First Bank Plc emerges as 2011 Lagos International Trade Fair Banker

LAGOS-First Bank of Nigeria Plc has emerged the Official Banker to the 2011 Lagos International Trade Fair which kicks off on Friday 4th November at the Trade Fair Complex on Lagos-Badagry Expressway.

Vice President and Chairman Trade Promotion Board of the Lagos Chamber of Commerce and Industry, organisers of the Fair, Alhaji Remi Bello, who disclosed this,  said the bank would enjoy the sole privilege of domiciling all cash and cheque proceeds of the fair from exhibitors, apart from free special day and publicity blitz.

The fair is expected to be declared open by His Excellency, President Goodluck Jonathan while other special guests include the Honourable Minister of Trade and Investment, Dr. Olusegun Aganga, Governor of Lagos State, Mr. Babatunde Raji Fashola, the National President of NACCIMA, Dr. Herbert Ademola Ajayi, industry giants as well as members of the Diplomatic Corps.

According to Bello , over 200 companies from over 12 countries would participate at the fair. The countries include United Kingdom ,Canada,India,Ghana,China,Pakistan,IndonesiaandEgypt. Others are Cameroun, European Union and Taiwan ROC.

In response to agitations about the pervasive traffic gridlock caused by the ongoing construction on the Oshodi-Mile 2 and Lagos-Badagry expressways, Bello disclosed that arrangements have been concluded with the Lagos State Traffic Management Authority (LASTMA) and the Federal Road Safety Commission (FRSC) to ensure smooth traffic control to reduce stress to commuters while shuttle services would be provided by LAGBUS to and fro the fair complex.

Also assuring uninterrupted power supply at the fair, the LCCI boss said the issue of security would not be cause for concern as it would be addressed squarely.

“We have engaged a reputable security firm which shall work in close collaboration with the Nigeria Police while CCTV cameras would be deployed for surveillance of all locations on the fair grounds,”Belloreiterated.

 

As happened last year, the 2011 fair will hold in nine Exhibition Halls and the adjourning outdoor spaces. Already over 80 percent of these halls have been fully allocated to confirmed exhibitors in such sectors as Information technology, Electrical and Electronics, Furniture and Fittings while outdoor space has been provided for those in Automobile, Financial Services, Oil and Gas, Household Goods and so on.

Meanwhile, over 15 states are expected to participate at the fair. This followed an extensive marketing drive undertaken earlier in the year by members of the Trade Promotion Board. This would be a marked improvement on what used to be in recent years.

Alhaji Bello extended the Chamber’s appreciation to some companies for their sponsorship and partnership of the 2011 Lagos International Trade Fair. They include Golden Tulip Hotel, Official Hotel; Omatek Computers, ICT Company; LAGBUS, Official Transport Company; and Shandon Brightway International Exhibition Company Limited, the fair’s Chinese Partner.

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