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JUST IN – Fidelity Bank collaborate with LCCI to boost business profitability

With the Lagos Chamber of Commerce and Industry (LCCI), Fidelity Bank Plc has demonstrated its commitment to assisting businesses in operating profitably.

In order to address issues hindering the nation’s businesses’ expansion, the two organizations organized a conference.

The Divisional Head of Product Development at Fidelity Bank Plc and Chairman of the Financial Services Group of the LCCI, Mr. Osita Ede, represented the Managing Director of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, in welcoming the guests to the event. Mr. Ede argued for the importance of successful collaborations between the public and private sectors in promoting economic growth.

Additionally, she declared, “Fidelity Bank is dedicated to empowering businesses, fostering economic growth, and acting as a catalyst for positive change.” We think that by banding together, despite the present economic conditions, we can unleash the full potential of our country’s businesses and build a prosperous and sustainable future.

“As business owners, we are faced with high operating costs and weak consumer demand due to high inflation and declining purchasing power,” said Dr. Michael Olawale-Cole, President of the LCCI, in a similar manner.

Olawale-Cole advised the government that in order to fund infrastructure improvements in the nation, it would need to look for alternate sources of funding due to its high debt load.

Prior to this, the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, spoke at the event titled “Promoting Trade and Industry in Nigeria: Government Initiatives and Opportunities for Business Growth.” She was represented by Mrs. Lucia Shittu, Managing Director of Tafawa Balewa Square Managing Board. “As a government, our responsibility is to provide the environment for ease of doing business that allows corporations to thrive similarly in other countries where they have representation.”

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In order to accomplish this, the Presidential Enabling Business Environment Council (PEBEC) was especially established, with the main goal being the removal of significant bureaucratic roadblocks and obstacles to conducting business in Nigeria.

Prior to this, the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, spoke at the event titled “Promoting Trade and Industry in Nigeria: Government Initiatives and Opportunities for Business Growth.” She was represented by Mrs. Lucia Shittu, Managing Director of Tafawa Balewa Square Managing Board. “As a government, our responsibility is to provide the environment for ease of doing business that allows corporations to thrive similarly in other countries where they have representation.”

In order to accomplish this, the Presidential Enabling Business Environment Council (PEBEC) was especially established, with the main goal being the removal of significant bureaucratic roadblocks and obstacles to conducting business in Nigeria.

 

 

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