THURSDAY, 14th October, 2021: The Lagos Chamber of Commerce and Industry (LCCI) has stated that its plans to organise its yearly Lagos International Trade Fair on its permanent site was almost done with.
According to the Organised Private Sector (OPS), it costs the chamber so much money to organise the yearly trade exhibition at the Tafawa Balewa Square (TBS). OPS further added that taking down the structures built with a lot of money for the 10 days event is "bad business".
Speaking on this development, the Chairman, Trade Promotion Board, Gabriel Idahosa while at a press conference to discuss the 2021 Lagos International Trade Fair stated that the chamber is working its hardest to secure a permanent site for the annual trade show. 
He said, "We are very close to achieving that. Two weeks ago, we had some very critical meetings in getting that permanent site. For us at the Chamber, it cost us a lot of money to bring down the huge investment we put together in organising the ten days event. It is bad business.
“It cost us a lot of money to bring ten 500kva generators to power the TBS. Our competitors around the world organise trade fairs of this size on a plug and play basis.
“We are working hard on this and we certainly do not want to make an announcement until it is all done, but I will tell you that we are closer to it than where we were last year.”
Mr. Idahosa also pointed out that the 2021 trade Fair which is themed “Connecting Businesses, Creating Value”, is scheduled to hold from Friday, 5th to Sunday, 14th November 2021 at Tafawa Balewa Square, Lagos, and is expected to attract over 200,000 visitors over the ten-day period.
He said, "Exhibition space of about 28,000 square metres and the number of exhibitors expected are about 1500 exhibitors from about 16 countries."