The Lagos Chamber of Commerce and Industry(LCCI) has urged the federal government to scale up plans of establishing special economic zones where agro-processing activities are supported to produce finished food products for its markets and for export.
The chamber made this known in its New Year statement on the Economy 2023. The director-general of LCCI, Dr Chinyere Almona said: “in 2023, the base factors that may continue to drive the major economic indicators are the rising inflation rate, tight monetary policies, an unstable currency, foreign exchange scarcity, debt burden, currency management, food supply disruptions, exchange rate volatility, and election spending.”