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  • NIGERIA
    EFCC hands over N104.1m recovered to Niger State

    Nigeria: Gov demands 13.5% derivation vote for Niger for hosting 4 hydrodams, highest land mass

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

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    Nigeria:  Abducted Oyo schoolchildren, teachers rescued by security forces

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    Nigeria: Gov Abiodun optimistic state assemblies will simultaneously pass State Police Bill

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    SEC boss urges policy consistency as S&P places Nigeria on  2027 Watchlist

    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Nigeria: Tinubu seeks repeal of Administration of Criminal Justice Act 2015

  • Entertainment
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    Spotify streams fetch Nigerian artistes N60b in 2025

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    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

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    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

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    Gov Adeleke commissions mega projects in UNIOSUN, installs new Chancellor

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    NEPL/Seplat JV awards N18m grants to schools in PEARLs quiz

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    UNIBEN launches N100b trust fund, attracts billions in cash, projects

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    Nigeria: FG donates N10b medical equipment to Bauchi

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    FUTA holds 36th Convocation and Award of first Degrees, threatens to withdraw certificates of graduates found culpable of misconduct

    FUTA teaching hospital promises improved healthcare services

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

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    Nigeria: FG lists 2 savings bonds for subscription in July

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    Strait of Hormuz: Transit may  take ‘weeks’ to resume

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    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

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Home Economy

Lagos reiterates continuous support for SMES as Lagos tourism, NBC 3-day trade fair ends

by Press Release
June 17, 2024
in Economy, Small Business
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  • Participants laud Sanwo-Olu, State govt
  • We have used entertainment to push Lagos brand, says Idris Aregbe

Following the success and remarkable achievements recorded at the three-day Lagos Tourism and Naija Brand Chick Trade Fair, which ended on Sunday, the Lagos State Government, has reiterated its commitment to continuously support Small and Medium Entrepreneurs (SMEs) to grow businesses.

Speaking at the final day of the Lagos Tourism and Naija Brand Chick Trade Fair in Ikeja, the Special Adviser to Governor Babajide Sanwo-Olu on Arts, Tourism and Culture, Mr. Idris Aregbe, said the trade fair has changed the lives of the vendors and impacted their businesses positively.

The sixth edition of the trade fair, which began on Friday and ended on Sunday at White Stone, Oregun, Ikeja, was organised in partnership with the Lagos State Ministry of Tourism, Arts and Culture.

Some of the thousands of vendors and participants who took part in the sixth edition of the fair, tagged “Buy, Sell, Network,” described it as a success and remarkable.

They also commended the Lagos State Government, particularly Governor Babajide Sanwo-Olu, for providing opportunities for vendors to transact business successfully during the trade fair.

Speaking to journalists on the last day of the trade fair, Aregbe said Lagos will continue to lead when it comes to art, entertainment, commerce and industry.

He said, “It has been a great journey. It is indeed a fantastic project and initiative because people are happy. We have been able to create a partnership between Lagos Tourism and the trade fair. We have been able to use entertainment to push our brand. We have been able to use the event to educate the people on the streets of Lagos, and we have seen that Lagos will continue to lead when it comes to commerce and industry.

“I am happy that Governor Babajide Sanwo-Olu supported this initiative. The trade fair has changed many of the vendors’ directions for business, sales, and passion. I am happy, and the partnership between Lagos State and Naija Brand Chick is a fantastic one. We have vendors from the UK and different parts of Nigeria. And they all appreciated the Lagos State Governor for giving them the opportunity.”

Aregbe, while stressing the Lagos State Government’s commitment to growing SMEs, said: “The government is not in competition with anybody. We are only complementing and supporting businesses, especially SMEs.

“Lagos is committed to the trade fair because we need to grow our naira. We need to support SMEs. Lagos is huge when it comes to economic and entertainment values in terms of numbers, and we need to convert the numbers and values into something meaningful, and that is what we have done in the last three days to support SMEs.

“Any government or brand that is not supporting SMEs is not ready for business. Lagos State Government has demonstrated and shown other states that SMEs are something that we must show support for, and we must always find a way to support them and give them the nod that they need. And that is what we have done.”

Also speaking, the founder of Naija Brand Chick Trade Fair, Mrs. Nelly Agboju, said the 2024 edition was impactful, especially on vendors. She commended Babajide Sanwo-Olu’s administration for the success of the Lagos Tourism and Naija Brand Chick trade fair.

She said: “The whole aim of this fair is to help business owners do better in their businesses, grow and meet their customers, get more visible and increase the capacity of their brands, and also help Nigerians in general.

“On the first day alone, over N300 million was realised. We are excited that the fair was a phenomenon, and we know this has been one of the best fairs ever.

“It couldn’t have been possible without the partnership of the Lagos State Government and the Ministry of Arts, Tourism and Culture. The Special Adviser to the Governor on Arts, Tourism and Culture, Mr. Idris Aregbe, has been so amazing to us. He has supported us. He came around to see the vendors. He made sure everybody was happy. People came out after Ileya and Father’s Day. We are excited to see the results that have come out.

“This has been one of the most wonderful partnerships I have had in a very recent time. On our own, we do 25,000 in two days, but on the first day at the trade fair, we do 30,000 in one day. It shows capacity when you work with Lagos State. So, this has been an amazing one. We really do appreciate, and we love, the fact that Lagos is for businesses.

Speaking on the success and impact of the trade fair, Bahijja Ahmad Wasai, a vendor dealing in cosmetics, who came from Kano State for the trade fair, said the organisation of the Lagos Tourism and NBC Trade Fair should be a template for the organisation of other trade fairs.

She said, “I have participated in many trade fairs, but this particular trade fair is different from what we are used to. This is something different that we are witnessing.

“The trade fair was fantastic. It was the best fair in terms of organisation and it was the most intense in terms of sales. This is one of the best trade fairs I have ever witnessed so far. It has been a back-to-back trade with a large population.

“We will like to thank the Lagos State Government in particular because they have been very supportive from the beginning. The Governor of Lagos State has really tried for vendors in terms of organisation and everything. We will like to see more of this.”

Also speaking, another vendor, Mrs. Blessing Aregbesola, who deals in clothing, said the trade fair was a wonderful experience. “We are so grateful to participate in this exhibition because it has been a wonderful experience. The turnout is massive. It is a great experience. So, we thank Lagos Tourism and Naija Brand Chick. We are grateful to them.

“We say a big thank you to the Lagos State Government for organising this wonderful event. We appreciate them. We are saying thank you from the depths of our hearts. We appreciate the Lagos State Governor, Mr. Babajide Sanwo-Olu, his Special Adviser on Arts, Tourism and Culture, Mr. Idris Aregbe.”

Secretary to the Lagos State Government, Barr. Abimbola Salu-Hudeyin (middle); Special Adviser to the Governor on Arts, Tourism and Culture, Mr. Idris Aregbe (third left) and others at the final day of the three-day Lagos Tourism and Naija Brand Chick Trade Fair, held at Ikeja, Lagos on Sunday.

Tags: Babajide Sanwo-OluIdris AregbeLagos StateLagos Tourism and Naija Brand Chick Trade Fair
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