June 16th to 18th 2021,  Landmark Centre in Lagos, Nigeria  +44 (0) 2476 158099

Tag: nigeria

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Nigeria’s land borders to be reopened soon, minister announces

Nigeria’s land borders may be reopened soon after been closed since August 2019.

Zainab Ahmed, The Minister of Finance, Budget and National Planning, gave a announcement yesterday during a interview with the State House correspondence. Ahmed stated that the presidential committee which implemented the restrictions were pleased with the outcome and recommended the reopening of the borders.

Nigeria closed its land borders in August 2019 to halt the illegal importation of agricultural products into the country from neighbouring West African countries.

She indicated the committee will shortly submit a report to the President, Major General Muhammadu Buhari, and a formal announcement on the matter will be made on the matter following from his decision.

Although Ahmed stated that the committee were pleased with the regulations, she did not indicate when the report will be submitted to the president or when the land borders will be officially open.

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Source: The Punch, November 2020

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BtoB Events announces FABWA BWA and WAAS will return in 2021

Three of Nigeria’s most popular trade and retailer exhibitions are set to return in 2021, BtoB Events, the country’s leading exhibition organiser, has announced.

Food and Beverage West Africa will run from June 16th-18th, the West Africa Automotive Show is scheduled for July 13th–15th and Beauty West Africa will take place from November 17th-19th 2021, all to be held at the Landmark Centre, Lagos.

BtoB Events was forced to rescheduled its entire 2020 calendar to 2021 due to the continued disruption that the COVID-19 pandemic is having on global travel and commerce.

The 2021 exhibitions will be opened in accordance with the All Secure Standard for the global reopening of exhibitions post COVID. Attendees and exhibitors can be reassured that they will be safe and feel relaxed in the business-friendly environment onsite.

Jamie Hill, BtoB Event’s Managing Director, told journalists, “We’ll be creating new features across our portfolio whilst also exploring new ideas and opportunities brought about digitally during the pandemic. We’re all really excited about re-energising our exhibition portfolio across Nigeria in 2021 as there is a huge amount of pent-up demand for international exhibitions.”

“We are excited by the interest we have had expressed to us already and are looking forward to welcoming new exhibitors, country pavilions and attendees to our leading trade fairs covering the Food, Automotive and Beauty Industries.”

Retailers and distributors in Nigeria will be familiar with the exhibitions with thousands having visited the events which promote local enterprises and SMEs alongside major regional and international companies.

Regarded as the best food and drink exhibition of its kind in the region, FABWA hosted 130 exhibitors and attracted 4,300 professional visitors from across West Africa in 2019. In addition to more international pavilions and VIP attendees, the 2021 show will boost the visitor experience with an expanded conference and presentations programme.

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Source: The Guardian, November 2020

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State Governor approves full reopening of Lagos markets

The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the reopening of Markets within the Lagos state.

The announcement was made by the Lagos Commissioner for Local Government and Community Affairs, Dr Wale Ahmed, this morning. The statement highlighted that both food and non food markets can be reopened and operate every day of the week (Monday-Sunday).

The news has been met with great enthusiasm and energy from traders and distributors, as currently the markets were limited to opening on Monday, Wednesday and Friday.

The statement from Dr Wale Ahmed read in part, “Mr Governor took the decision to further enhance trade and commerce and mitigate the hardship of recent times and ensure that Lagosians can recover fast.

“Mr Governor also advised the continued observance of all safety protocols.

“Traders and their customers must adhere strictly to the COVID-19 protocols for their safety and the citizenry at large.”

To read more, Click Here

To Register your attendance to the Food and Beverage West Africa Exhibition for free, Click Here

Source: The Punch, October 2020

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Food and Beverage West Africa postponed until 2021

As highlighted in previous communications, the BtoB Events Ltd team have been carefully monitoring the situation regarding the pandemic and the effects that it will have on the hosting of the Food and Beverage West Africa Exhibition. Despite the outlook in Nigeria being rather encouraging, with the case numbers reducing on a daily basis and the international airport opening earlier this month the global picture is not quite as promising.

We recently introduced a survey for our all of our exhibitors and partners requesting their feedback and preference with regards to when to host the next edition of FAB West Africa. The feedback we receive is absolutely paramount to us, and over 90% of exhibitors confirmed that they would prefer for the exhibition to take place in 2021 as opposed to December 2020. We have therefore decided that the correct decision is to postpone the FAB West Africa exhibition to new dates in 2021.

The new dates for the exhibition will be June 16th – 18th 2021, at the Landmark Centre, Lagos, Nigeria.

These new dates provide us with enough time to feel absolutely confident of hosting a fantastic event with a huge turnout. A number of vaccination programs look likely to be rolled out in Q1 2021, which will also help to alleviate any concerns.

The FAB West Africa exhibition will continue to be organised in line with the BtoB Events global ‘All Secure Standard’ for the safe opening of exhibitions.

Kind Regards

The Food and Beverage West Africa Team

For more information on you can exhibit at FAB West Africa 2021, please Click Here

To register your attendance as a visitor for free, please Click Here

 

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Nigerian airports scheduled to reopen for international flights on August 29

Aviation Minister Hadi Sirika says four flights will begin landing daily in Lagos and four in Abuja.

Nigeria’s aviation minister has said the country will reopen its airports for international flights from August 29, introducing protocols to minimise the risk of COVID-19 infection.

Home to some 200 million people, Africa’s most populous country has registered 49,068 confirmed Coronavirus cases and 975 related deaths. Some 36,500 people have recovered so far.

Mr Hadid Sirika was quoted saying “Glad to announce the resumption of international flights from the 29th of August, 2020. Beginning with Lagos and Abuja as we did with the domestic flight resumption. Protocols and procedures will be announced in due course. We thank you for your patience.”

Nigeria resumed domestic flights on July 8, and Sirika said there had been no confirmed coronavirus transmissions on flights.

To read more, Click Here

Source: Aljazeera, August 2020

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Nestlé-IDH partnership to boost sourcing practices in Central and Western Africa

Multinational food and beverage giant Nestlé has signed a Memorandum of Understanding with IDH Sustainable Trade Initiative, as part of the Grown Sustainably in Africa (GSA) programme.

The three-year partnership aims to support 25,000 farmers and 50 SMEs, as well as open up new markets for them in Cote d’Ivoire, Ghana and Nigeria, increasing employment and food security.

According to Nestlé, the collaboration seeks to develop and empower these farmers and SMEs to help Nestlé meet its goal of boosting its responsibly and regionally-produced raw materials used in the local production of its Maggi, Milo and Cerelac brands from 60% to 70% by 2022.

According to the Food and Agriculture Organisation (FAO), the agricultural sector helps to support food security and eradicate hunger in the region, contributing about 15% of total GDP. However, based on current trends, the food production system in sub-Saharan Africa will only meet 13% of its food demand by 2050.

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Source: Biz Community, May 2020

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President Signs COVID-19 Regulations

President Muhammadu Buhari last night in Abuja gave legal teeth to his Sunday night directive that has locked down Lagos and Ogun States as well as the Federal Capital Territory (FCT), by signing the Covid-19 Regulations 2020 in accordance with Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004).

The regulations declared Covid-19 as a dangerous and infectious disease.
A statement by the president’s media adviser, Mr. Femi Adesina, said the regulations, which took effect from yesterday, March 30, 2020, would serve as a legal backing to various measures unveiled by the president during his national broadcast on March 29, 2020.
The statement also said such measures like the restriction/cessation of movement in Lagos, Federal Capital Territory (FCT) and Ogun State, among other decisions are aimed at containing the spread of the pandemic in the country.

The statement added that in addition to measures aimed at enabling Nigerians to perform on-line transactions and use automatic teller machine (ATMs) during these restrictions, the regulations grant exemption to the financial system and money markets.
The financial system exemption, the statement added, was aimed at allowing very skeletal operations with a view to keeping the system in light operations while these regulations subsists.

The statement read: “In exercise of the powers conferred on him by Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004), and all other powers enabling him in that behalf, President Muhammadu Buhari, Monday, signed the Covid-19 Regulations, 2020, which declared Covid-19 a dangerous infectious disease.

“The Regulations, effective March 30, 2020, also gave legal backing to the various measures outlined in the President’s National Broadcast on March 29, 2020, such as Restriction/Cessation of Movement in Lagos, FCT and Ogun States and others toward containing the spread of the pandemic in the country.

“In addition, to ensure that Nigerians can still perform on-line transactions and use ATMs whilst observing these restrictions, an exemption is granted financial system and money markets to allow very skeletal operations in order to keep the system in light operations during the pendency of these regulations.”

To read more, Click Here

Source: This Day, March 2020

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No More Debate: Nigeria Tops South Africa as Africa’s Biggest Economy

Nigeria powers ahead as being the largest economy in Africa. As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy.

The debate between the two largest economies in Africa, South Africa and Nigeria, has finally been settled.

Africa’s gross domestic product, is the biggest economy on the continent has long depended on which exchange rate you use for the West African nation.

But now both the official naira rate of 306 per dollar and the weaker market exchange rate of around 360 that almost all investors use put Nigeria tops.

Nigeria’s economic growth beat forecasts in the fourth quarter, helping its economy to expand the most in four years in 2019 as oil output increased and the central bank took steps to boost credit growth.

GDP in the West African country stood at $476 billion or $402 billion, depending on the rate used.

To read more, Click Here

Source: Business Day, March 2020

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Concerns rise over annual importation of 700,000mt of sugar into Nigeria

The Federal Government has raised concern over the annual importation of about 700,000 metric tonnes (MT) of sugar into the country despite the abundance of the resource locally. 

The Minister Trade and Investment, Adeniyi Adebayo, who was on a facility tour of the Flour Mills Nigeria Plc Sunti Golden Sugar Estates, in Mokwa, Niger State, stressed the government’s readiness to support the private sector in ensuring Nigeria achieved self-sufficiency in sugar production.

The move comes against the backdrop of the implementation of the Nigeria Sugar Master Plan, aimed at attracting over $1 billion annually in local and foreign direct investments, and creating an estimated 107,000 jobs over the first 10-year period.

The Minister said efforts by the private sector to boost sugar production would go a long way in reducing the level of unemployment, saying: “Nigeria is working towards being self-sufficient in sugar, we have been able to do it in cement, and we are trying to do it in sugar.

“As time goes on, we will not import sugar anymore; we will produce more than enough for our use and possibly export. We also want to take advantage of the Africa Developmental Free Trade Area Agreement, so that we can export to other African countries,” Adebayo said.

However the Chairman Suntai Golden Sugar Estates, John Coumantaros, disclosed that it has invested about N64billion into production in the country, and still intends to invest an additional N34billion in infrastructural development for the host community and the factory.

He disclosed that Nigeria consumes about 1.3million MT, while the Suntai and Savanah Farms produce about 600,000MT, meaning, the country imports 700,000MT of sugar annually.

The Chairman disclosed that added that the company plans to engage over 60,000 Nigerians in direct and indirect employment over the next 10 years, adding that “with about 17,000 hectares of land they would be producing about 100,000-150,000MT of sugar when the land is fully developed, we currently produce for the local market.”

To find out more, Click Here
Source: The Guardian, January 2020

news and events

Anticipation builds ahead of Lagos’ new international food and drinks trade show

Food and Beverage West Africa is expecting more than 5,000 visitors for 150 exhibitors

Food and Beverage West Africa, a new international food and drinks trade exhibition in Lagos, Nigeria, will create new opportunities for local businesses.

Food & Beverage Shows and Exhibitions Lagos, Nigeria , West Africa
Owners and people working across the food retail, distribution, catering and hospitality sectors can meet with representatives from more than 150 exhibitor companies from 20 countries at the show which opens its doors from June 18th to 20th 2019. With free admission, more than 5,000 visitors are expected to attend the three-day event at the Landmark Centre on Victoria Island.

Nigerian businesses are well represented, accounting for a third of exhibitors! Food and beverage businesses from Benin, Morocco, South Africa and Kenya are also participating. Additionally, there will be national pavilions for Egypt, Denmark, India, Pakistan, Turkey, Indonesia, and Sri Lanka, with exhibitors also travelling from as far away as New Zealand, China, the Philippines, the Middle East, and from across Europe.

The exhibition organisers is the team from BtoB Events, who had a great success with the launch of the Beauty West Africa exhibition last November. Later on this year, they are also launching the West Africa Automotive Show which is also in Lagos. BtoB Events’ Managing Director Jamie Hill remark: “Food and Beverage West Africa is the premier exhibition dedicated to West Africa’s food and beverage industry. “The exhibition will bring a host of guests and exhibitors from around the world together under one roof, to celebrate and explore future opportunities within the Food & Beverage industry. Guests can discuss opportunities face to face and start to build those all-important business relationships for future success.” Mr Hill wants to emphasise the importance of the role of local and regional businesses, with a dedicated SME Zone showcasing Nigerian small and medium enterprises (SMEs). “This will enable local SMEs to benefit from this annual platform and showcase what they have to offer alongside the local and international power houses across the sector,” says Mr Hill. “By offering local SME’s the opportunity to participate we hope to facilitate their growth in the market and work towards the long-term goal of increasing local production and exports from Nigeria across the region.”

Attendees will also have an opportunity to find out more about trade associations such as REFSPAN (Restaurant and Food Services Proprietors Association of Nigeria) and NASON (the National Association of Supermarket Owners of Nigeria) who are partners for the show. REFSPAN, which until recently has been known as AFFCON, changed its name to reflect its expanding membership from the fast food sector to restaurants in general and food service companies. Members include businesses such as Sweet Sensation, Mama Cass, and Chicken Republic, and it is offering free application forms to visitors to the exhibition.


Several other trader associations are also partnering the event: Eziukwu Road Traders Association, Onitsha Main Markets Traders Union (OMMATU), Ogbaru Main Market Traders Association (OMMTA) Onitsha, Balogun Business Association Nigeria, Oke-Arin Trades’ Association, Lagos, and the Association of Food Vendors in Nigeria (AFVN).
The event’s gold sponsors are Just Foods, West Africa’s leading provider of quality, global food equipment brand, and NASCO, an export and wholesale company based in the UK. Nigeria’s largest hypermarket business, SPAR, is the retail partner.

AgroNigeria is a media partner for the show. Its Executive Director Mrs Idongesit Mbaram described the importance of the event: “There has been a lot of concentration on the agricultural sector by the Federal Government and this concentration is cutting across every value chain in the agricultural sector. So definitely, food and beverage retailing is not the way it was five years ago. More investors and brands are coming up, thereby resulting in keen competition and where there is competition, innovation thrives.” The online community inspiring and motivating food entrepreneurs, FoodPrenuers Hub, has endorsed the show. Olushola Oladejo said: “We are supporting FAB West Africa because it is giving food entrepreneurs like us, a great opportunity to showcase our businesses to the world at the same time partner with international businesses. “The retailing sector in Nigeria is growing fast, due to Nigeria’s rapid urban developments and the country’s fast-growing middle class. This is a huge opportunity for retailers. Supermarkets are also increasing in their numbers across the country.”

While the show is fast approaching maximum capacity, BtoB Events is still inviting applications from exhibitors and potential sponsors who can find out more about the show on the FAB website, https://fab-westafrica.com/ or by contacting Mr Hill on Jamie.Hill@btob-events.com.

Anyone connected with the food and beverage industry, be that retailers, restaurateurs, bar owners, distributors, import/export businesses or regulatory can attend the show free of charge. Due to the anticipated level of interest, the show organisers are encouraging visitors to pre-register online for free at http://fab-westafrica.com/pre-registertoday-online/.

Alternatively, WhatsApp ‘PRESS’ to +2348183818456.

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