LCCI’s director-general, Chinyere Almona, made the appeal in a statement on Wednesday.
She said that to extend the recorded ease in prices, Nigeria must attend to the root causes of food insecurity.
“As a people, we would get things right but we must ensure we do things the right way,” she said.
LCCI) has urged a balanced approach to expatriate employment, which has a potential impact on inflows of foreign direct investments.
At its first meeting of the year, the Monetary Policy Committee of the CBN voted to raise the MPR by 400 basic points from 18.75 per cent.
CBN should prioritise the stability of the country’s currency and adopt the right policy mix to ensure price stability, said LCCI’s outgoing president.
The Lagos Chamber of Commerce and Industry has elected Gabriel Idahosa as LCCI president and chair.
LCCI described the news of the attack on the Dangote Cement plant as shocking, disappointing, ill-constructed, and avoidable.
Monthly payment of about N250 billion to subsidise fuel consumption meant an additional N1.5 trillion expenditure in the 2022 budget.
Buhari regime had banned Twitter operations in Nigeria on June 5, 2021, and eventually lifted the prolonged suspension on Wednesday.
