Lagos Chamber of Commerce energy sector advocacy

The Lagos Chamber of Commerce and Industry (LCCI) has been advocating for strategic reforms to stabilize Nigeria’s energy landscape and support economic productivity.

Initially, the LCCI focused on the petroleum downstream sector, urging the Federal Government to improve domestic crude supply to local refineries and expand gas utilization to mitigate global energy price shocks. The chamber recommended implementing targeted social protection programs for vulnerable households instead of broad subsidies to protect purchasing power.

More recently, the LCCI has shifted focus toward clean energy solutions for Small and Medium Enterprises (SMEs). Through the Eko Gas Scheme 3.0, the chamber called for a predictable regulatory environment to attract investment in Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) distribution. To assist SMEs in reducing reliance on petrol and diesel generators, the LCCI requested fiscal measures such as tax incentives, accelerated capital allowances, and dedicated financing windows for clean energy equipment and infrastructure.