Petroleum Industry Bill, LCCI Director-General, Dr Muda Yusuf said the bill should seek …
Read More »LCCI Seeks Waivers, Loan Restructuring for Hospitality Sector
…As Sector Comes Under N1.4 Trillion Investment Threat The debilitating effect of the coronavirus pandemic appears to be taking a negative toll on the hospitality sector as the Lagos Chamber of Commerce and Industry (LCCI), yesterday warned that about N1.4 trillion investment in the industry was under severe threat. LCCI Director …
Read More »LCCI Seeks One-Year Tax Break, 7.5per cent VAT Suspension for Businesses
In its bid to aid recovery from the devastating impact of the COVID-19 pandemic, the Lagos Chamber of Commerce and Industry (LCCI) has asked the Federal Government to grant a one-year tax break to manufacturers, pharmaceutical firms, agro processors, airlines, small businesses and hospitality players. The body also requested for …
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