Business Hilights

Tracking Nigeria's Headline Business News Online

ASP Border closure
Banking/Investments Industry

2019 Lagos Int’l Trade fair begins today at TBS amidst closed border

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

The 2019 Lagos International Trade Fair (LITF), yearly put together by the Lagos Chamber of Commerce and Industry (LCCI), will kick off today at the Tafawa Balewa Square, Lagos Island, Lagos. The exhibition is been arranged and organised every year by the Trade Promotion Board and the Lagos Chamber of Commerce and Industry (LCCI); the oldest chamber of commerce in Nigeria.

Whereas industry experts are apprehensive that ECOWAS presence will be limited due to the closed land borders since August 21, organizers say the 2019 Lagos International Trade Fair will feature both Nigerian and foreign exhibitors of different sectors such as Agriculture and Agro allied; which includes irrigation, fishing, crop production and seed multiplication, primary food preservation and processing.

There are speculations that ECOWAS economies may have ganged up to shun the 2019 fair as a retaliation of the hard stand of the Federal Government in keeping the land borders closed since August.

Continental statistics show that the fair is known to be the largest international exhibition in West Africa. The exhibition which is a 10-day event normally starts on the first Friday in November of every year, since 1981.

The Lagos International Trade Fair started in the year 1977, where the event took place at Eko Hotels and Suites, Just after it was completed.

Also, plants and Equipments; which includes metal working equipment, consumer goods production plants and machinery, machine tools, material handling & storage equipment, woodworking machinery and maintenance equipment.

Oil and Gas; which includes refining and marketing, exploration, production, petro-chemical products e.g fertilizers, resins, plastics and carbon black

Mining and Energy; which includes electrical equipment, mining equipment, solar, hyro & renewable energy, power generation and distribution, etc

Security and Safety Equipment; which includes computers and accessories, communication equipment, electronics, telephones, mobile phones/smart phones, software development, phone accessories, business equipment, business and accounting machines and more.

Automobile and Allied products; which includes passenger vehicles, automotive component and spare parts, heavy duty trucks and vehicles, aircraft, airport equipment, railway and port engineering components and others.

ICT & Telecommunications; which includes electronics, telephones, communication equipment, internet and fax, mobile phones, smart phones, computer and accessories.

The trade fair is a unique one that provides individuals, entrepreneurs, business companies and industries and brings into focus the full potentials and business opportunities existing in Nigeria.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.