LCCI Seeks Suspension Of 50% VAT, Others Increment   The Lagos Chamber of Commerce & Industry (LCCI) has called on the Federal Government to, among other things, suspend the implementation of the 50 per cent increase in Value Added Tax (VAT) till the end of the...

LCCI To FG: Scrap Taxes On Solar Equipment   The Director-General, Lagos Chambers of Commerce and Industry, Muda Yusuf, has said that the import duty and taxes on solar equipment including batteries and inverters should be scrapped so as to improve access to renewable energy solutions. The...

LCCI Warns Against Possible Rise In Inflation   The Lagos Chamber of Commerce and Industry has warned that the nation’s inflationary trend may move higher in the coming months from the current 11.25 per cent as the nation continues to shut its borders to its West...

Lagos Govt, Others Woo Chinese Textile Investors   More Chinese investors may be on their way to Nigeria as the Lagos State Government and other leaders in the business groups are beckoning on them to be part of the new efforts at industrialising the nation. Specifically, the...

Experts Oppose IMF’s Call For Tax Hike   Finance experts, Lagos Chamber of Commerce and Industry, a university don, among others, have disagreed with the International Monetary Fund on the fund’s latest recommendation to the Federal Government to raise its tax rate in order to meet...

LCCI Advises CBN To Halt N305/dollar Official Exchange Rate   The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate of N305 to one United States dollar. It said that the multiplicity of rates was inimical to...