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More firms confirm participation at Lagos motor fair from May 6

By Benjamin Alade
03 May 2019   |   4:16 am
Organizers of the Lagos Motor fair have concluded plans to host this year’s edition even as more firms have confirmed participation to showcase their brands.

CFAO Nigeria

•Organizers woo visitors
Organizers of the Lagos Motor fair have concluded plans to host this year’s edition even as more firms have confirmed participation to showcase their brands.

The 14th Lagos Motor Fair and Eight  Autoparts Expo Africa, which is expected to take off from Monday, May 6 to Saturday 11, will bring together a number of leading brands of automobiles, spare parts, accessories, lubricants, additives, financials and security gadgets poised to showcase different classes of modern and innovative models, brands and services from their stables.

The Chairman, Organizing Committee, Ifeanyi Agwu, said in what has become an auto mundial and show of strength among the indigenous and foreign firms in the automotive business, more firms are confirming their participation in the events.

He said more indigenous firms have confirmed to join. Over 70 foreign firms that have confirmed their participation in the event scheduled to hold at the Federal Palace Hotel, Victoria Island, Lagos. “They are going to display different types of world-class products and services from their stables.”

Agwu who doubles as the Managing Director, BKG Exhibitions, said virtually all the major brands of automobiles, spare parts, accessories, lubricants, banking, insurance, regulatory and policy making agencies and bodies are being expected and the response so far has not been bad.

He listed firms who have confirmed participation to include: Toyota Nigeria Limited, Coscharis Motors, Elizade Autoland (JAC),PAN Nigeria, 11 Plc (Mobil), C- Woernman (Nigeria) Limited, R & G Automotives, Golden Tripod International Limited, Michelin Tyres and National Automotive Design and Development Council (NADDC). Over 80 companies from Turkey, China, India, Germany and United Arab Emirates are also participating, he said.

According to him, the Lagos Motor Fair remains the unparalleled gathering of established brands and new entrants ranging from passenger buses, cars, trucks, spare parts, accessories, lubricants, financials and many more, adding that the importance of continuously staging the show cannot be over-emphasized as all hands must be on deck to promote and support investments into the sector which he said occupies a strategic position in enhancing the economic development of Nigeria.

Agwu noted that this year’s edition is holding despite the current challenges bedeviling the sector and the Nigerian economy to continuously utilize its platform to bring relevant stakeholders to forge a future for the growing sector.

“Over a decade now the event has played the role of a unique forum to access and assess the capacities and potentials of the nations’ automotive sector; and always Nigerians get this information hot and fresh mainly at the Lagos Motor Fair. It is a pillar of the future strategic goals for the automotive and other allied sectors.”

Continuing, he said part of its efforts in promoting investment into the automotive sector, strategies have been deployed to ensure that the fair receives the needed attention from participants, institutional, trade, professional and individual buyers as well as visitors.

“We have packaged a show that could effectively be used by the participants and visitors to maximize the benefits derivable from the fair. This edition will bring out all the potentials and investment opportunities that abound in the Nigerian automobile industry, which we know are very attractive to ensure existing and potential stakeholders utilize the opportunities offered by the fair.

“In our untiring efforts at making the Nigerian auto parts market the hub of production, distribution and sales of auto parts in West, Central and East Africa with a view to covering the entire continent, we have extended invitations to trade and professional groups in the sub-sector from different countries and cities within the West and Central Africa regions to visit the Autoparts Expo. So far the interest we are receiving are encouraging,” he said.