Ports inefficiency undermining diversification drive, says LCCI
Lagos Chamber of Commerce and Industry (LCCI), says the adverse operating environment of the nation’s ports will continue to hinder Federal Government’s effort, to reduce its dependence on oil revenues for economic development.
LCCI hopeful of new linkages as over 500,000 visitors, exhibitors attend fair
As the Lagos Chamber of Commerce and Industry (LCCI) finalises plans for this year’s edition of the Lagos International Trade Fair (LITF), the organisers of the fair have stated that over 500,00 visitors and 2000 exhibitors are expected at the fair this year. Besides, the chamber noted that the various reforms it embarked upon would…
OPS seeks deployment of trade facilities to cover infrastructure gaps
Members of the Organised Private Sector (OPS) have urged government to take advantage of available funding channels to address infrastructural gaps in the country. Indeed, China Development Bank (CDB), in Changsha, China, had signed an agreement providing a $500-million facility to the African Export-Import Bank (Afreximbank) to enable the trade finance bank support trade enabling…
‘Why non-oil export sector may remain at level of potential’
The expectations of an end to the rhetorics of “potential” in the non-oil sector may remain unrealised, with assessed myriads of challenges and declining fortunes presently assailing the sector. According to the non-oil exporters, challenges revolving around products, pricing, paperwork, payment, promotion and policies need to be addressed for the non-oil export sector to contribute…
Operators seek fiscal policies to aid real sector performance
Though the Manufacturing Purchasing Managers’ Index (PMI) for August stood at 57.1 index points, indicating further expansion in the manufacturing sector for the 17th consecutive month, stakeholders in the private sector have urged for fiscal policy measures that check unintended...
Stakeholders seek CSR blueprint for public, private sectors to engender growth
To ensure growth and refocus public and private sectors involvement in corporate social responsibility (CSR), for best practices, participants at a workshop in Lagos, have stressed the need for a blueprint to guide stakeholders in the delivery of social welfare to the people.
Non-oil exporters advocate value-addition, revamped processes to check losses
To reduce losses suffered from long haulage and shipping cycles as a result of prolonged rehabilitation of access routes leading to the ports, non-oil exporters are urging members to embrace value-addition, and re-jig their export processes as well as value-chain operations.
LCCI hopeful of improved linkages, FDI inflow at 2018 trade fair
With the various reforms it embarked upon, the Lagos Chamber of Commerce and Industry (LCCI) has stated that this year’s edition of the Lagos International Trade Fair...
Wrapping leaves: Stakeholders raise concerns over scarcity, conservation
There is growing concern in the agric sector over the gradual disappearance of wrapping leaves, a development that has been linked to its under-cultivation.