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Twitter: LCCI calls for enabling regulatory environment

20th January 2022
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Economic output, performance still tottering  –LCCI
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By Merit Ibe

The Lagos Chamber of Commerce and Industry ( LCCI),   has urged  the Federal Government to create an enabling regulatory environment that supports global technology companies in achieving  potentials and  sustainable profits.

According to the chamber, when this happens, Nigeria’s Gross Domestic Product (GDP) and revenue mobilization will receive a boost through tax revenues from these companies. Its Director General, Chinyere Almona, who made the assertion  following the  lifing of Twitter suspension in Nigeria, noted that currently, the ICT sector is one of the growth drivers in the economy and “we see additional activities of the digital platforms as adding more potentials to this sector. “

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Commending the efforts of the ministers, agencies and committees that have pulled the negotiations and gotten approval for the lifting of the suspension, she  requested that all relevant institutions work towards enhancing the digital infrastructure to adequately and sustainably support innovation in all sectors of the economy especially healthcare delivery, agric-technology, learning, e-governance and fintech.

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