The Lagos Chamber of Commerce and Industry (LCCI) has postponed the Lagos International Trade Fair initially slated for November 5th – 15th to December 4th – 13th this year at the Tafawa Balewa Square, Lagos.
This year’s edition, which will be both physically and virtually simultaneously, is occasioned by the economic disruptions brought about by the COVID-19 pandemic and the recent #EndSARS protests across the nation.
In a media release issued on Thursday, the Director-General of LCCI, Dr Muda Yusuf, said that its resolve to hold the 2020 edition of the fair is in line with the need for quick restoration of normalcy to the economic and commercial activities in the State and its support for the ongoing ‘Protect Lagos’ Campaign.
In addition to the general interest fair, the annual international business expo is designed to feature special days for corporate organisations to showcase their inventions, innovations, and sustainability initiatives simultaneously during the fair.
Yusuf said: “The focus, this year, is to facilitate trade and chart a way forward for the economy to exit the impending recession.”
The exhibition, according to the DG, will facilitate networking among exhibitors and between visitors.
“The fair is expected to attract a huge traffic of visitors seeking to take advantage of the networking opportunities and discounted prices,” he stressed.
He, however, noted that corporate organisations including, multinational corporations, indigenous conglomerates and financial institutions and others from the West African Subregion had indicated their interests to participate at the exhibition.
Yusuf listed that relevant agencies and departments of the government would be available to exhibit and attend to other exhibitors and visitors.
Agencies that have confirmed attendance to provide information and educate exhibitors and visitors are: The Bank of Industry (BOI), the Nigerian Export Promotion Council (NEPC), and the Corporate Affairs Commission (CAC).
“So far, so good, the excitement that the fair has generated has been phenomenal and we are indeed happy about our strategic partnership with our stakeholders,” he expressed.