Dangote Refinery offers positive trajectory for Nigeria’s exchange rate – Yusuf, LCCI DG

Muda Yusuf is the Director General of Lagos Chamber of Commerce and Industry (LCCI). He holds degrees in economics from the University of Ilorin and the University of Lagos. Passionate about private sector development and a strong private sector advocate, he has played active roles in public private partnerships on all levels of government. In […]

Read More

LCCI condemns freezing of customers’ bank accounts over tax payment dispute

The Lagos Chamber of Commerce and Industry (LCCI) on Thursday decried freezing of customers’ bank accounts based on “disputed tax assessments” by Federal Internal Revenue Service. The Director-General of LCCI, Mr Muda Yusuf, also described the new tax revenue recovery strategy adopted by FIRS as damaging to the economy. “The attention of LCCI has been […]

Read More

NNPC fuel importation, distribution system can’t sustain Nigeria’s economy, says LCCI

As the scarcity of Premium Motor Spirit (petrol) continues to rock many parts of the, the Lagos Chamber of Commerce and Industry has said the Nigerian National Petroleum Corporation cannot continue to be the sole importer of the product into the country. Private oil marketers had since last year stopped fuel importation due to shortage […]

Read More

LCCI watchful of IMF advice on monetary policy reform

Lagos Chamber of Commerce and Industry (LCCI) has cautioned that the tight monetary policy recommended for Nigeria by IMF was inconsistent with economic recovery programme of President Muhammadu Buhari. The Director-General of LCCI, Muda Yusuf, while reacting to the report of the IMF Article IV Consultation on the Nigerian economy said, “We do not share […]

Read More