Lagos Council To Construct Roads At N20b
By RAHEEM IBRAHIM


LAGOS - The Amuwo- Odofin Local Government Council in Lagos has concluded arrangement to reconstruct all the roads in Festac Town with concrete in order to make it durable at the cost of N20 Billion.


The council boss comrade Adewale Ayodele who made the disclosure while fielding questions at a media parley on the achievement of his administration said the move becomes imperative in order to give the roads the status they deserve.


He however said the roads will be tolled to enable the financiers recoup their money, disclosing that the duo of construction giants of Julius Berger and the China Civil Engineering and Construction Corporation (CCECC) have begun preliminary work on the project.


His words, “We are looking for N20 billion for the reconstruction of the roads, we want to make them durable. They have become so bad because they were constructed with just literate, they have no stone and concrete, but we want to use asphalt so that they can last longer”.


On the funding, the chairman said some options are being considered by the stakeholders, which include offshore, local bank which will attract 20% and bond which will also attract 4%.
While commenting on the toll, he said the council on the understanding that residents are mostly retirees, has decided to make payment simpler, saying they will be made to pay between N15, 000.00 to N20, 000.00 monthly at four installments, while motorists on transit would be made to pay a fixed charge that is commensurate with best practice.


He pointed out that most of the roads were constructed with mere literati without asphalt and concrete befitting a residential enclave of international repute which the town represents, leading to the dilapidating and bad condition which they are presently.


Ayodele said the town was built for merely 300,000 people, adding that the population has in the course of time increased to 800,000, which had brought pressure on the roads and other available infrastructure.


The council boss blamed the Federal Government for the predicament of the roads and for allowing them to suffer neglect for so long a time, even as he appealed to the Federal Housing Authority (FHA), the manager of the estate to live up to its billings.


He stressed the determination of his administration to address infrastructural decay, economic issues and future opportunities for growth and transformation necessary to achieving the economic vitality and prosperity desired in the council area.


http://www.nigerianobservernews.com/04112009/news/national/news3.html

na China man dem give contract----- na wa oooh.

sounds good to me. Bravo.

LCCI targets 1.5 million visitors as trade fair begins tomorrow
Business Nov 4, 2009 By Franklin Alli

The Lagos Chamber of Commerce & Industry (LCCI) has targeted over 1,500,000 visitors from within and outside the country as the 2009 edition of the Lagos International Trade Fair, kicks off tomorrow.

A source from the Chamber, Tuesday, told Vanguard, that each year the fair attracts more than 10,000 visitors per day (estimate from tickets sold), and hundreds of exhibiting companies, stressing for the ten days we anticipate 1.5 million people to visit the fair including businessmen, investors, consumers, top government officials and representatives of Nigeria’s important trading houses and those seeking joint-venture partnerships.

Dubbed as the ‘biggest and the best’ trade expo in the country organisers said that the fair offers a unique exposition for manufacturers, suppliers, buyers and users of a wide range of goods and services as well as opportunities for investment and trade promotion.

The source further disclosed that although, the LCCI has acquired a new site for future hosting of the annual fair, yet the fair will still be holding at the Lagos International Trade Fair Complex, Lagos-Badagry Expressway in Lagos, until work is completed at the new site.
However, trade fair experts say trade shows are one of the best ways for companies to get in front of their customers .

“Exhibiting at a trade show offers companies one of the best ways to get in front of a lot of customers and prospects in a relatively short amount of time. Trade shows give firms the opportunity to not only show their product or describe their service, but also create that all important first impression,” According to a Simmons Market Research Bureau study, 91 per cent of respondents ranked trade shows as “extremely useful” as a source for product purchasing information. This was higher than any other source, including on_site visits from reps. Also, nearly half of the respondents had purchased products or services at the trade show.

At a typical national trade show, with 10,000 attendees and 1,000 exhibitors, a firm can realistically have 200 visitors per day.
If you were making sales calls, you could not even approach that number. Granted, you don’t always have the opportunity to go into as much detail in your presentation as you would like, but it opens the door for future communications _ a door that sometimes is very difficult to get your foot into.

So for most companies, trade shows are worth the effort.
In fact, before a company decide wether or not to attend a trade show it is worthwhile to pounder about what that might say to your current customers who expect to see you there.

This is especially damaging if your company has been through recent staffing/management changes, mergers, acquisitions, or other changes your clients may have caught wind of. Your competition will use your absence to their advantage. This doesn’t mean you can’t ever stop attending a show, but just be sure you think about whom you see there and what your company’s absence may lead them to believe. If necessary, send a post card to your primary clients that you know attend that particular show, and explain your decision to attend show B rather than show A.

Before you even start looking for shows, you need to set your goals. To help you do this, there are four questions you need to ask yourself: Why are you exhibiting?

Are you trying to extend your relationship with existing customers?

Introducing a new product? Positioning your company within the market? Generating qualified leads for new sales? Countering a competitor’s claim? Who is your target audience? What is the message you want to convey?
What do you want to get out of the show? Do you want to bring home leads, sell your product/service, or create/improve/build upon your company image? You need specific, measurable goals if you want your trade show activities to succeed.

20 billion

ikeyman00:

20 billion

It' only 133 million dollars.