Thursday, July 16, 2026

LCCI urges Tinubu’s govt to make policies that support business decisions

The LCCI president urged the government to effectively communicate its plans to Nigerians and businesses for them to be sure of possible near-term achievements.

• November 7, 2024
LCCI
LCCI

The Lagos Chamber of Commerce and Industry (LCCI) president, Gabriel Idahosa, has called on the federal government to make policies that will support businesses in making policy decisions that promote economic growth.

Mr Idahosa made the call on Wednesday during the “Special Day” with the Dangote Group at the ongoing Lagos International Trade Fair in Lagos, with the theme, “Connecting Businesses, Creating Value.”

He noted that Nigeria needed a positive national orientation to navigate the stormy waters of policy directions.

The LCCI president urged the government to effectively communicate its plans to Nigerians and businesses for them to be sure of possible near-term achievements.

Mr Idahosa said the direction would help in building certainty to support business planning and decisions.

He noted that the Dangote Refinery, one of Africa’s “most ambitious” private sector investments and the Dangote Fertiliser Plant, the largest in the continent, were redefining Nigeria’s industrial landscape.

“Operating in Nigeria, the Dangote Group faces several challenges, including fluctuating foreign exchange rates, limited access to energy, inflationary pressures, and an evolving regulatory landscape,” Mr Idahosa said.

He said the ability to adapt and thrive in such a complex environment was a testament to Dangote Group’s operational resilience and strategic foresight.

Mr Idahosa explained that the group’s investment in self-sustaining energy sources, particularly in the fertiliser plant, was a proactive step toward reducing dependency on an unreliable national power grid.

Also, the group executive director of commercial operations at Dangote Group, Fatima Aliko-Dangote, said the firm focused on manufacturing to diversify Nigeria’s economic growth.

Ms Aliko-Dangote, represented by the director of depot and logistics, Dangote Cement, Dolapo Alli, said the theme, ‘Connecting Businesses, Creating Value,’ resonated with Dangote Group’s vision.

She said businesses needed connections at various levels, including business-to-business, distributorship, and ultimately with the final consumers.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Economy

Jack-Rich, Trump seek closer U.S.-Nigeria ties

Mr Trump endorsed Mr Jack-Rich’s call for closer engagement, saying Africa possesses extraordinary economic potential that should not be overlooked by the U.S.

Economy

Abia, Enugu collaborate to train 150,000 tech talent

Abia and Enugu have called for stronger regional collaboration to train 150,000 tech talents and incubate 3,000 startups across Nigeria.

States

Museum unveils memorial sculpture to immortalise Onyeama N’Eke

The National Museum of Unity, Enugu, on Wednesday unveiled a memorial sculpture and a permanent exhibition gallery in honour of Onyeama N’Eke.

Wife of Kwara State governor, Olufolake AbdulRazaq

Health

Kwara assembly backs malaria elimination

The Kwara House of Assembly has reaffirmed support for efforts to eradicate malaria and expand healthcare infrastructure across the state.

Aminu Tambuwal

NationWide

Tambuwal seeks review of housing agencies, better funding for FMBN

Mr Tambuwal called for stronger funding for the Federal Mortgage Bank of Nigeria (FMBN) and a review of government housing policies.

Released Oyo hostages

States

Oyo Terrorists: Senate honours slain soldiers, teachers with N50 million donation

Senate president Godwill Akpabio, who gave the approval during the plenary on Wednesday, stated that each of the five bereaved families would receive N10 million.