Lagos Chamber Awards Excellence

The Lagos Chamber of Commerce and Industry (LCCI) recently organized the 2016 Commerce and Industry Awards to celebrate private and public institutions operating in Nigeria for their best business practices and growth through innovations and business sustainability.

Speaking at the event, Mrs. Akande, the LCCI President said: “We are celebrating enterprises that have excelled in the economy amidst multitude of challenges in the investment environment. We are excited that many of them are also indigenous enterprises.”

Some of the companies that came tops are: Nestle Nigeria Plc and Unilever for High Standards in Food manufacturing, Olam for most impactful investment in agriculture, May & Baker for high quality & safety in pharmaceutical manufacturing and Alpha Morgan Capital Managers Limited for emerging investment banking firm.

Others are NEXIM Bank for Trade Finance Bank of the year, Techno Oil for the most impactful company in clean cooking, Coleman Technical Industries Limited for impactful investment in wire and cables, Sujimoto Construction Limited for most innovative luxury real estate firm, Skool Media for innovation & creativity in education among others.

Mrs Akande said the LCCI awards would, amongst other things, continue to promote healthy competition among corporate organisations as well as public sector institutions. She said the Chamber believes that there is tremendous value in competition.

She commended the Federal Government on the ongoing efforts at fixing some critical sectors of the economy such as power, security, forex issues, infrastructure, institutional bottlenecks and corruption.

Responding, the awardees commended the Chamber for recognising their impact in the growth of the economy and encouraged the government to put in place robust measures to encourage businesses in the nation. They canvassed the withdrawal of hurtful policies that discourage investment and encourage capital flight.

In his closing remarks, LCCI Deputy President, Mr. Babatunde Ruwase, thanked  the firms that participated for their contribution to the development of the economy and promised that LCCI,as a critical partner in the economy, would continue to contribute its quota to the growth of the economy.