Ad image

LCCI urges businesses to improve competitiveness in global market

Juliet Onyema
3 Min Read

…inducts 43 firms

The Lagos Chamber of Commerce and Industry (LCCI) has urged operators of small and medium size businesses to improve their competitiveness in the global market to compete favourably.

Gabriel Idahosa, president of LCCI, stated this during the induction ceremony of 43 firms into the organisation.

Idahosa charged these firms to commit to the core business principles of high ethical standards, global best practices, and responsible corporate citizenship.

Read also: LCCI seeks transparent disbursement of $500m World Bank loan

He said the chamber’s mission is to promote and protect the interests 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 services, and observance of the highest standard of business ethics.

The LCCI president said that the chamber has remained the leading voice of the private sector through its sustained public policy advocacy, stakeholder engagement, and trade promotion activities.

He said that the efforts and sacrifices of LCCI’s visioners, founding fathers, and successive leadership gave them an institution we are all proud to be associated with.

“They laboured passionately and unconditionally to preserve the cherished legacy of impeccable, impartial, and faithful service to all.

“Their commitment to the actualisation of the mission and strategic goal is the backbone of the Lagos Chamber’s progress and growing popularity in Nigeria and across the world,” Idahosa said.

He urged new members to pay adequate attention to the integrity of their business transactions and practices, environment, climate actions, and social sustainability.

He noted that the chamber has a code of business ethics to which all members are to subscribe and with their active participation in the activities of the chamber, their businesses will derive tremendous benefit.

“As we formally induct your companies into the LCCI family today, I wish to emphasise the commitment of the chamber to the cherished tradition of high ethical standards, innovation, continuous improvement, integrity, and good corporate governance in business practice.

Read also: How Nigeria can maximize $500m World Bank loan- LCCI

“The chamber has been reinforced to continue to consistently provide services that meet the needs and expectations of our valued customers and esteemed stakeholders to catalyse private enterprises and organisations to achieve full potential in terms of sustainable growth and global competitiveness.

Chinyere Almona, director general of the LCCI, assured the new firms that they are now part of a network that thrives on collaboration, knowledge sharing, and strategic engagement.

Almona encouraged them to actively participate in the chambers’ programs, sectoral activities, and advocacy efforts.

Share This Article