Lagos State Governor, Babajide Sanwo-Olu, has called on investors to take up the numerous opportunities for investments available across various sectors in the State, saying “We still have a lot of additional spaces for you”.
Governor Sanwo-Olu recently made the call at the Lagos Investment Roundtable, organised by the Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI), to showcase the State’s investment potential to frontline investors and businessmen in Lagos with the theme: “Opportunity Made In Lagos, The Smart Investors’ Choice”.
Speaking at the Roundtable, the Governor stated that the theme was not just a cliché but a call to action and partnership to discerning and cautious investors, saying to be present in Lagos is to be positioned as the heartbeat of Africa’s economy.
His words: “Our administration has been setting the pace through monumental investment in transportation by developing road and rail infrastructure to improve commuting within the State. We have also upgraded water transport by injecting new ferries and establishing a Command and Control Centre for surveillance and monitoring of the water routes round the clock.
“But the doors are not closed yet and there are still a lot of additional spaces for you. We can create a dedicated corridor for you if you are interested in transportation, and we are willing to open opportunities for investment in any sector you may have developed interest”.
According to Sanwo-Olu, Lagos is curating a special tourism programme around Onikan and JK Randle Centre for Yoruba Culture and History to further accentuate the State’s tourism activities while more resources will be allocated to developing the tourism potentials of Badagry.
“The 180-kilometre Lagos Atlantic coastline presents a formidable investment window for discerning investors and we are eagerly waiting for your proposal to see what you can do with that vast natural endowment”, he said.
Earlier in her welcome remarks, Commissioner for Commerce, Cooperatives, Trade & Investment, Folashade Ambrose-Medebem stated that despite macro-economic challenges like currency fluctuations, inflation and economic uncertainties, Lagos has demonstrated remarkable resilience and unending spirit that defines the great State, as the Government remains committed to infrastructure development and economic stability by undertaking significant investments in transportation, such as the Blue and Red Rail Lines and Lagos State Waterways Authority (LASWA) ferries, leading to improved citizens connectivity, reduced climate change and logistics costs, enhanced productivity and economic activities.
“Lagos State is also at the forefront of promoting sustainable development and social inclusion. Designated as an SDGs accelerator and innovation hub for the South-West region by the UNDP, Lagos underscores its commitment to leveraging innovative solutions to address local challenges and improve residents’ quality of life.
“Our gathering today reflects our collective efforts to foster an environment where innovation thrives, businesses grow, and residents’ quality of life improves. The achievements of Lagos State highlight our enduring spirit and steadfast dedication to progress and development”, she said.
Group Managing Director, ETK/Technical Partner to the Ministry on the Roundtable, Bolaji Sofoluwe commended the State for its leadership role and for showing good example in responsible and responsive governance, in addition to pledging the support of her organisation to the State.
Chief Operating Officer, Alitheia Capital and a Partner, Yewande Adewusi applauded the State’s proactive leadership and reforms that have set it apart as an economic force not only in Nigeria, but also in Africa.
