Nigeria: Exhibitors Show More Interest in Rebased Economy, Says - TopicsExpress

Nigeria: Exhibitors Show More Interest in Rebased Economy, Says LCCI he recent rebasing of Nigerias Gross Domestic Product (GDP), which makes Nigeria the largest economy in Africa, has generated increased interest in the Lagos International Trade Fair, the Lagos Chamber of Commerce and Industry (LCCI) has disclosed. In a statement, Vice President of the Chamber and Chairman, Trade Promotion Board, organisers of the Fair, Dr. Michael Olawale-Cole said LCCI had been receiving requests for participation from both regular and new foreign exhibitors since the rebasing outcome was made public. The rebasing had put the countrys Gross Domestic Product (GDP) at $510bn, the highest on the continent. Olawale-Cole stated that the exhibitors expressed the desire to take advantage of the benefits offered by Africas biggest economy, adding that they were eager to enter into business relationship with prospective local partners. This becomes particularly germane with the reinforcement of the new status of Nigeria by her classification by Ernst and Young as one of the top three economies in Africa to invest in, he affirmed. He disclosed that everything was being put in place to ensure not only a successful outing but the best Fair ever. It was in furtherance of this that he led a delegation of the Trade Promotion Board officials to China recently. The team held discussions with a world-renowned trade exhibition company, CMEC International Exhibition Company as well as officials of marquee tent manufacturers, Liri Tent in Zhuhai, the LCCI boss explained. Other members of the delegation included the Chairman, Marketing, Publicity and Protocol, Mr. Kehinde Amao; Chairman, Technical Committee, Engineer Funmi Banjoko and Director, Membership and Trade Promotion, Mr. Dele Alimi. Olawale-Cole stated that the LCCI decided to purchase its own marquee tents from China as part of efforts to scale up the quality of facilities at the Fair.Read More allafrica/stories/201405240074.html

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