The Federal Government has announced that it is decentralising the Nigeria Mining Cadastre Office for ease of operations, adding that this will cut down the time for processing licences from 45 to 15 days. The Minister of State for Mines and Steel Development, Bwari Abubakar, disclosed this in Lagos on Tuesday, during the Nigeria Mining Business Investment Summit, jointly organised ...
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LCCI lauds Buhari for declining assent to NHF bill
The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for declining assent to National Housing Fund (NHF) Bill. The chamber said the bill would have caused more problems for citizens. Mr. Muda Yusuf, the Director-General of LCCI, gave the commendation on Friday in Lagos. President Buhari had on April 2, declined assent to the National Housing ...
Read More »LCCI: Infrastructure deficit crumbles Nigerian business’ competitiveness
The Lagos Chamber of Commerce and Industry (LCCI) has raised the alarm that high excise duties on locally-produced goods and challenges of exporting made-in-Nigeria products, as well as the inaccessibility of the Lagos ports on account of the bad roads, have created an excruciating business environment, which has seriously hamstrung business activities in the country and eroded the country’s capacity ...
Read More »Citizens react to FIRS’s property valuation for company tax
More reactions have continued to trail the decision by the Federal Inland Revenue Service (FIRS) to commence the use of the value of the property housing the offices of companies to generate figures that will be charged as Company Income Tax (CIT). Sometime in 2016, in its drive to increase tax revenue generation, the FIRS started applying the value of ...
Read More »LCCI urges FG to hand over abandoned property to LASG
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to transfer its abandoned property in Lagos to the state government or lease them to the private sector. The President of LCCI, Mr. Babatunde Ruwase, made the plea in an interview in Lagos on Monday. Ruwase noted that several properties belonging to the Federal Government in the ...
Read More »LCCI advice firms to make use of opportunities as they induct 105 companies
Babatunde Ruwase, president of the Lagos Chamber of Commerce and Industry (LCCI), has advised firms to look beyond the limitations created by the present economic situation and see opportunities for growth and inventions. Ruwase stated this during the induction of 105 new companies in Lagos last Wednesday, with a promise to provide the needed platforms for them to grow. The ...
Read More »LCCI rewards real estate experts with an award for excellence
The Lagos Chamber of Commerce and Industry (LCCI), has concluded plans to honour excellence in business at this year’s commerce and industry awards scheduled for Tuesday, 1st of May, 2018 in Lagos. This year’s edition, which is the fifth in the series, according to the LCCI, will be an improved edition and hopes to attract major players in the various ...
Read More »LCCI to hold dialogue session on the new land use charge
The Lagos Chamber of Commerce and Industry (LCCI) is set to hold a dialogue on the new Land Use Charge Law in Lagos. It is aimed at examining the provisions of the recently passed law viz-a viz its implications for residents and businesses operating in Lagos and its environs, the organisers said. The dialogue, according to LCCI, would hold tomorrow ...
Read More »Each mortgage loan will create a minimum of 70 jobs for Nigerians – MBAN
The president of Mortgage Bankers Association of Nigeria (MBAN), Mr Adeniyi Akinlusi has disclosed that each mortgage collected to build a house would create 35 direct and 35 indirect jobs. Akinlusi who stated this in an interview with LEADERSHIP Newspaper in Abuja described the mortgage system as a major hub for job creation. Giving a breakdown on how the jobs ...
Read More »Real estate firm to help FG bridge 18 million housing deficit by 2030
A real estate marketing firm, Revolution Plus Property Development Company Limited, has revealed its intention to partner the Federal Government in its quest to bridge the 18 million housing deficit by year 2030. To achieve the goal, the firm has decided to offer 20 per cent discount on all its housing estates across the country during the just concluded a ...
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