The Guardian (Nigeria)

LCCI upbeat on economic recovery amid difficult times

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THE Lagos Chamber of Commerce and Industry (LCCI) has expressed confidence in the Nigerian economy despite harsh difficult times currently being experience­d by different sectors of the nation.

The president, LCCI, Dr. Nike Akande, explained that these are not the best of times for Nigeria, but optimistic that Nigeria remains a destinatio­n for Foreign Direct Investment­s (FDIS) and a ready market for emerging global businesses.

The LCCI president during its new members’ induction ceremony, said as a public advocacy group for the Organised Private Sector (OPS), it would continue to lend its voice and create platforms for OPS to chart the way forward for the Nigerian economy.

In her words: “The membership has been increasing and this shows that we are doing something right to protect our existing members by helping them with their businesses. We have been doing a lot to encourage people. These are not the best of times, but we believe businesses will improve. As LCCI, we have the opportunit­y to interact with the gov- ernment because we know where the shoe pinches and thank God we ha ve a listening government.”

According to her , the increase in size of its membership is a reflection of the fact that the chamber is being appreciate­d by the business community.

She however reiterated that the primar y objective of the chamber is to promote and protect the interest of its members and the business community at large through public policy advocacy , creation and facilitati­on of commercial and industrial opportunit­ies, provision of business developmen­t servic- es and observance of highest standards of business ethics.

Akande also enjoined the new members to be committed to the ideals of high ethical standards and responsibl­e corporate citizens.

Also speaking at the event, the chairperso­n, membership and welfare committee, Mrs. Toki Mabogunje,

said the induction will be exposing some of its members into the new growth sectors of the economy especially at a time when the federal government is focusing on the non-oil sector.

 ??  ?? Non-executive Director PZ Cussons Nigeria Plc, Mallam Dahiru Muhammad (left); Chief Financial Officer, David Petzer; Chief Executive Officer, Christos Giannopoul­os; and Chairman, Chief Kola Jamodu, at the yearly general meeting of the company, in Abuja.
Non-executive Director PZ Cussons Nigeria Plc, Mallam Dahiru Muhammad (left); Chief Financial Officer, David Petzer; Chief Executive Officer, Christos Giannopoul­os; and Chairman, Chief Kola Jamodu, at the yearly general meeting of the company, in Abuja.

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