80 foreign firms for auto fair

No fewer than 80 foreign firms have confirmed their participation in the forthcoming 14th Lagos Motor Fair and 8th Auto Parts Expo.

The annual event will hold between May 6 and 11 at the Federal Palace Hotel, Victoria Island, Lagos.

The Chairman, Organising Committee and the Managing Director of BKG Exhibitions, Mr. Ifeanyi Agwu, said  foreign companies would team up with many indigenous firms that have signified intentions to showcase their brands at the fair.

Agwu said they are coming with different world-class products and services.

According to him, a large number of the major brands of automobiles, spare parts, accessories, lubricants, banking, insurance, regulatory and policy making agencies and bodies are taking part.

He said: “Though the sector is passing through turbulent times in the country, the persistence of major players in participating in this event is attributable to the importance they attach to it as a key event for demonstrating and showcasing capabilities and potentials. We cannot but attribute their consistency to the strategic importance attached to it by all the stakeholders in the industry who have been hardworking and making sacrifices here and then. It has been a collective effort and all hands have continually been on deck, starting from the private sector to the various agencies of government both at the state and federal levels. All the major brands available in Nigeria and to some extent abroad will be showcased.”

He urged every stakeholder to endeavour to show up at the fair, which he said will be a unique and veritable opportunity for all to show the strength and ruggedness of the players in the sector.

“From the automobiles, lubricants, auto parts, accessories to security gadgets and allied sectors are all coming to rub shoulders, with different mouth-watering offers for the visitors, customers and prospective target audience. So, in this case, the over 10 thousand expected visitors will definitely be treated as the king which they are by these exhibitors as they jostle for a rewarding business lead, friendship, partnership and increased sales,” Agwu said.

According to him, auto financing and acquisition facilities and schemes shall be on display at the various stands.

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