The Lagos Chamber of Commerce and Industry has called on its members to consistently uphold good corporate governance, high ethical standards and integrity in their respective businesses.
According to a statement from the chamber, the President, LCCI, Mr. Goodie Ibru, while speaking during the award of certificates to 79 newly-admitted members recently, reiterated the chamber’s commitment to such values.
He said since inception, no member of LCCI had been involved in any unscrupulous business.
Ibru urged members to pay adequate attention to the integrity of their business transactions and practices, adding “As businessmen and women, we have obligations, which transcend profit making.”
He emphasised the code of business ethics to which all members were to subscribe and warned that a breach of the tradition of integrity would be viewed seriously and be visited with appropriate sanctions.
Ibru said, “The Lagos Chamber has gone a long way to build its present image and credibility through the vision, selfless services and integrity of its illustrious founding fathers and their worthy successors.
“It, therefore, behoves us as inheritors of this glorious and enduring legacy, to keep the flag flying at all times.”
He further appealed to the new members to assist in sustaining the chamber’s high-level services through prompt payment of their subscription fees and levies.
The Chairman, Membership and Welfare Committee, LCCI, Dr. Wole Ogunpehin, said since its inception in 1888, the chamber had been very selective and careful in its membership admission process in order to preserve its enviable image.
He called for high quality representation of member companies at meetings and other activities of the chamber.