In an effort to attract more foreign investment, Nigeria will host more than 500 investors from all around the world.
The 18th Abuja International Trade Fair (AITF), organized by the Abuja Chamber of Commerce and Industry (ACCI), is where the investors, including established businesses in Nigeria, are anticipated to congregate.
At a press conference in Abuja, President of ACCI, Dr. Al-Mujtaba Abubakar, stated that the program's goal is to link businesses and provide a forum for policymakers to engage with the business sector. Over 100,000 people from within and outside of Nigeria are anticipated at the fair.
Abubakar added: "We champion the promotion of small businesses, acknowledging their crucial role in the national economy, job creation, and overall prosperity." The initiative is also intended to promote Nigeria's small and medium-sized enterprises to the world.
In order to provide a dynamic platform for encouraging exchanges and interaction between national and international stakeholders, businesses, and government agencies, he noted that the event, which serves as a convergence of diverse industries, will bring together a wide array of exhibitors representing sectors such as industry, trade, agriculture, and services.
This edition will have a specially allocated and carefully curated diplomatic space for foreign delegations, trade missions, and international organizations to showcase their companies, projects for economic cooperation, products, and innovations, according to Abubakar.
He explained that the 18th edition of the fair, which has the theme "Sustainable Financing and Taxation as Drivers for the New Economy," will provide businesses with a forum to interact with financial and tax institutions, discuss current issues and potential solutions, and promote sustainable approaches to the African Continental Free Trade Area (AfCFTA).
He said the platform would highlight cutting-edge goods and services from its partners and exhibitors in a range of industries, including Fintech, tax collecting, payment systems, e-health, food processing, and environmental safety.