The Lagos State Governor, Mr. Babatunde Raji Fashola, SAN, has tasked the leadership of the Lagos State Chamber of Commerce and Industry, (LCCI), to conceptualize a workable business plan that will provide a sustainable alternative for Okada riders whose operations were affected by the new Lagos traffic law, for consideration by the State Government.

“LCCI, being an umbrella body for business operators in the State should assist the State Government in providing business suggestions that would make the State maintain its position as a preferred business destination and the hub of economic activities in West Africa”.Governor Fashola who spoke at the grand finale of this year’s Lagos International Trade Fair, held at Tafawa Balewa Square, (TBS), Lagos, added that the State Government would welcome any meaningful idea similar to that of “Yellow Taxis” operators and several other public/private initiatives in the State.The Governor, represented by his deputy, Princess Adejoke Orelope-Adefulire, said that in Lagos State, the forging of strategic partnership with the private sector is an economic development model that has been informed by the need to embrace an economic development approach that will guarantee sustainable growth and development task.

Fashola maintained that Lagos holds the key to the country’s emergence as a major trade investment destination in spite of its limited land mass. Lagos, according to him, accounts for over 65% of the nation’s non-oil Gross Domestic Product. He commended LCCI, the organizers of the yearly Fair for their sustained meticulousness and doggedness in putting together the event which draw participants from within and outside the country. The Chairman of LCCI, Mr. Goodie Ibru, OON, while speaking earlier, explained the reason for making TBS the venue of this year’s fair. He said that the change of venue was for the convenience of visitors to the fair and for easy commuting of goods by the exhibitors due to the construction work going on along the Lagos-Badagry Expressway.

He said that the choice of this year’s theme “Promoting Trade for Sustainable Economic Transformation” underscored the need for collective optimism that the fair would facilitate an accelerated development of Commerce and Industry through a deliberate action of promoting made-in-Nigeria products internationally.While hoping for more support in future from the State Government, the Chairman, promised that adequate measures would be put in place to forestall the challenges occasioned by rain at subsequent fairs.

Lagos State Governor, Mr. Babatunde Fashola


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