The President of the Abuja Chamber of Commerce and Industry, Dr Emeka Obegolu says efficient transportation options assists businesses to overcome logistical challenges, streamline supply chains, and reduce operational costs which are essential for driving economic growth.
Dr Obegolu said this during the opening ceremony of the 19th Abuja International Trade Fair, AITF in Abuja, Nigeria’s capital.
He stated that mobility has become a critical factor in today’s global economy, influencing trade, finance, and taxation, hence the theme “Mobility: Options for Transportation, Trade Financing, and Taxation.”
“Efficient transportation options help businesses overcome logistical challenges, streamline supply chains, and reduce operational costs, all of which are essential for driving economic growth.
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“The Fair is designed to serve as a hub for knowledge-sharing, collaboration, and networking by bringing together industry leaders, policymakers, and experts, we aim to chart a path toward a more innovative, efficient, and sustainable future in mobility while also addressing critical issues such as access to financing and the complexities of taxation.”
The ACCI boss revealed that during the trade fair there will be an unveiling of the chamber’s inaugural National Policy Fellows.
“The ACCI’s National Policy Fellowships underscore our commitment to fostering a dynamic and thriving economic environment in Nigeria, this initiative will not only strengthen the Chamber’s influence but also enhance Abuja’s reputation as a hub of economic excellence.”
Dr Obegolu also announced the maiden edition of the Farm, Food, and Technologies (FARMFATECH) Expo, co-hosted with Afrexim Bank and Autodex and scheduled for 5th to 7th November 2024.
“This expo will create opportunities for collaboration within the agricultural value chain and showcase financing models to advance Nigeria’s agricultural sector,” he added.
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Dele Oye who pledged the support of the association to ACCI underscored the importance of creating robust ecosystems that promote trade, drive innovation, and support the long-term growth of our economy.
“The 19th Abuja International Trade Fair stands as a beacon of progress and resilience, by addressing the interplay effects of transportation, trade finance, and taxation, this year’s Fair will focus on the key driving factors of Nigerian economic transformation,”Mr Oye said.
“As a leading member of the Organised Private Sector of Nigeria (OPSN), NACCIMA supports events such as this which aims to bring together different stakeholders from all sectors of the Nigerian economy.”
“It is also the hope of our Association for the government to develop key policies that can foster an environment where businesses thrive and trade flourishes thereby creating an optimal operating environment for the economy to grow on a sustainable note,”he added.
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