The Lagos Chamber of Commerce and Industry has expressed concern over the passage of the Sugar-Sweetened Beverage Tax Bill by the Senate.
He urged the House to continue enacting policies that would ease business operations.
According to her, the recurrent spread of fires in major markets exposes critical infrastructure gaps.
LCCI projects an increase in non-oil tax revenues by N3.2 trillion over the next two years, pushing the tax-to-GDP ratio toward 12 per cent by 2027.
According to the National Bureau of Statistics, Nigeria’s headline inflation rate eased to 22.97 per cent in May, down from 23.71 per cent in April.
The LCCI director-general, Chinyere Almona, said this on Thursday in Lagos in reaction to the contents of the 2025 budget proposal.
LCCI said this in a statement on Tuesday by its director-general, Chinyere Almona, in reaction to the November inflation rate figure of 34.60 per cent.
The Lagos Chamber of Commerce and Industry has commended Dangote Refinery for reducing the petrol pump price to N970 per litre from N990.
“Another concern is the exposure to the external currency shocks that may result from the depreciation of the naira,” the LCCI chief said.
LCCI’s director-general, Chinyere Almona, made the appeal in a statement on Wednesday.
