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President LCCI Alhaji Remi Bello
President LCCI Alhaji Remi Bello

LCCI To Expose Potentials Of Nigerian Economy Beyond Oil At 2015 Trade Fair

Chris Uba
The Chairman, Trade Promotion Board of Lagos International Trade Fair (LITF), Dr Michael Olawale-Cole said this year’s fair was aimed at repositioning the Nigerian economy beyond oil.
Olawale-Cole said this on Monday while addressing newsmen in Lagos.
Olawale-Cole also said that the fair would give priority to exposition of the creative industry in Nigeria.
According to Olawale-Cole, the 2015 edition of the LITF will hold simultaneously at three different venues.
The Tafawa Balewa Square, Onikan, will host the Customer General Fair; the Muson Centre, Onikan, hosts the Business-to-Business and Corporate Exhibition while the Freedom Park, Broad Street, would host the Creative Industry Fair, tagged Eko Akete.
He said the creative industry fair would explore the business potentials of the creative industry in Nigeria and project it to the visitors to the fair.
The chairman said that the fair, to be jointly hosted by LCCI and the Committee for Relevant Arts (CORA), would be held from November 6 to 15.
“In hosting the 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.
“The LITF has become the biggest and the best fair in West and Central Africa. This is a testimony of the chamber’s commitment to promotion of trade and the advancement of the economy.
“We will do all within our power to continue to provide economic and commercial bridges between local and international investors, ’’ Olawale-Cole said.
The chairman noted that the 2015 edition was loaded with various innovation, to meet the yearnings of the business community.
He particularly explained that the fair would feature the LITF Micro, Small and Medium Enterprises Development Fora which would be held for five days during the fair.
He said that the MSMEs forum, which would be powered by Guarantee Trust Bank (GTB), would hold at all three venues from November 9 to 13.
“The need to support the development of entrepreneurship as well as MSMEs in Nigeria cannot be over stressed, especially given the urgent need to create jobs and build an inclusive economy.
“Many small business owners have capacity deficit in various areas of their enterprise. This is one major reason for the failure of quite a number of them between start up year and the third year.
“One sure way of investing in the future of our economy is to increase the capacity of these entrepreneurs to create and manage businesses,’’ Olawale-Cole said.
The board chairman said that many international and local investors had booked reservations for the fair.He said that LCCI was committed to a hitch-free 2015 fair.

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