LCCI admits 106 businesses, urges SMEs to show integrity
The Lagos Chamber of Commerce and Industry (LCCI) has admitted 106 new businesses, mainly small and medium enterprises (SMEs), into its fold, urging them to embrace ethical practices in the course of their activities.
Nike Akande, president of the chamber, said the chamber cherishes high ethical standards, integrity and good corporate governance in business practice.
Akande stated that at the last induction in October 2016, LCCI admitted 169 companies as members, which is a tribute to the growing profile of the chamber.
“As businessmen and women, we have obligations which transcend profit-making. We should pay adequate attention to the integrity of our business transactions and practices,” she said at the inauguration of new members of the chamber in Lagos.
“The Lagos Chamber has come a long way in building its profile and credibility through the vision, selfless services and integrity of the illustrious founding fathers and their worthy successors. It therefore behoves us as inheritors of this glorious and enduring legacy to keep the flag flying at all times,” she stated.
Toki Mabogunje, chairperson, Membership and Welfare Committee, said the chamber has been selective and careful in its membership admission process in order to preserve its enviable image and its position as the oldest chamber in sub-Saharan Africa.
She implored the new members to support the chamber through their active participation in all the LCCI’s activities.
“I would like to reiterate the need for high quality representation of member-companies at meetings and other activities of the chamber,” she stated.
She enumerated some of the benefits of membership of the chamber to include advocacy, local and international networking, local and global business opportunities, brand visibility, human capacity development, as well as and business and economic information.
“The number of companies inducted today is 106, while at the same time last year, it was 75. This shows an increase in recruitment over the last year’s result. Overall, last year 276 companies joined the chamber. Despite recession, membership of the chamber is on the increase because we are a value-adding organisation,” she stated.
The newly induced firms expressed their excitement at joining the chamber, saying that the expect to get more value at this period of recession.
Some of the newly inducted enterprises were Making Homes Limited, Simplex Business Solutions, Felix Transnational Limited, School of Eloquence Enterprises and Metropolitan Technological Concept, among others.
ODINAKA ANUDU