LCCI Elects Leye Kupoluyi as President and Chairman of Council

The Lagos Chamber of Commerce and Industry (LCCI) has elected Leye Kupoluyi as its new President and Chairman of Council, marking a key leadership transition in one of Nigeria’s foremost business advocacy organizations. Kupoluyi, who has long been involved in private-sector initiatives and economic policy advocacy, is expected to steer the chamber’s efforts in promoting business growth, facilitating trade, and shaping economic policies that enhance Nigeria’s investment climate.

The election, conducted during the chamber’s annual general meeting, follows a competitive process involving stakeholders from diverse sectors of the economy, including manufacturing, finance, services, and trade. Members expressed confidence in Kupoluyi’s capacity to lead the organization, citing his extensive experience in business management, strategic planning, and stakeholder engagement as vital attributes for advancing the chamber’s mission.

In his acceptance remarks, Kupoluyi pledged to build on the foundation laid by his predecessors, emphasizing the need for proactive advocacy, improved policy dialogue with government authorities, and strategic support for businesses navigating the current economic environment. He highlighted key priorities such as enhancing the ease of doing business, fostering entrepreneurship, strengthening public-private partnerships, and ensuring that LCCI remains a credible voice for the business community.

Kupoluyi also underscored the importance of innovation and digital adoption in modern business practices. He pledged to encourage initiatives that help member companies leverage technology to improve productivity, expand markets, and remain competitive both locally and internationally. The new president noted that supporting small and medium-sized enterprises (SMEs) would remain central to the chamber’s agenda, given their critical role in employment generation and economic growth.

Observers note that Kupoluyi’s election comes at a time when Nigeria faces a complex economic landscape marked by inflationary pressures, currency fluctuations, and global market uncertainties. In this context, the LCCI’s leadership is expected to play a strategic role in advocating for policies that stimulate investment, facilitate trade, and foster a sustainable economic recovery. Kupoluyi’s leadership is anticipated to focus on practical solutions that balance regulatory compliance with the needs of businesses, particularly in sectors affected by rising costs and supply-chain challenges.

The chamber’s council members also emphasized the need for continued engagement with government, development agencies, and international partners to promote policy reforms, attract foreign direct investment, and encourage sustainable business practices. Kupoluyi’s election is seen as an opportunity to strengthen collaboration between the private sector and policymakers, ensuring that business concerns are effectively represented in decision-making processes.

Industry stakeholders have welcomed the leadership change, expressing optimism that Kupoluyi’s tenure will bring renewed vigor to LCCI’s advocacy efforts. Many expect initiatives to improve access to finance, enhance trade facilitation, and promote capacity-building programs for entrepreneurs. Kupoluyi’s vision includes fostering an inclusive business environment that empowers women and youth-led enterprises, aligning with broader economic and social development objectives.

Analysts suggest that the new leadership will also focus on positioning Lagos, and by extension Nigeria, as a competitive investment destination. Through strategic advocacy, policy engagement, and support for enterprise development, Kupoluyi is expected to enhance the chamber’s influence both nationally and regionally, strengthening Nigeria’s profile in global business forums.

Kupoluyi’s election has been characterized as a pivotal moment for the LCCI, signaling continuity, stability, and a forward-looking agenda for Nigeria’s private sector. His leadership is likely to focus on addressing systemic challenges, promoting regulatory transparency, and supporting businesses in adopting global best practices.

As the new president and chairman of council, Kupoluyi inherits the responsibility of sustaining the chamber’s legacy while responding to emerging economic opportunities and challenges. Members and stakeholders anticipate a proactive approach that ensures the LCCI remains a central platform for dialogue, advocacy, and economic development in Nigeria.

With Kupoluyi at the helm, the LCCI aims to strengthen its role as a catalyst for business growth, a trusted advisor to government, and a facilitator of sustainable economic policies, reinforcing the chamber’s status as a leading voice for commerce and industry in Nigeria.