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Private sector critical to country’s economic growth – LCCI

1 week ago 22

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The Lagos Chamber of Commerce and Industry (LCCI)

The Lagos Chamber of Commerce and Industry (LCCI)

The President, Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has emphasised the importance of the private sector, saying it plays a pivotal role in shaping the growth of the country’s economy.

The president stated this during the induction of 57 organisations in Lagos, urging business owners and corporate leaders to uphold the highest standards of integrity and ethical business practices. 

“As business owners and managers, though your primary obligation is to maximise profit, I charge you to pay adequate attention to the integrity of your business transactions and practices, environment, climate actions and social sustainability. 

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“I, therefore, enjoin you all to be committed to the core principles of high ethical standards, global best practices and responsible corporate citizenships. Indeed, the chamber has a code of business ethics to which all members are to subscribe,” he said.

Mr Idahosa who expressed delight in welcoming the new members, emphasised the chamber’s commitment to fostering private enterprise development, commercial and industrial growth and global competitiveness in Nigeria’s economy.

He said, “The Lagos Chamber of Commerce and Industry has remained dedicated to public policy advocacy, stakeholder engagement and trade promotion activities.”

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