The Lagos Chamber of Commerce and Industry has called on its members to consistently uphold high ethical standards, integrity and good corporate governance in business practice.
Speaking during the award of certificates to 79 newly-admitted members on Wednesday, Mr. Goodie Ibru, President of the Chamber, reiterated its commitment to such values, adding that since inception, no member of the Chamber had been involved in any unscrupulous business.
According to him, members should pay adequate attention to the integrity of their business transactions and practices, adding that “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.
“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,” Ibru enjoined.
He also appealed to the new members to assist in sustaining the Chamber’s high-level services through prompt payment of their subscription and levies.
Speaking earlier, Vice President of the Chamber and chairman of the Membership and Welfare Committee, Dr. Wole Ogunpehin disclosed that 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.
The Lagos Chamber of Commerce and Industry was founded in 1888 to promote and protect the interest of its members and the business community at large through public policy advocacy, creation and facilitation of commercial and industrial opportunities, provision of business development service and observance of highest standard of business ethics.