The unfortunate outbreak of the Ebola Virus Disease (EVD) in the country which has however been contained has taken toll on international particpation at the fair, orgainsers of the fair, the Lagos Chmaber of Commerce and Industry (LCCI) has said. Its Chairman, Trade Promotion Board, Dr. Michael Olawale Cole who spoke yesterday at the Tafawa Balewa Square, Lagos venue of the fair, lamented that prior to the outbreak of Ebola in the country, many foreign firms had shown interest and made commitments but had to cancel their commitments due to the outbreak of the disease.
He said that notwithstanding, over 1,600 firms are particpating at the fair with over 13 countries including, Japan, China, Egypt, Indonesia, Pakistan and Taiwan. Others are India, Cameroon, Ghana,Republic of Benin and the European Union (EU). He commended both the federal and Lagos State government for their quick intervention which led to the containment of the disease but regretted that the chamber lost almost half of its intended participants.
He urged the Federal Government to work harder to arrest the challenges of electricity generation and distribution, noting that a lot of companies are not competitive due to the cost of production. He said “The derivatives of the Transformation Agenda should come quickly especially in the power sector. It should no longer be a slogan but a reality to lift the manufacturing sector which holds a lot of hope for the economy.”