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Lagos State for Nigeria don get big nomination from African Export-Import Bank (Afreximbank), join hand with African Union, and African Continental Free Trade Area (AfCFTA) Secretariat to host the 2027 Intra-African Trade Fair (IATF). This nomination na historic moment for Nigeria and West Africa. For Algiers on Friday, Lagos Governor Babajide Sanwo-Olu talk say Lagos choice show how important Nigeria dey for Africa economic unity and how Lagos be one big commercial and financial center. E talk say, “We dey very happy say Lagos dey chosen for 2027 edition of this important fair. But we no shock because e show our strength, our resilience and our commitment to the Greater Lagos journey under our T.H.E.M.E.S Plus Agenda. We dey work to make Lagos a global financial hub; this fair go boost our efforts well well. We just host GITEX, the global tech expo and soon we go host the first ever E1 electric boat race for Africa, joining big cities like Monaco and Jeddah. We dey always make history. Na the Spirit of Lagos dey work.”
Sanwo-Olu say the nomination also show how Lagos dey support President Bola Ahmed Tinubu’s Renewed Hope Agenda wey dey help Nigeria economy. E add say, “E go need plenty work but I assure all wey wan participate say we go give una great welcome for Africa’s most populous city and second largest economy for the continent. Lagos dey proud of this honor and on behalf of government and people of Lagos, I thank the organisers.”
Folashade Kaosarat Bada Ambrose, Commissioner for Commerce, Cooperatives, Trade and Investment, talk say to host IATF, the biggest trade and investment event for Africa wey dey happen every two years to promote intra-African trade and speed up AfCFTA, na proud moment for Lagos and Nigeria. She talk say this opportunity na big milestone for Nigeria and West Africa to boost trade integration for the continent. “To host IATF 2027 put us for front for Africa trade future and show say we serious to build regional partnership, investment and innovation. E also match Lagos State Development Plan 2052 wey Governor Babajide Sanwo-Olu dey carry out. We ready to welcome Africa and the world come our lively city. With over 23 million people, coastal access and strong entrepreneurial economy, Lagos na perfect place for trade, talks, and business partnership to shape Africa future. The fair dey expected to bring over 1,600 exhibitors, 35,000 visitors, and bring billions of dollars in trade and investment.” She list some reasons why Lagos dey perfect for this, like Nigeria being Africa’s biggest economy and most populous country with Lagos as the economic center, Lagos na gateway to West Africa with better infrastructure and international connection, and Lagos commitment to AfCFTA to make local industries fit compete well for Africa. Mrs. Ambrose also say the nomination show Africa get confidence for Nigeria leadership and Lagos readiness to deliver big event wey go leave legacy well beyond 2027. She add say Lagos State Government, together with Federal Government, Afreximbank, African Union, and AfCFTA Secretariat, don start to prepare for the world-class trade fair with focus on infrastructure, security, and hospitality. She conclude say as Africa dey build one integrated borderless trade zone, IATF 2027 for Lagos go help open new markets, strengthen business ties, and drive sustainable growth across Africa. Mrs. Ambrose dey lead 20 SMEs from 253 wey Lagos train under Lagos State Export Readiness Programme (LASERP) go this year IATF for Algiers. She also give keynote speech for SME Pavilion for Africa and join Nigeria Pavilion at the event wey start this Saturday.
Written by: News Editor 1
AFCFTA AFREXIMBANK INTRA AFRICAN TRADE FAIR Lagos state SANWO OLU
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