By Ayomide Otitoju
Lagos State Governor, Babajide Sanwo-Olu, on Monday called on local and international investors to channel investments into Lagos, emphasizing the State’s readiness to partner with the private sector to drive development.
Speaking at the Nigeria-UAE Investment Forum, “Investopia Global Africa,” organized by the Federal Ministry of Industry, Trade and Investment at Eko Hotels and Suites, Victoria Island, Lagos, Sanwo-Olu assured investors of a secure business environment and robust infrastructure support from his administration.
“Lagos is positioning itself as a leader in Nigeria’s economic conversation, with strong backing from the Federal Government. I want to assure all our investors that Lagos is a willing and ready partner. We are removing bureaucratic bottlenecks and creating an enabling environment for businesses to thrive,” he said.
The Governor highlighted key infrastructure projects under his administration, including investments in the Lekki Deep Sea Port, the upcoming Badagry Port, plans for a new international airport, and the largest logistics hub for agribusiness markets in Lagos.
Sanwo-Olu also spoke about the Lagos International Financial Centre (LIFC), a joint initiative between the Lagos State Government and EnterpriseNGR, aimed at boosting the state and national economy. “We started the LIFC journey in 2023 and are receiving significant global support. The model will be both African and Nigerian, designed to remain competitive and attractive to investors globally,” he said.
The Governor emphasized that the LIFC is not just a Lagos initiative but a national conversation intended to unlock investment and position Nigeria on the global financial map.
