The Federal Government has announced plans to revive the Lagos International Trade Fair after a 14-year hiatus.
The event was last held in 2010, and its return aims to re-establish Nigeria’s status as West Africa’s premier trading destination.
Minister of Industry, Trade, and Investment, Dr. Doris Anite, confirmed the revival of the fair.
She reiterated the fair’s critical role in boosting economic activities across various sectors.
“The objective is to reinforce Nigeria’s status as the premier trading destination in West Africa, facilitating expanded market access for domestic producers, suppliers, farmers, and traders, thus igniting unprecedented economic activity spanning tourism, trade, manufacturing, and employment opportunities,” Dr. Anite stated.
The return of the Lagos International Trade Fair is expected to provide a platform for Nigerian businesses to showcase their products and services, attract international investors, and stimulate economic growth.
The fair’s revival is anticipated to bring substantial benefits to the local economy, including increased tourism, enhanced trade opportunities, and job creation.
The minister further said the fair will serve as a catalyst for economic development, promoting the country’s rich diversity and potential in various industries.
