Sponsored
Industry

TG Expo To Hold Maiden Edition Of Machinery, Metal And Steel Exhibition

Sponsored
Sponsored

TG Expo, an international trade fair organiser, will host the first ever Machinery, Metal & Steel Exhibition in Nigeria at the Expo Center of the Eko Hotels and Suites, Victoria Island, Lagos from 18 to 20 October 2017.

The 3-day event, that will have in attendance industry professionals and government officials, will showcase products like pipes, tubes, wire, cables, sheet metal, environment protection, energy conservation, filtration and separation, nano-technologies, induction furnace and heat treatment, safety equipment and technology and smelting and refining in the industrial products industry to name a few.

The fair is also expected to attract manufacturers and suppliers, machinery and technology professionals, equipment and technology professionals and technology services experts.

Base metals and metal products will also be showcased at the exhibition as they are mainly used by oil and construction industry, where both the Nigerian government and private sector are heavily investing in.

Being a member state of ECOWAS, Nigeria acts as a trade gateway to other West African states. Nigeria, with its 1.1 Trillion USD GDP (PPP) and population of 186 million is the largest economy in Africa and due to recovering oil prices, Nigeria is expected to record positive growth rate in 2017.

A Central Bank of Nigeria report shows that Nigeria currently imports steel, aluminum products and associated derivatives of approximately 25 metric tones per annum estimated at $4.5 billion.

In 2015, Nigeria imported $4.5 Billion worth of iron and steel goods.

This makes the country 52nd largest importer in the world with machinery and metal & metal products as its major imports.

Nigeria’s major aluminum imports include aluminum plates, profiles, structures, bars and doors, windows and their frames & thresholds.

These product groups account for 18% of Nigeria’s entire imports.

Nigeria is a net importer of machinery as its imports in 2015 amounted to 4.52 billion USD. 11.1% of Nigeria’s aggregate imports in 2015 were machinery imports.

Nigeria’s top machinery imports include taps, cocks, valves and similar appliances for pipes, boiler shells, tanks used in oil industry, machines and mechanical appliances having individual functions and pumps for liquids, whether or not fitted with a measuring device.

TG Expo was founded in 2008 with ‘Think Global’ insight.

The company brings together leading exporters with their target markets to do business.

TG Expo enables exporter companies to communicate, do business and experience new markets.

As of today, TG Expo Group has organized exhibitions in France, United Kingdom, USA, Australia, India, Brazil, United Arab Emirates, Kuwait, Qatar, Saudi Arabia, Iran, Egypt, Nigeria and South Africa.

The exhibitions have been in the areas of healthcare, medical equipment, electricity, design, furniture and marble sectors.

TG Expo Group, accredited by the Republic of Turkey Ministry of Economy, supports export companies to grow their attempts and business development processes which contribute to national and international economy.

TG Expo has since inception provided an opportunity for more than 1000 export companies to penetrate into their target markets.

Sponsored
Funsho Arogundade

Recent Posts

All Road Leads To Alimosho LG For Ohanaeze Ndigbo General Assembly Meeting

Alimosho Local Government will be the center of attention for Ndigbo in Lagos as the…

5 hours ago

AICL Expands Youth Enterprise Drive, Awards N9.75m To Innovative StartUps Across Three Sectors

The Abuja Investment Company Limited (AICL) has reinforced its commitment to youth entrepreneurship and innovation…

6 hours ago

Guinness Nigeria Announces Strong Q2 Results, Declares Additional ₦7 Interim Dividend Per Share

Guinness Nigeria Plc has announced its unaudited financial results for the quarter ended 30 June…

6 hours ago

Osun 2026: Accord Stakeholders Escalate Showdown With Gov. Adeleke Over Gbenga Hashim

The political crisis brewing within the Accord Party in Osun State deepened on Tuesday as…

7 hours ago

GTCO Announces 16th Annual Autism Conference And Free Consultation

Guaranty Trust Holding Company Plc, GTCO, has announced full plans for its 16th Annual Autism…

8 hours ago

From Hallelujah FC to Benfica: Seimeyeha Janet’s Inspiring Journey to European Football

For every young footballer who laces up a pair of boots in search of a…

9 hours ago
Sponsored