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September 11 Terrorist Attacks Affect Lagos Trade Fair (Posted 12th Nov, 2001) Tell your friends about this page! Email it to them.

The absence of the United States of America Trade Team at the on going International Trade Fair in Lagos could be easily noticed as their usual funfair at the annual fair was conspicuously missing. Organisers believed that this was as a result of the September 11 attack in some of their major cities.

According to Mr. Wole Osunkunle, one of the organisers of the Fair, the US trade team pulled out of the event. Notably, countries like India, Pakistan, Iran and many countries from the troubled Middle East also could not feature at this year's fair. This accounted for the low level of foreign participation at yearly event.

This year's fair witnessed an increase of about 46% in the number of local exhibitors. As apt as this years theme appears, situation on ground shows that, faced with fearsome problems of inadequate funds, high cost of doing business, fluctuating market opportunities and unstable exchange rate among others, majority of the local exhibitors and companies participating at the fair do not appear to be positioned effectively to face the challenges of globalisation.

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