LAGOS INTERNATIONAL TRADE FAIR COMPLEX MANAGEMENT BOARD ACT

Act · Trade

An Act establishes a management board for the Lagos International Trade Fair Complex to oversee its operations. It targets businesses and event organizers using the facility for exhibitions. This promotes trade connections and investment opportunities for Nigerian enterprises.

LAGOS INTERNATIONAL TRADE FAIR COMPLEX MANAGEMENT BOARD ACT

What Is This Policy?

An Act establishing the Lagos International Trade Fair Complex Management Board to manage, develop, and administer the Lagos International Trade Fair Complex as a permanent exhibition and trade facilitation centre.

Who Does It Target?

Businesses exhibiting at the Trade Fair Event organisers using the complex The Trade Fair Complex Management Board Federal Ministry of Trade and Investment

What Does It Aim to Achieve?

Provide world-class trade fair and exhibition facilities that connect Nigerian businesses with international partners, promote exports, and facilitate investment.

Key Features

Management Board: Establishes a professional management board to oversee the complex. Facilities Development: Board maintains and develops exhibition halls, warehouses, and commercial facilities. Trade Facilitation: Complex hosts annual Lagos International Trade Fair and other commercial events. Revenue Generation: Complex generates revenue through facility rentals, commercial tenancies, and event fees.

Current Status

Rollout Stage: Active — Lagos Trade Fair Complex is operational in Badagry Expressway, Lagos Coverage: National and international trade facilitation Beneficiaries: Nigerian businesses; importers and exporters; trade promotion Funding: Commercial revenues; Federal Government

How to Access

Exhibitors apply to the Management Board for stand allocation Commercial tenants lease space through standard commercial agreements Event organisers apply in advance for use of facilities Application method: Apply to the Lagos International Trade Fair Complex Management Board.

Official Resources

Website: Not publicly available Contact: Lagos International Trade Fair Complex Management Board / Federal Ministry of Trade

Legal Framework

Enacted under the legislative powers of the National Assembly vested by Section 4 of the 1999 Constitution. Operates alongside the Nigerian Export Promotion Council Act, the Nigerian Investment Promotion Commission Act 1995, the Companies and Allied Matters Act 2020, and the trade facilitation policy framework of the Ministry of Industry, Trade and Investment.

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