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Petrol Subsidy Removal, A Game-changer — LCCI

Petrol Subsidy Removal, A Game-changer — LCCI   The Lagos Chamber of Commerce and Industry has said the decision by the Nigerian National Petroleum Corporation to put an end to fuel subsidy will be a game-changer for the oil and gas sector and the economy. The Director-General,...

LCCI Seeks Suspension Of 50% VAT, Others Increment

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

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

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

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

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...