Home Business LCCI, others explore job creation to cushion economic hardship
Business

LCCI, others explore job creation to cushion economic hardship

Share
LCCI, others explore job creation to cushion economic hardship | Daily Report Nigeria
Share

The Lagos Chamber of Commerce and Industry in collaboration with the Nigeria Philanthropy Office has opted for job creation as a tool to address the economic hardship in the country.

 

This was disclosed during a webinar on Tuesday themed ‘Stimulating Corporate Philanthropy and Impact Investing for Job Creation in Nigeria,’ which was hosted by the Nigeria Philanthropy Office, in collaboration with the Impact Investors Foundation and the Lagos Chamber of Commerce and Industry.

 

The LCCI Director General, Chinyere Almona, said the LCCI was willing to partner with NPO to see more member organisations invest in people and their communities.

 

Almona said, “The LCCI has four pillars of reference to impact investing.

 

“There is the macro-level pillar, where the chamber organises workshops and seminars, examines case studies and tells success stories and the legal pillar which encourages a legal framework for organisations and legislation of other guidelines.”

 

She noted that at the intermediary pillar, the LCCI would work with companies as philanthropy consultants and impact investing advisors.

READ ALSO: Naira Redesign: Consider Converting Lower Currencies into Coins– LCCI to CBN

She added, “For the firm-level pillar, LCCI will offer training programmes for employees and improve corporate culture and values in member organisations.”

 

Speaking on bridging the developmental gap in the country, the keynote speaker, who is also the Chairman of Odua Investment Company, Bimbo Ashiru, illustrated how Odua Investment Foundation was bridging the gap by creating a positive change through youth empowerment, healthcare and digital education for young children to equip them with the skills they need for the future.

 

He, thereafter, urged organisations to go beyond philanthropy and engage their communities to address critical social challenges.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
World Bank Blacklists 18 Nigerian Firms, Individuals for Corrupt Practices | Daily Report Nigeria
Business

World Bank Clarifies $10.50m Funding to CBN as Grant, Not Loan

The World Bank has clarified that the $10.50 million funding for the...

Nigeria Spends N11.8bn on Apple Imports as Fruit Prices Soar | Daily Report Nigeria
Business

Nigeria Spends N11.8bn on Apple Imports as Fruit Prices Soar

Nigeria imported N11.8 billion worth of apples in the last quarter of...

CBN Speaks on Plans to Revoke Licenses of Fidelity, Wema, Polaris, Unity Banks
Business

CBN Injects $197.71 Million into FX Market to Boost Liquidity

CBN has injected $197.71 million into the foreign exchange market to ensure...

Nigeria’s Public Debt Soars to N144.67 Trillion in 2024 | Daily Report Nigeria
Business

Nigeria’s Public Debt Soars to N144.67 Trillion in 2024

Nigeria’s total public debt hits N144.67 trillion ($94.23 billion) as of December...