CGS, partners clamour to increase N3b worth Nigerian beauty sector

Moses Nosike

Given the economic value of the beauty industry for a growing economy, such as Nigeria with tremendous job opportunities, Compass Global Service, a Nigerian consulting company, joined forces with international exhibition organizers in Dubai / UK, B to B Events, to organize the three-day annual West African Beauty exhibition next month's conference in Lagos from 21 to 23 November 2018. Part of this conference and exhibition is the reorientation of the beauty industry in Nigeria to global competitiveness.

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Compass Global Service, as an international platform for business and business, export promotion, is ready to accept more than 100 companies from around the world, including Nigerian local brands, to showcase their products during the exhibition.

According to Mrs. Tokunbo Chiedu, Compass Global Service CEO, the company is also engaged in business development, new entry into the market, international trade / partnership, and this has more than 10 years been connecting Nigerian and international business with new opportunities and global trade relations, providing access to learning and creating initiatives, including business support / solutions.

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Relying on her experience in the industry, she said that the beauty industry in Nigeria needs to be reviewed, especially in the aspect of training specialists / specialists in the field of beauty in the country. "This is necessary due to the lack of qualified personnel in the sector."

Chiedu further said that it is necessary to invest more in the education sector through technical colleges, government-approved beauty institutes, the introduction of scholarships for those interested in a career in the beauty sector. “The lack of adequate investment in research and development to support the production of cosmetic products and the addition of value to natural ingredients was noted, including problems related to compliance with global standards.

In addition, it is said that the Industry Bank of Nigeria took the initiative to provide financial support for the organization of the conference; while the Nigerian Export Promotion Council provides technical support and training on export market access. The government of Lagos will be represented by Ms. Olayinka Oladundoy-Honorary Commissioner for Trade, Industry and Cooperatives, who will deliver the keynote address “Lagos, a business center for beauty in Africa”. President of the Nigerian Chamber of Commerce of Great Britain; It is expected that Mr. Akin Olavore will receive a welcoming speech at the Beauty West Africa conference to recognize the strategic partnership between Nigerian consulting, Compass Global Business Services and BtoB Events UK Ltd., the organizers of the Beauty West Africa exhibition.

Euromonitor showed that the Nigerian beauty sector is worth N3b, confirming the viability of the Nigeria beauty sector. A skilled and knowledgeable workforce is the foundation of a thriving beauty sector. ”

Leading beauty industry leaders from Nigeria and other West African countries who put their weight on the conference as speakers at the Beauty West Africa conference and exhibition in 2018 include Taru Fela-Durota home of Tara CEO, Pamela Olatunji – medical aesthetics / founder of Spectrum Institute for Beauty, Dr. Vivian Ospa – founder of Derma Care / brand coach Biologique Recherché

They will speak on such diverse topics as “Building strategic partnerships for accelerated tracking of your business in the field of beauty, production 101 -“ Studying standards ”,“ Future of the Beauty Sector in Nigeria and West Africa ”,“ Beauty Services Section ”focused on education : skills / Knowledge transfer and capacity building, introduction to export, creating a successful distribution and retail business. ”

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