In recognition of businesses’ resilience and excellence despite the harsh operating business environment in the country, the Lagos Chamber of Commerce and Industry (LCCI) has concluded plans to reward firms at this year’s commerce and industry awards.
To achieve its goal, the LCCI is partnering with CMC Connect-Burson Marsteller, a perception management consulting firm to organise this year’s awards.
According to the chamber, while the government is fixing the power sector, security challenges, foreign exchange issues, infrastructure issues, institutional bottlenecks, corruption, Nigerian entrepreneurs have moved on and excelled.
Preparatory to the event, the President of the chamber, Dr. Nike Akande said the chamber decided to recognise and celebrate deserving corporate organisations that have significant contributions to the advancement of the Nigerian economy.
Themed, Lagos at 50: Celebrating the heartbeat of commerce in sub-Saharan Africa, Akande stated that the yearly event is celebrating excellence, best practices in corporate governance, value-addition, backward integration, innovations, achievements, high standards of business and professional ethics.
As Lagos State clocks 50 this year, the Commerce and Industry Award represents an appropriate platform for celebrating the achievements of outstanding corporate organisations and personalities who have kept the spirit of commerce and industry alive, not only in the state, but internationally.
According to LCCI, the objective of the yearly Commerce and Industry Award is to recognize, promote and celebrate private and public institutions operating in Nigeria for best business practices, growth through innovations, business sustainability and positive impact on the people and society.
Group Managing Director of CMC Connect-Burson Marsteller, Yomi Badejo-Okusanya said the firm is partnering with the LCCI to promote growth and excellence across the various sectors of the economy while inspiring emerging businesses, entrepreneurs and sustainability of indigenous enterprises.
“The desire to do more necessitated the partnership. The nomination process will be unveiled, even as we hope to involve other chambers of commerce in the sub-Saharan African region to participate in the awards ceremony. The unveiling of the iconic symbol of the Lagos Manila which was originally used as an ornament but later adopted as local trade currency in the 16th century and later gained prominence as a foremost means of exchange on the West Coast of Africa”, he added.