Lagos Chamber of Commerce and Industry explained

Lagos Chamber of Commerce & Industry
Founded Date:	1888 (years ago)
Location:	Lagos, Nigeria
Area Served:	Lagos metropolitan area
Focus:	Business advocacy & federation
Homepage:	lagoschamber.com

The Lagos Chamber of Commerce & Industry is a non-profit organization that promotes the interests of the business community in Lagos, Nigeria. It provides a platform for businesses to express their opinions and concerns regarding legislative or other measures affecting trade, industry, commerce, and agriculture. The organization also represents the views of the Lagos business community on the economy as a whole. Its main goal is to support the growth and success of businesses in Lagos by advocating for their interests and providing resources and support. It boasts over 1,500 members with the current Director General being Chinyere Almona.^[1]

Founded on December 5, 1888, it was incorporated in 1950 as a non-profit making organization, Limited by Guarantee under the Companies Act of 1948. The Lagos Chamber of Commerce is the pioneer chamber of commerce in Nigeria.^[2]

Its prestigious Commerce House building which houses its offices is located in Victoria Island, where most Nigerian corporations have their national headquarters.^[3]

Chamber Awards

The Lagos Chamber of Commerce & Industry introduced the Chamber Awards in 2014 to recognize, promote and celebrate private and public institutions operating in Nigeria for best business practices, growth through innovations, business sustainability and positive impact on the people/Society.

The award recognized companies in the following industries - Banking, Insurance, Pension Management, E-Payment, Education, Telecoms, Professional Services, Healthcare, Oil & Gas, Manufacturing, Trade/Retail Trade, Building & Construction and SMEs.

For the 2015 Awards, Beat 99.9 FM on-air personality, Olisa Adibua and Rhythm 93.7 FM on-air personality & celebrity vlogger, Toke Makinwa were selected as the hosts of the 2015 Lagos Chambers of Commerce & Industry (LCCI) Awards.^[4]

International Trade Fair

The Lagos Chamber of Commerce & Industry is well known for its annual Lagos International Trade Fair which was launched in 1977. It is said to be the largest trade fair in the West African sub-region and attracts investors from other parts of the world.^[5] The trade fair holds in Tafawa Balewa Square, Onikan, Lagos Island.

Ambassadors

In October 2014, Lagos Chamber of Commerce unveiled 2face Idibia, Brymo, Vector and Kunle Afolayan as ambassadors. The entertainers were unveiled during an elaborate ceremony at the Commerce House, which is located on Idowu Taylor Street in Victoria Island, Lagos.^[6]

See also

Abuja Chamber of Commerce & Industry

Notes and References

1. Web site: Jeremiah . Urowayino . 2021-07-02 . LCCI: Almona emerges new DG as Muda Yusuf retires . 2023-01-30 . Vanguard News . en-GB.
2. Web site: About The Chamber. Lagos Chamber Of Commerce & Industry. 9 July 2015. 6 September 2015. https://web.archive.org/web/20150906000204/http://www.lagoschamber.com/profile-of-the-lcci/. dead.
3. Web site: The Lagos Chamber Of Commerce And Industry (LCCI). VConnect. 9 July 2015. 10 July 2015. https://web.archive.org/web/20150710205026/http://www.vconnect.com/the-lagos-chamber-of-commerce-and-industry-lcci-eti_osa-lagos_b239701. dead.
4. Web site: 2015 Lagos Chamber of Commerce & Industry Awards: Olisa Adibua & Toke Makinwa to host prestigious ceremony. Pulse. 15 July 2015.
5. Web site: LCCI announces date for Lagos International Trade Fair . 2023-03-10 . www.premiumtimesng.com.
6. Web site: 2face, Kunle Afolayan, Vector and Brymo unveiled as Lagos Chamber of Commerce ambassadors. NET. 9 July 2015. https://web.archive.org/web/20160601115758/http://thenet.ng/2014/10/2face-kunle-afolayan-vector-and-brymo-unveiled-as-lagos-chamber-of-commerce-ambassadors/. 1 June 2016. dead.