Adewale Sanyaolu
The Lagos Chamber of Commerce and Industry (LCCI) has warned against the passage of the Nigeria Postal Commission Bill in its current form, saying such was capable of jeopardising about N300 billion investments in the courier services business.
Director General of LCCI, Mr. Muda Yusuf, while cautioning against the anti-investor friendly bill, said it negates the Ease of Doing Business agenda of the Federal Government and not in consonance with the fundamental principles of the Economic Recovery and Growth Plan (ERGP), which seeks to promote and incentivise private sector investment.
LCCI equally raised the alarm that the passage of the bill in its current form will put over 100,000 jobs in the courier sector at risk, adding that this would further worsen the country’s risk rating as the country is already grappling with enormous perception problems by investors.
LCCI maintained that the bill, which is currently before the…
Read More…..The Sun News
