Disclosing this in his office in Lagos, the Managing Director BKG Exhibitions Limited, Mr. Ifeanyichukwu Agwu, explained that the organisers would defy the harsh economic realities to ensure that the 14th Lagos Motor Fair and the 8th Autoparts Expo, hold this year in the overall interest of the auto sector.
Agwu , who spoke at a press briefing to announce the kickoff of arrangements for the event, assured that the exhibition must go on against all odds, “in order to ensure that the automotive sector of the Nigerian economy remains in the front burner of economic discuss in Nigeria, having in mind the developments in the political arena.”
The BKG CEO, who is also the Chairman of the Organising Committee, stressed that his team was being driven by the need to champion the development and thriving of autoparts sub-sector as leeway to fast-tracking the development of Nigeria’s larger automotive industry.
“In this edition, as we have been doing for some time now, we will champion the need to institute and drive a well-thought-out policy and programme to re-jig the sector towards making Nigeria the hub of automotive business in West Africa in particular and the entire continent in general.”
The organisers said over 20 automobile and 200 autoparts/accessories firms, including those from allied sectors, are expected to participate in the exhibition.
Each of the days of the events would be loaded with activities and events intended to make the fair and expo remarkably rewarding to the exhibitors, visitors and other stakeholders.
The committee Chairman appealed to the Federal Government to focus on seeing that auto spare parts manufacture in Nigeria is used to drive the policy of automobile manufacturing in Nigeria. “Spare parts production is the place where the real technology transfer takes place.
It involves precision and proper planning more than the coupling that takes place in assembling. Encouraging spare parts production will give rise to the establishment of more Original Equipment Manufacturers and increase employment,” Agwu argued.
He also said that government should increase its support to companies operating in the sector, because “it is a sector that affects virtually everything. It occupies prime position in the economy.
If it is not done now it will in the very near future affect a whole lot in the life of the people and economy. The challenges of hosting this event are becoming higher, but our drive in continuing is that the sector must not be allowed to die.”
Urging every stakeholder to endeavour to participate in the parts expo and avail themselves of the opportunity to showcase their capabilities and potentials, Mr. Ifeanyi Agwu further remarked, “The Autoparts Expo segment of the event is doing well and we are looking at involving a lot countries in West and Central Africa in the edition.
This we have kick-started by extending invites to players in the autoparts business in those countries to visit the fair.”