Agbado Oke Odo Summit’ll boost trade, employment -Organisers

Agbado Oke Odo Summit'll boost trade, employment -Organisers
L-R: Chief of Staff to Lagos State Governor, Mr. Tayo Ayinde; Chairman, Board of Trustees, Musical Youth Fiesta Initiative (MYFI), Senator Oluremi Tinubu; Governor Babajide Sanwo-Olu and Board member of MYFI, Pastor Kunle Ajayi during a meeting with the Governor at the Lagos House, Marina, on Tuesday, June 15, 2021

The Chairman, Organising Committee of the Agbado Oke Odo 2021 Summit, Mr Sheik Olayemi Subaru says the  the 2021 summit is expected to boost intra and inter African trade while also addressing  high youth unemployment in the Lagos State.

Subaru stated this while addressing a news conference in Lagos on Tuesday.

According to him, the Agbado Oko-Ode market is ranked second largest after Mile 12 market, pointing out  that the summit will  feature professionals that will  deliver professional advice to market traders.

He said  there would be trainings and workshops organised for  the traders by the summit and urged participating market associations to  take advantage of  opportunities, offered by the summit.

“These are some of the things we are trying to achieve, so that they can add value to our products and  services and like I said, every  economy revolves round human capital development, just to make sure that we put the right food on their tables and make sure people are happy with their various trades.”

“Agbado-Oke-Odo have been carved out to be the biggest market  in Alimosho Local Government Area of Lagos in terms of population and land mass and probably the largest market  carved out of the 10 communities making up  Alimosho LGA,” he added.

He said the summit also sought   ways to engage  minds of  youths in its bid to stop youths restiveness.

He, however commended  the Lagos state government’s efforts aimed at making lives better for residents.

“I must commend our Governor, Mr Babajide Sanwo-Olu  for giving us the support especially in this local government and presently,  we are building the ICT market and by the time the ICT market is  completed, it will help to alleviate poverty, create more revenues for the local government and create  more job opportunities for our unemployed youths.

“This local government is ready and that is why we are trying to sensitise our people that when those facilities come on board, they will be able to take advantage of the opportunities they offer.”

Olayemi added that the summit would also help to boost local production,  taking into cognisance, the need to produce quality goods, pointing out that it   was one of the surest ways locally produced goods could  compete at the  international market.

He said: The African Continental Free Trade Area (AfCFTA) is a border less trade pact, but we are not manufacturing enough to compete, they will  just dump on us because we are not prepared, but if we are prepared, we can  sell our own too but when you have an open market where everybody is bringing and if you have nothing to offer, then there is a problem, so what we are trying to do is to sensitise our people that we need to be more active, more engaging and more productive”.

Speaking further, he said beyond the  workshop,  the organisers would try to reach out to locals through its  train the trainers workshops and  through their various organisations and  associations  to create an avenue to advise   and empower them with  requisite knowledge needed to play in a competitive market.

He urged  the Federal Government to address the scourge of insecurity in the country, stressing that the menace was as a result of high level of youths unemployment.

He said empowerment programme for the, a training programme on how they could identify opportunities and grow their businesses would be available at the summit.

He said discussions were ongoing with micro finance institutions to make funds available for businesses at friendly interest rates.