Sanwo-Olu urges investors to take advantage of Lagos market

Governor Babajide Sanwo-Olu, on Friday, urged investors to take advantage of the market that Lagos represents.

A statement signed by his Chief of Staff, Gboyega Akosile disclosed that the governor during a courtesy visit by the African Delegation from World Economic Forum (WEF), at Alausa, Ikeja,  said Lagos State is the best place to do business, and that his administration, having attracted a lot of significant investments into the State, will continue to make Lagos attractive for investors.

The delegation was led by the Head of Regional Agenda Africa of WEF, Chido Munyati and the Community Lead, African Regional Agenda, Mrs. Abir Ibrahim.

Sanwo-Olu, who was represented by the Commissioner for Economic Planning and Budget, Mr. Sam Egube, said Lagos understands its role not only for development but as a national asset.

He said: “To lift Lagos requires a combination of partnerships. The responsibility to lift Lagos and Nigeria requires a significant amount of partnerships. So, we welcome the partnership you offer from the World Economic Forum.

“In our 30 years development plan in Lagos, we prioritise sectors that we want to focus on and we want people to participate wherever they are and take advantage of the market that Lagos represents.

“We need a lot of partners that can invest in good projects. Lagos is an investment destination. We have attracted a lot of significant investments into Lagos.”

Earlier, the Head of Regional Agenda Africa of World Economic Forum, Chido Munyati, said they are offering partnerships with Lagos State Government in urban regeneration, housing, transport, and mobilising capital for investments in Lagos.

Also at the event, the Commissioner for Finance, Dr. Rabiu Olowo, commended the African delegation from World Economic Forum for seeking a partnership with the Lagos State Government

Also speaking, the Special Adviser to Governor Sanwo-Olu on Works and Infrastructure, Engr. Aramide Adeyoye said Lagos is in dire need of partnerships from the private sector because the government cannot do it all.