• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 24, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Naira, fuel scarcity takes shine off 44th Kaduna International Trade Fair

Trade Fair

The Matters Press by The Matters Press
February 7, 2023
Reading Time: 2 mins read
0
Fair exhibitors adopt strategies to boost sales

Trade

Inadequate publicity, Naira re-design and fuel scarcity, have combined to take the shine off the ongoing 44th Kaduna International Trade Fair.

RELATED POSTS

PBAT expands military structure, approves more recruitment

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

The venue of the fair known for its hosting of national and international participants, has lost its bubble.

Some stakeholders said the intractable security problem afflicting the Northwest states, was the first challenge that started affecting the Fair some years back.

“The security challenges started it all, and after dealing a heavy blow on the event for some years running, Naira re-design and fuel scarcity have joined the fray this year.

“Honestly, the International event this year, is a shadow of its former self; people are struggling at fuel stations, ATM points and PoS centres, therefore, visiting Trade Fair Complex is not a priority.

“Come to look at it, where is the fuel to use in the car to get to the venue? or worst still, where is the money to make purchases at the Fair?”, remarked a stakeholder who did not want his name mentioned.

The Director-General, Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA), Dr Usman Saulawa, confirmed some of the hiccups.

He said that the new Naira Notes policy and perennial fuel scarcity had contributed to low turn-out of participants.

“The re-design of Naira has, in no small measure, affected this year’s Trade Fair, most especially those that wanted to come, construct their stands, exhibit and make on the spot sales.

“To a very great extent, the Trade Fair is also being affected by fuel scarcity, making it extremely difficult for both visitors and exhibitors to attend; this has left us with only few exhibitors and visitors”, he lamented.

Meanwhile, some of the traders and exhibitors at the Fair are also lamenting the low turn-out, saying the development has resulted in poor patronage of their wares because customers were coming in ‘trickles’.

Mr. Bright Tony who came all the way from Lagos, said participants were not much, just as he noted that customers were less, attributing the development to Naira re-design and fuel scarcity.

“Anybody that wants to buy cannot access new Naira Notes easily; even if they want to transfer electronically, the network is not reliable, so it is affecting us negatively.

“Fuel scarcity is another thing affecting the business seriously; I spent thrice, the amount I budgeted for logistics; I pray I do not incur heavy losses this year”, he fumed.

Mrs Rukayya Abdulrazak, a kitchen ware vendor, said scarcity of cash had affected them, saying people were not coming due to hike in transport fare as a result of fuel scarcity.

On her part, Mrs Mary Oyedoko, said she hoped customers would come by Monday, even though there had been serious challenges transferring money electronically, due to bad network.

Also, Mr.Samuel Okpole from Siperco Nigeria Ltd, said he could not come early to the Fair venue due to fuel scarcity, saying he came all the way from Lagos to create awareness about the brand of his product.

“As I speak with you now, I do not have one Naira in my pocket; I have money budgeted for this exhibition in the banks; neither the PoS or banks are willing to give cash.

” I do not have even N100 to buy bottle water because the people selling water do not have PoS, and have refused to accept transfer”, he lamented.

The Fair, which is the 44th edition, kicked-off on Feb.3rd, and will last for 10 days.

Tags: Trade Fair
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Reduction in security breaches by 65%, an unprecedented feat in 13 Years
News

PBAT expands military structure, approves more recruitment

July 24, 2026
Swiss Bank expects profit of $50bn
Economy/Technology

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

July 24, 2026
Nigeria, WFP worry over food situation
Economy/Technology

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

July 24, 2026
Tinubu signs amended electoral Act
Economy/Technology

Nigeria gains more global recognition -PBAT

July 24, 2026
Infrastructure gulp N2,7tn in Nigeria
Economy/Technology

Tinubu turning Nigeria into massive construction site

July 6, 2026
Covid-19 causes GDP’s contraction
Economy/Technology

Slash in vehicle import levies will reduce financial burden on Nigerians-TMV

July 6, 2026
Next Post
NDIC gives hope to customers of Fortis Bank

NDIC boss predicts upsurge of MFBs on board NAMBUIT platform

How NNPC is solving lingering petrol scarcity

Techno Oil to provide 24 hours service to tackle fuel scarcity – MD

Recommended Stories

FMDQ’s turnover hits N24.03trn in September

FMDQ approves registration of Agro-allied company’s N20 bn CP programme

June 19, 2022
SEC frowns at resurgence of Ponzi schemes

SEC moves to galvanise capital market for infrastructure development

November 18, 2023
First bank commits to spur SMEs

First bank commits to spur SMEs

December 10, 2018

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PBAT expands military structure, approves more recruitment
  • Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*
  • Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us