The organizers of the annual Lagos International Motor Fair & Autoparts Expo Nigeria have disclosed that the forthcoming edition of the Fair is aimed at revving activities in the sector with the objective of showcasing the capacities and potentials of this important sector of the economy. According to the Managing Director BKG Exhibitions Limited, Mr. Ifeanyichukwu Agwu, who is also the Chairman of the Organizing Committee for the event, the seemingly intractable lull in the sector is taking a lot of shine out of the industry making it difficult for stakeholders to showcase the abundant opportunities and offers in the sector.
Re-emphasizing the importance of the event Mr. Agwu said that using the campaign of “One Expo; Continental Spread” the event aims at showcasing the importance of the Nigerian market as the hub of automotive business in Sub-Sahara Africa; and one that is highly rewarding for investments. We are going to add more pep to promoting the spare parts sub-sector.
This is informed by the determination of the Organizers to champion the development and thriving of autoparts sub-sector as leeway to fast-tracking the development of Nigeria’s automotive industry. “In this edition as we have been doing for sometimes now we will champion the autoparts section to seeing to making Nigeria become the hub of the business in Africa. We want to make it a strong point of real taking off of a realizable auto policy”.
Urging every stakeholder to endeavour to show up at the event billed to take place at the Federal Palace Hotel, Ahmadu Bello Way, Victoria Island, Lagos from May 7-12, 2018; Mr. Agwu added that doing so will be an opportunity for all to show the strength and ruggedness of the players in the sector.-the policy inconsistencies notwithstanding. “Without re-fleeting, accidents rates will increase astronomically; calling on government to really think deep about developing this sector. In unison the stakeholders can put the issues of the sector in the front burners of economic discuss and policy in the country.
“In conjunction with our foreign partners, we have reached out to many of such companies and happily the response has been tremendous and we are expecting close a lot of them. Our intention in bringing them is to enable Nigerians and neighbouring West Africans engaged in auto spare business work out rewarding and lasting business relationships with the main companies engaged in the manufacture of auto spare parts”.
