The Lagos Chamber of Commerce and Industry (LCCI) has set new strategy priorities for the 2026–2027 business cycle following the conclusion of its internal review sessions held earlier today. The panel, which included senior members of the chamber, outlined a framework aimed at strengthening market competitiveness, supporting private sector recovery, and ensuring that member-organisations receive improved guidance as they navigate shifting economic conditions.
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During the presentation, the leadership noted that the chamber will concentrate on policy dialogue, institutional reforms, and sector-wide engagement to address challenges affecting trade and investment flows. The chamber stated that the effort is meant to give businesses clearer direction at a time when pressure on operating costs, regulatory uncertainties, and changing consumer patterns continue to influence decision-making.
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Private sector concerns
The panel highlighted the feedback it received from operators across manufacturing, finance, logistics, retail, and agriculture. Many of the concerns centred on currency pressure, import bottlenecks, taxation, and reduced spending power. The chamber’s new strategy aims to engage policy makers more frequently to ensure that these issues are placed at the centre of national economic discussions.
The chamber also indicated that it will increase the number of technical working groups that support micro, small, and medium enterprises. The plan includes strengthening advisory desks, improving access to information, and expanding collaboration with public institutions responsible for business regulation.
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Outlook
The LCCI noted that the next phase of implementation will begin in January, with timelines assigned to all committees. It stated that members will receive regular updates on progress, and the chamber expects greater participation from the business community as it prepares for annual performance reviews.
