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The Lagos Chamber of Commerce and Industry (LCCI) has inducted 81 businesses as new members of the chamber after they met some set standards.
At the second edition of induction ceremony organised by LCCI, Babatunde Ruwase, president of the chamber, explained the importance of driving business relationships and growth across sectors of the Nigerian economy.
“The chamber is a special place in the business community, filled with exceptional business leaders and corporate executives across all sectors of the economy,” he said.
He said the LCCI is a leading voice in the promotion of private sector interest to facilitate the global competitiveness of the Nigerian economy, championing several initiatives and policy advocacy activities that have resulted in beneficial reform outcomes and impact.
Joining the LCCI is seen as a strategic decision by corporate businesses, with stakeholders saying that the firms are well positioned to enjoy numerous values from advocacy to government support.
The values which cut across exposure to a wider range of potential customers, connections to potential business investors, leveraging on the exposure of the chamber to international platforms, knowledge sharing and learning opportunities, business connections, access to useful and accurate business information, among others.
“The major objective of the chamber, which guides our activities and projects is encapsulated in our mission statement which is ‘to promote and protect the interest of its members and the business community at large through public advocacy, creation, and facilitation of commercial and industrial activities, provision of business development and observance of the standards of business ethics,” Ruwase said.
He therefore implored the businesses to pay attention to good practices, stating that the primary objective of any business is to make profit, satisfy the customers, impact on the business environment to drive profitability.
Opportunities opened to new members cut across 24 sectorial groups with sports and creative arts recently added to the list.
Soboma Ajumogobia, chairman, membership & welfare committee, LCCI, said, in his address, the chamber would help businesses to develop, increase profitability and create jobs in the Nigerian economy.
He added that as the foremost and largest business interest group in Nigeria, member companies will benefit much from the association if they embrace the tremendous opportunities that their membership status confers upon them while positioning themselves to optimally derive the benefits of membership, acting in consent with the LCCI sphere of influence.
“LCCI shall continue to stimulate key economic indices to achieve economic growth, stable prices, employment generation and balance of payment equilibrium,” he said.
The chamber closed the induction ceremony, presenting certificates and rule book to new corporate members across different businesses.
GBEMI FAMINU
