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OGUNCCIMA Introduces Innovative Items To Spice 13th International Trade Fair

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In its stride to encourage participation of all critical stakeholders at the 13th International trade fair in Ogun State, the Ogun State Chambers of Commerce Industry, Mines & Agriculture (OGUNCCIMA) in collaboration with Ogun State government introduced innovative items in its program for prospective exhibitors.

 

The Special Adviser to Ogun State Governor on Industry Trade and Investment Mrs Oluyemisi Somorin Dawodu who represented the Honourable Commissioner for Industry Trade and Investment at the press conference highlighted some of the innovative items exhibitors should expect.

 

In an interview with our correspondence at the press conference , she said;

 

 

“We want people of Ogun state to know is not business as usual, we have some innovative items that we have introduced to spice up the Gateway International Trade Fair.

 

“The first of it being raffle draw where the grand prize winner would get a two-bedroom bungalow. The raffle ticket will be drawn on the very last day and there will be prize to be won daily.

 

“We have the entertainment village, where we want people to come and relax, enjoy themselves and have fun. We have food, drinks, music and just a place to relax. Provision of a sick bay

 

“We are introducing transportation from strategic locations to help in moving people to the fair. We will be having medical outreach and we will do a certain number daily.

 

“Those are the few things we have Introduced. We are doing advertising, a door to door campaign and invitation not just letters, not just expecting them to come, we are actually going back to meet them to make sure they come.

 

“We will be addressing their fears if they have any. We are being proactive basically to ensure all and sundry participate”. She said

 

The President of OGUNCCIMA, Engineer Mike Akingbade M.I.E, JP in his welcome address at the press conference said the trade fair is a veritable platform established to foster business exchange between local and International Stakeholders through B2B, B2G, B2C networking, which is part of the focus of the 13th edition of the International trade fair.

 

In his own words, he said;

 

“This 13th edition of the Gateway International Trade Fair is geared towards connecting businesses and creating a platform for policymakers and Regulatory agencies to interact with the Business, Community, with a view to understanding and to appreciate one another vital role in the development of the state economy, job creation, and overall prosperity.

 

“Distinguished members of the press, Ladies and Gentlemen, it is my pleasure to reveal that this year’s edition will be climaxed with drawing a Raffle. The star prize is a 2-bedroom bungalow courtesy of Ogun State Government in collaboration with OGUNCCIMA.

 

“Similarly, for the first time in the history of Ogun State International Trade Fair, an Entertainment Village is being created for relaxation and social engagements there will be no dull moment.

 

“OGUNCCIMA is joining the Ogun State government in “building our future together in the area of Agribusiness, to increase her productivity, and to encourage and develop SMEs through the influx of investors into the state, making her the investment place of choice.

 

“I want to call on media practitioners to use the event of the Gateway International Trade Fair to showcase to the outside world the investment opportunities in Ogun State. While thanking the media the media for their support to the Chamber, I also want them to portray the peaceful nature of the Ogun State to the world for business to thrive”. Akingbade said.

 

The Permanent Secretary Ministry of Trade, Industry and Investment Dr Olu Ola Aikulola in his welcome remark at the press conference said drones and security vehicles are made in Ogun state, hence, the beauty of the fair, is to have all these various segments represented at the trade fair.

 

He said;

 

“The 2024 gateway International Fair promises to be different. Spread the gospel so that all and sundry can be aware of the fair.

 

“There is going to be remarkably positive narrative which is not necessarily going to be a departure from the past.

 

“We are bringing in new things so that it will be an exciting experience for not only companies that are going to exhibit their products, but for as many human beings that will find their way to the fair to buy stuffs.

 

“Are you surprised that we make drones in this state, are you surprised we make security vehicles in this state. We have different vehicles including caterpillars which are assembled in this state.

 

“The beauty of the fair, is to have all these various segments represented at the trade fair this year. Why appealing to the press men to propagate the gospel, we also say to ourselves, the LOC, that it is not over until is over. We are not going to sleep.

 

“When the governor comes, he will be asking members of LOC where is this company not here. The Governor won’t be asking press men, but OGUNCCUMA.

 

“What we are doing is the pre event activity.There is going to be main event, and after event. All of you will be flanking the governor to inspect those exhibiting.

 

“To the press, it is not good enough if you stop after reporting the main event and you don’t report again afterwards. Because after the event you must also report. What are those take aways from 2024 international trade fair”. He said

 

Some of the stakeholders at the event include;

 

Lion Niyi Osiyemi

Kehinde Akintomide

Otunba Babs Adesanya

Akin Lawson

Dr Olu Ola Aikuola

Mrs Somorin Dawodu among others.

Business

GTCO Food And Drinks 7th Edition Begins Today 

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GTCO Food And Drinks, the premier event in the food and beverage industry, officially commenced its 7th edition today. The event is set to showcase the latest trends, innovations, and products in the food and drinks sector.

With over 100 exhibitors from around the globe, GTCO Food And Drinks 7th Edition promises to be bigger and better than ever before. Attendees can look forward to tasting new flavors, experiencing cutting-edge technologies, and learning from industry experts through various workshops and seminars.

The 7th edition of GTCO Food And Drinks event promises to be a groundbreaking experience for all food and beverage enthusiasts, offering them the opportunity to discover the latest trends and innovations in the industry.” And master class section will also be taking place.

GTCO Food And Drinks 7th Edition will run from 2pm Friday 26th Of April and Ends on Sunday 28th at GTCenter Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos.

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Alleged Unremitted Funds: Reps Tells SEC and FRC to Settle Differences 

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The House of Representative Public Accounts Committee has given an opportunity to the Securities and Exchange Commission and Fiscal Responsibility Commission to amicably settle the differences on the alleged non-remittance of over N45 billion to the Consolidated Revenue Fund.

Bamidele Salam, the Chairman of the Committee, gave the directive on Monday in Abuja during the Committee’s public hearing on leakages of government revenue.

The FRC had alleged the SEC did not respond to its report issued in 2022 where N45b unremiited operating surplus was recorded against the Commission from 2007 to 2021.

The Director General of SEC, Lamido Yuguda, while reacting to the allegation said the Commission had reconciled its operating surplus with the office of the Accountant General of the Federation.

“I think if the FRC had actually done a little more work, they would have seen from the OAGF all the efforts that we have made to reconcile the surplus figures from 2007 when FRSC came into being, “ the Director General told the Committee.

The SEC Team had evidences of the remittances it had made in the past as proof to back its argument of not being culpable of the allegation and it is ready to provide every document that was required of it by the Committee. The SEC report revealed.

According to the report, a review of the documents submitted by the SEC to the Committee reveals that they have actually made all submissions and payments and this was corroborated by the representative of the Office of the Account General of the Federation who also informed the Committee of the regular reconciliation exercise between it and SEC.

“Fact reveals that the Lamido led Management has transformed the account of the Commission from deficit balance recorded over the years to operating a surplus as a result of the transformations and policies introduced into the capital market”, the report stated.

After much defence from both parties, the Committee unanimously told the SEC and FRC to go and reconcile the differences then revert back to the Committee after 21 days for a final resolution on the issue.

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Business

Dangote Reduces Price Of Diesel

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Dangote Petroleum Refinery has further slashed diesel prices, from N1,200 to N1,000 per litre, aiming to mitigate the escalating inflation rates in Nigeria.

This reduction follows a previous price cut three weeks ago when the refinery initially decreased its diesel price by over 30%, down from N1,600 to N1,200 per litre.

The refinery has described this decision as a strategic move expected to “this significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.”

During an interview with newsmen, the Executive Director of the Dangote Group, Devakumar Edwin, emphasized the refinery’s robust output capabilities.

“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another to load diesel and aviation jet fuel. Ships load a minimum of 26 million litres, though we try to push for 37 million litres vessels, for ease of operations,” Edwin stated.

The announcement comes days after an APC chieftain in Osun State, Olatunbosun Oyintiloye, called on President Bola Tinubu to address what he termed excessively high diesel prices at the Dangote Petroleum Refinery.

In a press conference in Osogbo, Oyintiloye argued that, “as a domestically produced commodity, diesel prices should be significantly lower than those of imported counterparts.”

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