Leading financial giant, United Bank for Africa (UBA) Plc., has announced that it will once again be sponsoring this year’s edition of the Lagos International Trade Fair (LITF) exhibition holding at Tafawa Balewa Square (TBS). The sponsorship marks the sixth consecutive year the bank will be the official financial partner of the fair expected to start from November 1st to 10th. Already, not less than 3,500 exhibitors are expected at the 38th edition of the LITF.
Vice President and Chairman, Trade Promotion Board, Lagos Chamber of Commerce and Industry (LCCI), Abimbola Olashore, disclosed this at a media briefing in Lagos, on Thursday, adding that the number of exhibitors this year is expected to exceed the annual average of 3,500 average by about 50 percent.
Olashore who was represented by a member of LCCI Trade Promotion Board, Akinbo Akin-Olugbade, said that state-of-the-art security architecture will be deployed for the duration of the Fair, for both private and public, to manage the challenges that may arise due to the free entry offered to visitors.
He stated: “LITF records average of 350,000 visitors for the 10-day period, with average of over 3,500 exhibitors participating annually, and 15 countries in attendance.
“While our exhibitors have surpassed this figure this year by expression of interest, we are looking towards receiving 1 million visitors at the Fair.
“We are glad to announce that there will be free entry for the 10 days of the Fair for all our exhibitors and visitors. We will, however, be deploying our state-of-the-art security architecture, both private and public, to manage the process.”
He applauded UBA for its continued support of the fair and SMEs in Africa