Kaduna International Trade Fair Opens Amidst Economic Challenges


By Zakari Isah - Kaduna 

Kaduna, Nigeria — Despite the prevailing economic downturn, the Kaduna International Trade Fair is set to open its doors, promising a vibrant showcase of commerce and investment opportunities. The event, now in its 45th edition, will bring together participants from both foreign countries and Nigeria, aiming to chart a path for economic growth.

High Inflation? No Problem!

In an exclusive interview on the eve of the opening ceremony, Faruk Suleiman, the First Deputy President of Kaduna State Chamber of Commerce, Industry, Mines, and Agriculture (KADCCIMA), and the Chairman Local Organizing Committee of the 45th edition of the Trade Fair, expressed unwavering confidence. "Regardless of the high inflation," he asserted, "the trade fair will continue." Suleiman commended the Kaduna State government for its unwavering support and encouragement in organizing this significant event. Notably, Governor Uba Sani ensured the participation of all 23 local government areas.

A Global Gathering

The trade fair promises an exciting mix of cultures and business prospects. Among the participating nations are Ghana, Mali, Senegal, and Chad, alongside local Nigerian businesses. This international convergence aims to foster collaboration, exchange ideas, and explore investment avenues.

Theme: Sustaining Economic Recovery

The theme for this year's edition is "Sustaining Economic Recovery through Deepening Local Content Value Chain." According to Farouk Suleiman, the choice aligns with the government's policy. 

The focus is on deepening and implementing local content initiatives. Key strategies include capacity building, funding incentives, research and development, gap analysis, regulatory frameworks, and market access.

As the trade fair unfolds, stakeholders anticipate fruitful discussions, networking, and opportunities that transcend borders. Despite economic challenges, Kaduna remains committed to fostering growth and resilience in its economy.

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