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THE
CHAMBER
TODAY
The
Chamber
has
grown
impressively
from a
membership
of 14 in
1888 to
about
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
through
the
promotion
and
development
of
commercial
and
industrial
opportunities
as its
members
control
about
80% of
the
industrial
wealth
in the
Lagos
area,
which
itself
accounts
for over
60% of
economic
activities
in
Nigeria.
The
Lagos
Chamber
is
governed
by a
Council
of 60
members.
The
Council,
which is
the
supreme
policy
making
organ of
the
Chamber,
is
headed
by a
President
who is
assisted
by two
Deputy
Presidents,
six Vice
Presidents,
a
Treasurer
and a
Deputy
Treasurer.
The
Current
President
is
Asiwaju
S.K.
Onafowokan
Members
join one
or more
of the 9
Sectoral
Groups
through
which
the bulk
of the
Chamber
activities
are
performed.
Moreover,
For the
purpose
of
policy
formulation
and
decision
making,
the
Chamber
also has
a number
of
service
committees
and
Boards.
Highest
of the
service
committees
is the
Executive
Committee
which is
next to
Council
in the
Chamber’s
structure
and is
composed
of all
officers
of the
Chamber.
Next is
the
Finance
and
General
Purposes
Committee
which
oversees
all
matters
connected
with
finance
and
personnel
in the
Chamber.
Other
service
committees
and
Boards
are as
follows:
-
Membership
&
Welfare
Committee
-
Trade
Mission
Committee
-
Trade
Promotion
Board
-
Business
Education
Services
and
Training
(BEST)
Board
-
Tenders
Board
-
Economic
&
Statistics
Committee
-
Science,
Technology
and
Energy
Committee
-
Building,
Construction
&
Maintenance
Committee
-
Ethics
&
Best
Practices
Committee
-
Committee
of
Women
Leaders
-
Commercial
Law&
Taxation
Committee
-
Public
Affairs
Committee
-
Arbitration
Management
Committee
-
Tourism,
Hospitality
&
Entertainment
Committee
Sectoral
Group,
Service
Committee
and
Board
Chairmen
are
members
of the
Council.
The
Secretariat,
which is
the
administrative
and
executive
arm of
the
Chamber,
contributes
to
policy
formulation
and is
responsible
for the
implementation
of
approved
policies
and
programmes.
It is
headed
by a
Director-General.
The
current
Director-General
is Sir
Remi
Omotoso
FNIM;
KJW
RELATIONS
WITH
GOVERNMENT
AND
OTHER
RELEVANT
BODIES
The
Chamber,
as the
representative
organ of
the
business
community,
is the
voice of
the
organized
private
sector
in
Lagos.
It
maintains
regular
consultations
with the
government
on
policies
and
measures
affecting
business
and
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
representation
to the
Federal
Government
on
issues
of
interest
to the
business
community
and the
economy. |
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It has
long
established
links
with
International
Organisations
such as
the
Federation
of West
African
Chambers
of
Commerce,
International
Chambers
of
Commerce
as well
as
direct
contacts
with
other
foreign
Chambers
of
Commerce
throughout
the
trading
world
and it
can thus
give
world-wide
service
to its
members,
individually
and
collectively.
WHAT THE
CHAMBER
OFFERS
-
As
stated
earlier,
the
Lagos
Chamber
of
Commerce
and
Industry
was
established
for
the
promotion
and
protection
of
Trade
and
Industry
and
to
represent
and
express
the
opinion
of
the
business
community
on
matters
affecting
trade
and
industry
in
the
city
of
Lagos,
the
Lagos
Port
Complex,
Lagos
State
and
where
applicable,
the
whole
Federation.
It
is a
non-profit
making
organisation
and
its
income
and
property
are
applied
solely
for
the
promotion
of
its
objectives.
-
It
is
the
central
organisation
for
collecting
distributing
and
disseminating
information
of a
business
nature,
especially
regulations,
tariffs,
opportunities
for
trade
and
other
matters
affecting
Home
and
Overseas
markets.
-
In
the
pursuit
of
its
objectives,
the
Chamber
is
committed
to
no
political
creed.
-
The
Council
of
the
Chamber
is
the
highest
policy
making
body
and
usually
meets
bi-monthly
on
the
first
Wednesday
to
deliberate
on
issues
of
importance
to
the
Chamber,
the
business
sector
and
the
economy.
Members,
who
are
not
individual
members
of
the
Council,
are
welcome
to
attend
as
observers.
-
Standing
Committees
and
Sectoral
Groups
were
setup
to
cater
for
a
variety
of
interests.
-
Letters
of
introduction
are
issued
to
members
or
their
representatives
traveling
abroad.
The
Chamber
also
facilitates
networking
with
institutions
abroad
and
confirms
references
of
local
members.
-
Numerous
directories,
trade
journals
and
periodicals
from
virtually
every
country
in
the
world
are
available
to
members
who
may
have
access
to
such
publications
in
the
Chamber’s
Library
and
Business
Information
Centre.
-
Certificate
of
Origin
are
endorsed
at a
modest
cost
to
members.
-
Members
receive
the
Chamber’s
journals,
Economy
and
Business
and
the
“Nigeria
Business
Directory”
Annually,
members
receive
free
the
Chamber’s
report
for
the
year
and
up-to-date
list
of
members.
-
The
Chamber’s
publications
are
among
the
leading
works
of
reference
used
by
overseas
business
in
connection
with
trade
and
investment
opportunities
in
Nigeria.
-
The
Chamber
is
recognized
as
the
official
body
through
which
local
opinion
on
commercial
and
industrial
matters
can
be
presented
directly
to
Government
or
other
authorities
both
national
and
local.
It
is
frequently
consulted
by
government
in
advance
of
the
preparation
of
new
legislation
affecting
the
business
community.
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