The Lagos Chamber of Commerce and Industry is the Premier Chamber of Commerce in Nigeria. It was incorporated in 1950 as a non-profit making organization, Limited by Guarantee under the Companies Act of 1948. The primary objective of the Chamber is to promote, support o[...] Date Posted: 08 Aug 2019
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About Lagos Chambers
To Promote and protect the interests of its members and the business community at large through public policy advocacy, creation and facilitation of commercial and industrial opportunity, provision of business development and services and observance of highest standard of business ethics
To remain the foremost Chamber of Commerce and Industry and role model for others in the promotion of sound business ethics and delivery of qualitative services.
Founded in 1888, the Lagos Chamber of Commerce and Industry is the Premier Chamber of Commerce in Nigeria. It was incorporated in 1950 as a non-profit making organization, Limited by Guarantee under the Companies Act of 1948.
The primary objective of the Chamber is to promote, support or oppose legislative or other measures affecting trade, industry, commerce and agriculture as well as representing the opinion of the business community on the above matters in particular, and the economy as a whole.
THE CHAMBER TODAY
The Chamber has grown impressively from a membership of 14 in 1888 to over 1,500 today. Since its incorporation the Chamber has continued to play a significant role in the economic growth of Lagos in particular and Nigeria in general.
The activities of the Chamber are carried out through various Sectoral Groups and Service Committees which cover a variety of interests. The Chamber’s Secretariat provides the administrative and technical support for the day-to-day working of the Chamber
The Council of the Chamber is the highest policy making body and usually meets bi-monthly on the first Wednesday of the month to deliberate on issues of importance to the Chamber, the business sector and the economy at large. Members, who are not members of the Council, could attend the council meeting as observers.
Relations with government and other relevant bodies
The chamber, as the representative organ of the business community, is the voice of the 0rganised private sector in Lagos. It maintains regular consultations with the government on policies and measures affecting business and the economy.
At the national level, the Chamber is a leading and active member of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
When necessary, it makes representations to the Federal Government on issues of interest to the business community and the economy.
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