Trade Fair: Lagos Chamber of Commerce Partners with Chinese Business Community

The Lagos Chamber of Commerce and Industry (LCCI) has partnered with a large trade delegation from China to support Nigerian businesses across various sectors.

 

The LCCI said that this was aimed at fostering valuable commerce deals worth millions of dollars during this year’s Lagos International Trade Fair.

 

The Director-General, Lagos Chamber of Commerce And Industry, Dr. Chinyere Almona, in a statement, expressed appreciation to the Chinese trade partners for their invaluable support for Nigeria’s industrialisation efforts.

 

She said “given Nigeria’s current economic landscape, strategic partnerships with countries that possess comparative advantages in machinery production for food processing, automotive manufacturing, energy management technologies, and industrial tools are essential. These partnerships offer critical support to our local industries, accelerating our industrial growth and fostering sustainable development.”

 

She explained that this delegation will be engaging directly with Nigerian entrepreneurs, industry leaders, and business stakeholders at the CHINA HALLS 1 & 2 from Tuesday, 5th to Thursday, 7th November at Trade Fair Centre.

 

Within the stipulated days, China Hall is expected to hold four key fairs targeted at highlighting innovative products and services that are vital to Nigeria’s economic sectors. Dr. Almona explained that these fairs are designed not only to showcase products and technologies but also to enable hands-on interaction and knowledge exchange.

 

“They present an invaluable opportunity for Nigerian companies to connect with their Chinese counterparts, establish supply chains, and explore innovations that align with Nigeria’s development goals across various sectors. We encourage all stakeholders to take full advantage of the opportunities at these fairs to foster lasting, impactful partnerships.”

 

The four key fairs are:

1. West Africa Hardware, Tools, and Mechatronics Fair – Showcasing a diverse range of products essential to Nigeria’s core industries, this fair brings solutions for food processing, transport infrastructure, energy, and construction. It serves as a crucial opportunity for Nigerian companies to access tools and hardware to scale their operations and improve efficiency.

 

2. International Automotive Parts, Equipment, and Services Fair – Aimed at supporting Nigeria’s growing automotive industry, this fair features an array of automotive parts, equipment, and services. These products are instrumental in advancing local automotive capabilities, promoting self-sufficiency, and strengthening the automotive value chain in Nigeria.

 

3. International Houseware and Gift Fair – This fair introduces the latest trends and innovations in household goods and gifts. It offers Nigerian businesses an avenue to explore high-quality products that appeal to the modern consumer, fostering trade opportunities in the retail and lifestyle sectors.

 

4. Nigeria International Textile Industry Fair – This fair focuses on the textile and garment industry, a sector with deep roots in Nigerian culture and a pivotal role in job creation. By bringing together industry leaders and product developers, this fair provides opportunities for Nigerian businesses to gain access to new textiles, machinery, and sustainable practices to enhance their production processes.

 

Dr. Almona then praised the resilient profile of the Nigerian trade sector, which has recorded a performance well above many other sectors despite harsh economic conditions.

 

She said that the Lagos Chamber calls for more streamlined trade procedures that could encourage more trading partners to interact with Nigerian businesses as create various trading opportunities for Nigerian wholesale and retail businesses, especially the Small and Medium Scale Enterprises.

 

 

 

 

Hauwa Abu