Business LAGOS TO PROMOTE SMEs

jeff juwana

Moderator
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As part of effort aimed at promoting Small and Medium Enterprises, SMEs and locally made products in the country, the Lagos State Government has concluded plans to host the year 2013 domestic trade fair tagged “Eko Expo”. The Special Adviser to the Governor of Lagos State on Commerce and Industry, Mr Oluseye Oladejo, indicated that foreign exhibitors from Indonesia and China were among the organizations billed to participate in the fair, which will be held at Lekki Free Trade Zone.
“The choice of Lekki Free Zone as the venue for this year’s fair is to familiarize the business community with the peculiar incentives offered by the zone and the need to invest therein.” The incentives include complete tax holiday from all federal, State and Local governments, taxes, rates, customs duties and levies; one-stop approval for all permits, operating license and incorporation papers. Others include; Duty free, tax-free import of raw materials and components destined for re-export; duty- free capital goods, consumer goods, machinery, equipments and furniture among others.
According to the organizers of the event, free shuttle buses will be stationed at Oriental Hotel along Lekki-Epe road to convey interested people to and fro the fairground all through the seven days that the fair will last.
 
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