By David Akinmola
The Lagos Chamber of Commerce and Industry (LCCI) has announced the election of Dr. Leye Kupoluyi as its new President and Chairman of Council, following the completion of the tenure of the outgoing president, Gabriel Idahosa.
Kupoluyi, who was elected during the Chamber’s 2025 Annual General Meeting in Lagos, will steer the affairs of Nigeria’s oldest and most influential private-sector advocacy body for the next two years.
The new president, a seasoned industrialist and policy advocate, has served the Chamber in various leadership capacities, including Vice President, Chairman of several strategic committees, and member of the Governing Council. His emergence, members said, reflects a continuity of reforms aimed at strengthening the Chamber’s voice in national economic discourse.
In his acceptance speech, Kupoluyi pledged to prioritise policies that would support private-sector resilience, deepen advocacy on ease-of-doing-business challenges, and advance reforms for macroeconomic stability.
“Our mandate at LCCI is clear—to protect enterprise, drive competitiveness and champion policies that unlock Nigeria’s economic potential,” he said.
“The business community is under significant pressure, and we will intensify our engagement with government to ensure predictable policies, safeguard investments, and promote inclusive growth.”
He commended his predecessor, Idahosa, for his leadership during a period marked by currency volatility, high inflation, and multiple regulatory changes. Kupoluyi promised to consolidate ongoing initiatives around trade facilitation, digital innovation, and MSME empowerment.
Outgoing president Idahosa described Kupoluyi as “a tested professional with deep understanding of Nigeria’s economic landscape” and expressed confidence in his ability to reposition the Chamber for greater impact.
The LCCI, founded in 1888, continues to serve as a major voice of the private sector, representing thousands of businesses across commerce, industry, manufacturing, financial services and emerging sectors of the economy.
