The Lagos Chamber of Commerce and Industry (LCCI) has unveiled its agenda for this year’s international trade fair, with focus on charting the path of recovery in terms of industrialisation and sustainable growth.
Indeed, the Organisers of the 2017 Lagos International Trade Fair (LITF), LCCI announced that this year’s fair, scheduled to hold from Friday 3rd November to Sunday 12th November, 2017 at the Tafawa Balewa Square (TBS) in Lagos, is aimed at supporting Nigeria’s quest to achieve a virile industrialised economy by providing a platform for the nation’s industrial, manufacturing, agriculture, solid minerals and service sectors.
LCCI President, Mrs. Nike Akande, said the theme of the fair, “Promoting industrialisation for economic recovery and sustainable growth” is apt and timely in the face of the current economic realities which underscores the need for diversification and inter-sectoral synergy.
Akande during the unveiling and public presentation of the 2017 LITF prospectus, yesterday, called on all industry players to support the efforts of the government in revamping and stabilising the economy through the injection of capital into the economy to drive investments in agriculture, manufacturing, trade, services and technology.
She pointed out that the recently unveiled federal government’s Economic and Growth Plan (ERGP) 2017-2020 is expected to promote macroeconomic stability and economic diversification through fiscal stimulus, monetary stability and improvement of external balance of trade.
“Also, the 60-day National Action Plan on Ease of Doing Business is expected to impact on the investment climate through three priority areas which are the international trade and immigration processes as well as transparency and inclusion in public sector procurement,” she added.
She noted that these reforms are expected to enhance Nigeria’s ranking in the Ease of Doing Business, stressing that the private sector is expected to plug into these reforms and make complementary contributions towards rescuing the economy from recession.
Earlier, the Chairman, Trade Promotion Board, LCCI, Sola Oyetayo, said this year’s public unveiling of LITF prospectus is coming earlier than usual because of the need to begin to reposition the exhibition to fit into plans of its stakeholders from the beginning of the year, promising that the chamber would continue to surpass the expectations of all stakeholders in all ramifications.