BUSI­NESS ‘70% of cen­te­nary fair goods made lo­cally’

Daily Trust - - BUSINESS - By Lat­i­fat Opoola

The Nige­rian Cen­te­nary Trade Fair, which at­tracted in­vestors and traders from within the coun­try and abroad, will end to­mor­row. In this in­ter­view, the Vice Pres­i­dent (Com­merce), Abuja Cham­ber of Com­merce In­dus­try, Mines and Agri­cul­ture (Abuccima), Gen­eral In­dia Garba, speaks on the pro­ceed­ings at the fair.

What are the aims and ob­jec­tives of the fair?

The cen­te­nary trade­fair is a spe­cialised one. It’s main aim is to dis­play what we have been able to achieve within the last 100 years of our ex­is­tence as a na­tion, and to show­case the abil­ity to feed our­selves. For ex­am­ple, we have farm­ers who came here to dis­play what they have been do­ing. We also have en­gi­neers and in­sti­tu­tions that pro­duce and mar­ket prod­ucts. So in­vestors who see these prod­ucts can ap­pre­ci­ate what we have achieved and part­ner with the lo­cal pro­duc­ers.

With the num­ber of days spent, what is the as­sess­ment in terms of par­tic­i­pa­tion and also in terms of vol­ume of trade?

The sup­port and par­tic­i­pa­tion from govern­ment has been very en­cour­ag­ing, and be­cause this is a spe­cialised fair, we are pleased that govern­ment and pri­vate agencies have par­tic­i­pated very well. Ex­hibitors have also come out to show­case and ex­hibit what they can pro­duce at var­i­ous lev­els - be it at the lo­cal govern­ment, state and or federal level. So the par­tic­i­pa­tion I will say, it be­ing a spe­cialised fair, is very good.

Con­sid­er­ing what you have spent on putting the fair to­gether and ex­penses you still en­vis­age, will you say it has paid off?

It’s still on­go­ing, so it is not easy to es­ti­mate the cost so far. We still have days to go. So it is not easy to es­ti­mate as some people are still com­ing, and their ex­penses will also count in terms of power gen­er­a­tion, be­cause al­most 24 hours of ev­ery day we buy diesel and also pro­duce some of the fa­cil­i­ties that people need here. Also, dis­cus­sions are go­ing on to house those traders that are still com­ing in be­cause even as at to­day there are some traders who are still try­ing to con­struct their stands.

How has the fair done com­pared to other trade fairs in the coun­try?

In terms of vis­its to the fair, we haven’t had that pop­u­lar­ity, as I said ear­lier, this is a spe­cialised fair and so it is busi­ness men and people who think they have some­thing to ben­e­fit that are at­tend­ing the fair. But on the whole we be­lieve it is not been bad at all. I be­lieve it’s fair.

What per­cent­age of goods brought in are made in Nigeria?

Over 70% per­cent of goods brought into the fair are made in Nigeria. Al­though we have a few ex­hibitors from Ghana, Sene­gal, Niger and then we have about two or three com­pa­nies ex­hibit­ing from In­dia, other­wise most of the ex­hibitors are from Nigeria, and ma­jor­ity of goods brought in here are Nige­rian made.

Gen. In­dia Garba

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.