2001 Lagos International Trade Fair Home Page  The Lagos International Trade Fair (Organised By The LCCI)
                                                                  Fair Dates: November 2 - November 11, 2001 

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2001 Lagos International Trade Fair
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2001 Lagos International Trade Fair

2001 Lagos International Trade Fair Opens In Grand Style (Posted 2nd Nov, 2001)

With the sun shining high in the sky in defiance to the continuous rain this last week, the 2001 Lagos International Trade Fair kicked off on a high note today the 2nd of November at the Tafawa Balewa Square, Lagos. The fair has become an annual affair, which many people from far and near look eagerly forward to explore. The fair complex was a beehive of activity with many exhibitors quickly gathering their acts togetherMr. Oluwole Cadoso, with others, declaring the Fair open by erecting stands, ferrying goods into the fair venue. Most of the newly built stands are being enhanced to beat those already set up by competitors.

The opening ceremony began around 11.00 a.m., one and half hours behind schedule, with the President of the Lagos Chamber of Commerce and Industry (LCCI), Chief (Mrs.) Oluremilekun Aina Young, (OON) giving the welcome address. This was followed by the address of the representative of the National President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA). All the speakers commended the efforts of the LCCI in organising the fair yearly with special emphasis on the year’s theme: Opportunities and Challenges of Globalisation for the Private Sector.

Mr. Adelani Ogunfemi, Director Trade Promotion and Trade Fair in Nigeria gave the address of the Honorable Minister of Commerce and Tourism, as the Minister, Engineer Mustapha Bello was unable to come for the event. The Minister reiterated that the Obasanjo Government is determined to make the Nigerian economy more viable for local and foreign investments. He mentioned the fact that the Nigerian trade policy is in the pipeline and will be based on the gross consultation his ministry has conducted with the organised private sector. In a bid to take trade to a higher pedestal the Federal Executive Council has approved the setting up of the Nigerian Trade Commission. The Ministry also aims to pursue effectively the Africa Growth and Opportunity Act of the United States.

The Commissioner for Economic and Budget Planning, Mr. Oluwole Cadoso ably represented the Lagos State Governor Bola Ahmed Tinubu. He officially opened the fair on behalf of the Governor at exactly 1.00 p.m. to the admiration of all other guests. This was followed with the organisers giving the commissioner a guided tour of the pavilions.

On the whole the fair ground was quite full with virtually all the available space occupied by exhibitors and more clamoring for last minute registration for stands. The patronage today was enormous compared to past fairs considering the fact that it was the first day of activity with over 15,000 visitors. This is appreciated more due to the global effect of the September 11th incident in the United States of America on all trade activities. All sectors were represented from banking to manufacturing and government agencies/parastatals. Others were engineering, electronics/electrical, information and communication technology among other numerous represented sectors. Subsequent news will focus on sectoral analysis and will comprise interviews, facts, figures and contact information of sectors represented at the fair.

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