Lagos - The National Association of Chambers of Commerce, Industries, Mines and Agriculture has urged the Federal Government to hand over the Lagos International Trade Fair Complex to its Lagos chapter.
Dr. Herbert Ajayi, the President of the chambers, told the News Agency of Nigeria (NAN) on Monday in Lagos that the Federal Government should hands off the running of the complex.
Ajayi said that the advice became necessary as the concessionaire has not met the expectations of the Bureau for Public Enterprise (BPP) on the management of the complex.
The ongoing 26th Lagos International Trade Fair is taking place at the Tafawa Balewa Square (TBS) complex instead of the spacious complex along Badagry expressway.
``When we left this arena (TBS) nearly ten years ago, one of the reasons we left was that the international trade fair complex was ready to accommodate us.
``But as you can see now, it is really very tight.’’
He proposed that, like Kaduna and Abuja which exhibit on their respective permanent sites, government should hand over the international trade fair complex along the Badagry expressway to the Lagos chamber of commerce.
``We need trade fair complexes and the one at the Badagry Road should be rehabilitated and should be handed over to the Lagos Chamber of Commerce and Industry, because it appears that the concessionaire is not satisfying the Bureau for Public Enterprises.
``They (BPE) are the one who concession it to them (the concessionaire).
``So we are expecting that they would review …… if the man (concessionaire) is doing well we won’t be here.
``Some of these people are not doing well if they are not doing well with our assets then we review it, sanction them or take it over.’’
Ajayi said that trade fairs were for trade promotions that attract investment opportunities into any country.
``This is a very attractive investment opportunity but it does not depend on the goods alone. It depends on how it is arranged.
``It depends on how well arranged, how people can access what they want and how they can have some comfort.
``We have seen other trade fairs elsewhere around the world and we deserve to have one.’’
He noted that the country had what it takes in terms of human and natural resources to provide an arena of international standard.