Research Development :

Introduction :

The Research and Development Department of LCCI was established in 1985, as the focal point for various activities carried out in the Chamber. It was set up in response to a growing need from the business community in the region for up to date information on business and economy, processing the same to facilitate members, and interacting with the government on macro and micro business and economic policies.

The Department today enjoys an enviable reputation in the country one of the leading centre for research and analysis on domestic and international business and economic issues. It is regularly consulted by the government and international agencies on important national and international policy matters. It is involved in extensive research used in nearly every discipline for recommendation and analysis of various national and international policies affecting business, trade and industry.

Mission Statement :

The Mission of R&D department is to act as the Think Tank and Advocacy Arm of the LCCI; research, economic issues impacting society and environment and enhancing domestic and international competitiveness, dissemination, training and capacity building. To be recognized as the premier contributor of policy advocacy, trade, investment, productivity for sustainable economic development in a knowledge based economy by promoting equity and social justice.

Function of the Department :
The R & D Department provides latest and useful information, effective guidance, and futuristic vision to the business community and the government by way of:

1. Research Reports  
The Department undertakes comprehensive research on subjects related to industry, trade and commerce with a view to supporting and strengthening the Chamber's viewpoints on various policy issues.

2. Federal Budget Proposals
The preparation of Budgetary Proposals for the Federal Government Budget is a major exercise that is undertaken by the R&D department with the collaboration of standing committees recommendations. The Department collects the relevant facts and figures, analyses the data, prepares the proposals and forwards these recommendations to the concerned government agencies. It is a matter of pride that most of these proposals/recommendations submitted to the government have been acknowledged and appreciated at national level.

3. Trade Policy Proposals
Another major research undertaking of the Department is the formulation of proposals for the Trade Policy of the government. These are formulated in consultation with the LCCI standing committees, business community and reflect the prevailing business sentiment in the country.

More information Please visit web www.lccirnd.com