More than 100 farmers, traders and different forms of small and medium scale enterprises (SMEs) have thronged the 4th edition of Wuye Ultra Modern (BOT) Market annual trade fair, Wuye, Abuja, holding holding from December 10- 21, 2019, organised in collaboration with All Purpose Shelters Limited, with theme: “Ensuring food security for all”.
Addressing journalists at the event held Friday in Abuja, Managing Director of All Purpose Shelters Limited, Mrs Yemisi Suswam, said that the objective of the trade fair is to encourage small scale business owners, even as she implored FCT residents for patronage.
She said: “The essence of the trade fair is to lubricate the economy of the country, to create awareness for what we locally produce in Nigeria and to also position the small and medium scale enterprises (SMEs) properly to develop from the micro level to higher level. People don’t have to necessarily wait for white collar-jobs. They should sharpen their skills and become self-reliant and contribute to nation building.
“Some of the goods they could not sell throughout the year, they have brought them to the trade fair given over 10% discount for most of the products. So, I am calling on Abuja residents to come over here to shop for Christmas. This year we are focusing on ensuring food security. Hence the theme is ‘Ensuring food security for all’. There are a lot of policies of government in this direction, but how do we move forward ,if we do not create the readymade market for our local farmer to showcase their products?”
Similarly, the acting Group Managing Director, Abuja Investment Company Limited, Alhaji Abubakar Sani Pai, said the objective of the trade fair is to encourage traders and local farmers, adding that topic for this year’s trade fair is very apt.
Also speaking, the Managing Director, Abuja Market Management Limited, AMML Abubakar Usman Faruk, said 90% of money in the economy come from the informal sector and likened the trade fair to the popular online discount trades.