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BOI Plans Enterprise Exhibition in Abuja, Lagos

The 3rd Enterprise Exhibition organised by the Bank of Industry (BOI) and Compass Consulting UK Ltd has been scheduled to take place from September 7 to 11, 2009 in Abuja and Lagos.

A statement signed by Waheed A. Olagunju, BOI’s General Manager, Strategic Planning and Corporate Communications noted that in order to ensure wider participation by entrepreneurs from all over the country, this year’s edition, has been scheduled to take place in Abuja and Lagos.

According to him, “this year’s events, like the two previous ones, are designed to serve as a structured platform to facilitate the inflow of diaspora investments into Nigeria and the match making of foreign based Nigerian entrepreneurs with their Nigerian based counterparts.”
The process also enables Nigerian businesses to be linked with the global economic system by foreign based Nigerian entrepreneurs who already have established distribution channels and other vital business contacts in Europe, he said.

The current global economic meltdown has also engendered stronger interests amongst Nigerians in the diaspora to explore business opportunities in the relatively vibrant Nigerian economy.
The statement disclosed that the two earlier editions have indeed stimulated some in-bound investment initiatives from Nigerians in the diaspora; demand for the services/expertise of Europe-based Nigerian professionals in Nigeria; and the desire by successful Europe-based Nigerian entrepreneurs (at BOI’s instance) to support and assist Nigerian businesses with export potentials in accessing highly competitive international markets.

Considering that entrepreneurship and private sector development are crucial to the attainment of Nigeria’s development aspirations and the Millennium Development Goals, the Bank of Industry, BOI requested its development partners in the public and private sectors to support the Enterprise process. Specifically, the state governments and the Federal Capital Territory were requested to sponsor five (5) entrepreneurs from their respective states and the FCT to the Lagos and Abuja legs of the 2009 exhibition.

Other highlights of the 2009 exhibition include the presentation by the Greater London Enterprise (GLE One London) titled: A Case Study of Supporting SMEs in London to Trade Internationally.  While that of Abuja has been scheduled for Monday 7th September, the same presentation will be coming up in Lagos on Saturday 12th September as part of the 2nd Female Entrepreneurship Conference. The main theme of the Female Conference is: Doing Business in the 21st Century.  The sub-themes are: Tapping into Export Markets Through International Trade, Forging Strategic Partnerships as well as  Advancing Your Business and Brands into new Markets.


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