Friday, 13 April 2018

News Update: Lagos trade fair complex generates N500m revenue in four months



The Executive Director , Lagos Trade Fair Complex Management Board , Mrs . Lucy Omosefe - Ajayi , said the board recorded more than N 500 m in the first quarter of 2018 .

Omosefe - Ajayi made this known while speaking with newsmen on Friday in Lagos shortly after inauguration of the Lagos Trade Fair Management Board .

The executive director said although the management commenced operations on zero budget in 2017 , it had been able to generate resources by looking inward .
She said that the management was able to achieve the feat through the cooperation of stakeholders ( traders ) and the implementation of the Executive Order on the Ease of Doing Business .

“Most of the present infrastructure upgrade within the complex was done with the cooperation of the traders .
“In the same vein, having seen improvement in facilities and policies meant to aid their businesses, the traders now pay their royalties to government without confrontation.’’ ( NAN )

Source:punchng.

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