China, Indonesia, others for12th International Trade Fair in Abuja

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The Abuja Chamber of Commerce and Industry (ACCI) has assured exhibitors that its forthcoming 12th Abuja International Trade Fair will be bigger than the previous editions in terms of number of exhibitors and other participants.

Director-General of ACCI, MrChijiokeEkechukwu, who gave the assurance, last Thursday, in Abuja, listed China, Pakistan, Indonesia, Ecuador, Egypt and even some European countries among many others as exhibitors that would come for the fair.

“The 12th Abuja international trade fair that ACCI is going to hold this Sept. 21 to Oct. 7 is going to be bigger than the previous fairs the organisation has ever held in Abuja. I tell you that we are planning so big and we are in serious collaboration with many countries of the world and many of them have already paid for their stands.

“We are going to have many countries, both local and foreign, and quite unlike before, not much awareness was created for the fair, but this year, greater awareness is being giving for the event. So this year, we are expecting that we are going to have a better, bigger trade fair exhibition,’’ the director-general said.

He commended the Federal Government for providing N220 billion loans scheme for the Small and Medium Scale Enterprises (SMEs), adding that the loans would assist the small scale enterprise holders in their various businesses.

Ekechukwu who called on federal and state governments to remove hindrance like multiple taxation, said: “There are so many taxes that a man who starts his business today will pay such as the corporate tax, P.A.Y.E, tenement rate. I think any country that wants to grow its medium scale enterprises should actually give tax reliefs to its investors.

“In fact Ghana did it recently by giving serious tax holidays to its various businesses and now investors have begun to troop into the country because of the tax relief. And I expect the Nigerian government to do same by giving tax rebate to its investors now that the nation is in economic recession to attract investments’’, Ekechukwu said.

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