The LGA Economic Forum is founded on these core principles:
- To focus attention on local governments to drive holistic and inclusive development.
- To promote good and value-based governance at the local government level.
- To encourage specific, strategic and sustainable investments at the local government level by the private and public sectors.
- To promote a green economy at local government level.
- To formulate, research and promote ideas and projects that can be implemented sustainably in rural communities.
- To advocate for polices that can improve the quality of life and standard of living of Nigerian citizens, especially those in the rural areas.
- To help stem rural-urban migration by addressing youth unemployment.