The Lagos Chamber of Commerce and Industry (LCCI) has said the Lagos International Trade Fair (LITF) is aimed at accommodating all sectors of the economy and showcase the potential of the economy beyond oil.
In a parley with reporters on the preparations of the fair tagged, “Enhancing value addition in the non-oil economy”, scheduled to hold between November 6 and 15, the Chairman, Trade Promotion Board of the LCCI, Dr. Olawale Cole, said the LCCI is breaking new grounds in response to the yearnings of the business world as the fair will hold simultaneously in three various venues.
“The Tafawa Balewa Square, Onikan will host the business-to-customer general fair, the MUSON Centre, Onikan, will host the business-to-business and corporate exhibition and the Freedom Park, Broad street will host the creative industry fair, tagged Eko Akete.
“In hosting this fair in these venues, the LCCI aims to hold an all-inclusive fair, which will accommodate all sectors of the economy and expose the potentials of the Nigerian economy beyond oil,” he said.
He noted that the fair has attracted numerous local and international companies and already, they have confirmed bookings from China, Egypt, Japan, Ghana, India, European Union, Indonesia and Pakistan for participation in the fair.
“The need to support the development of the non-oil sector in Nigeria especially now that the country urgently needs to diversify the economy cannot be over-emphasised. Nigeria is a mono-economy country; and it has become clear to every Nigerian that things must change fast. In line with this, especially in today’s business world, developmental initiatives such as investment conference and entrepreneurship development programmes with special focus on the non-oil sector is a means of getting the country out of the present precarious situation,” Cole said.
According to him, another major innovation in the LITF is the Lagos International Trade Fair Micro, Small & Medium Enterprises Development Fora, which will be held for five days during the fair.
Source: The Nation Nigeria