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LCCI OVERSEAS MEMBERSHIP INFORMATION .

LCCI OVERSEAS MEMBERSHIP INFORMATION. 2019. Macroeconomic Snapshot – Nigeria. IMF World Economic Outlook April 2019 Edition. … Opportunities from GDP Numbers.

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LCCI OVERSEAS MEMBERSHIP INFORMATION .

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  1. LCCI OVERSEAS MEMBERSHIPINFORMATION. 2019

  2. Macroeconomic Snapshot – Nigeria IMF World Economic Outlook April 2019 Edition

  3. …Opportunities from GDP Numbers • In terms of Sector contribution to GDP. Agric, Manufacturing, Real Estate, Trade, ICT and Oil sector contribute about 80 percent to GDP. This also represents sectors potential investors

  4. Opportunities from Population Size • The size of Nigeria’s Population is her major strength as this represent large market size and opportunities for investors. The Nigeria’s Population largely dominated by youth as shown in the chart above. • The country is expected to be the third most populous country in the world by 2050, this represent opportunities to potential investors as there would be need for aggregate supply to match up with the skyrocket increase in demand in Nigeria. 182.2m Source: United Nations Department of Economic and Social Affairs

  5. Introducing LCCI • The Premier Chamber of Commerce in Nigeria & West Africa • Second in Africa ( After Cape Town) • Founded 1888

  6. Our Track Record /Timelines

  7. Our Ranking Key Activities Advocacy No1 Number one voice of the private sector for improved business environment Trade Promotion No1 Best and biggest in trade promotion, Expo & Fairs and frequent trade missions Membership Large Undisputed Largest Business BMO in Nigeria Entrepreneurship Development Top Most referenced business education and entrepreneurship Scheme Research & Buz. Consult Power House Power House for research, market intelligence and business consult in Lagos

  8. Some Benefits of the Overseas Membership • Free Access to Federal Government Tenders • Free Access to Business Information Services available to members • Guidance into the Local Market • Hand Holding Services • Business Development Support Services. • Plans for virtual office facilities (in-view)

  9. Some Benefits of the Overseas Membership • DISCOUNTS: Enjoy discounts for various products and services • NETWORK: Access to the biggest business Networking platform in Nigeria • VISIBILITY : Brand visibility • VOICE: The Chamber advocates on your behalf. Tell us about your business challenges. • CREDIBILITY : Chamber Membership Is Respected In The Business Community.

  10. Overseas Membership • Nigeria is the largest economy in Africa • Nigeria also has a population of over 200 million people • Providing massive opportunity for investment and ROI • AGAINST THE ABOVE BACKGROUND. • LCCI designed the overseas membership to provide Nigerians in Diaspora & interested foreigners opportunity to contribute to the economic development in Nigeria & also reap attendant benefit in good returns on investments (ROI)

  11. Requirements • Registered business overseas / operating a business overseas. • Nigerian or foreign owned businesses. • Membership is corporate.

  12. Membership Categories & Fees • Two main categories of Membership. • SME Category = 1-49 staff or • Multinational /Large Corporates = 50 staff and above • Total fees is one off payment , only subscription is annual payment.

  13. Benefits • Policy Advocacy • Trade Documentation • issuance of Certificate of Origin • Endorsement of Business Document. • Letters of introduction to Government & Ministries, Departments & agencies of Government. • Arbitration, Mediation and Conciliation • Overseas members will enjoy the services of the Lagos Chamber Arbitration Centre for conflict and dispute resolution. • Legal Support and Advisory Services • Hand holding Services to help them meet Government requirements.

  14. Benefits of Overseas Membership • Networking Opportunities • Increase Network and Contact within Nigeria. • Member referral service • Discount for participation at the Lagos International Trade Fair • Discount on participation fees in the annual Lagos International Trade Fair, organised by the chamber. This discount ranges between 2.5% and 10%, depending on the membership category. • Intervention on behalf of members with relevant Government agencies at various levels from Local, State & Federal Government. • Use of Chamber facilities at reduced or no cost e.g. Chamber board room, training halls, projectors etc. • Access to Federal Government tender information for contract through the Chamber. • Access to Chamber ‘s Business Information Services.

  15. Established in 1888, the Lagos Chamber of Commerce and Industry (LCCI) is the foremost and largest private sector group in Nigeria with over 2,500 corporate members, accounting for an estimated 60% of industrial output, 65% of general commerce and 75% of financial services in the country. For more Feedback, contact LCCI: Commerce House 1 Idowu Taylor Street, Victoria Island, Lagos - Nigeria Email: lcci@lagoschamber.com membership@lagoschamber.com Williams.odah@lagoschamber.com Tel: 234-1-2771556, +234-1-2705145 , +234 803 5640 520 www.lagoschamber.com THANK YOU Dr. Vincent Nwani THANK YOU

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