LCCI tasks FG on reforms to unlock manufacturing growth

The Lagos Chamber of Commerce and Industry (LCCI) has called for urgent reforms to address persistent constraints in Nigeria’s manufacturing sector. LCCI President Engr. Leye Kupoluyi emphasized the need for improved fiscal management and efficient capital budget implementation. Despite significant growth in tax revenues from the sector, manufacturers continue to struggle with high production costs driven by unreliable electricity supply and logistics inefficiencies.