Musa Yusuf retires as LCCI DG, Almona named as replacement


The Lagos State Chamber of Commerce and Industry, LCCI, has announced the appointment of a new Director General in the person of Dr Chinyere Almona with effect from July 1, 2021.

Almona’s appointment followed the retirement of Dr Muda Yusuf at the expiration of his tenure of office, having served the chamber for a total of 24 years, with the last 13 years as director general.

President of LCCI Mrs Toki Mabogunje, on Thursday described the immediate past director general as an astute economist of repute, adding that Yusuf rose to become the director general through hard work and unrivalled dedication to duty.


Mabogunje also, described him as a respected public commentator on macroeconomic issues, regulatory environment, economic reforms, policy and institutional reforms, trade policy issues and investment climate matters.

Her words, “He has led numerous policy reform and engagement

sessions on the business environment, investment climate issues and the ease of doing business in Nigeria.

“Indeed, Dr Muda Yusuf will surely be missed by staff, members of the chamber, partners, collaborators, the diplomatic community, and stakeholders in the media space for his sound economic and analytical prowess, which has contributed immensely to the effectiveness of public policy advocacy and the development of the Nigerian economy.

“We believe that, though he has retired from the Lagos Chamber of Commerce and Industry, he is definitely not tired of contributing his quota to the prosperity of Nigeria, as the economic powerhouse of the African continent.

“We shall continue to benefit from his expertise as he moves to the next stage of his endeavours.”

The LCCI President said the new director general’s appointment was an added value to the well-established profile of the chamber, noting also that Almona’s appointment would further transform and reposition the chamber in this season of the new normal, and enable it to maintain its position as a leading voice of the organised private sector.

Almona brings in about 30 years experience in diverse areas through her various roles.

She had previously led the Africa Corporate Governance Programme of the International Finance Corporation, IFC, which provided a wide range of corporate governance reforms across 13 African countries.

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