The Governor of Lagos State, Babajide Sanwo-Olu has urged native and worldwide buyers to spend money on Lagos, saying the State is keen and able to companion with buyers.
He assured them of his administration’s dedication to offering infrastructure and a safe and protected setting for companies within the State.
The Governor spoke on the Nigeria-UAE Funding Discussion board tagged “Investopia International Africa” hosted by the Federal Ministry of Business, Commerce and Funding at Eko Resorts and Suites, Victoria Island, Lagos, on Monday.
Governor Sanwo-Olu mentioned Lagos State within the final six and a half years of his administration has offered infrastructure throughout the State in numerous sectors and is keen to companion with buyers to do extra for the individuals.
He mentioned, “Lagos is positioning itself, main the Nigerian dialog, and we’re getting super assist from the Federal Authorities as a result of, on the finish of the day, all of these investments sit on the sub-national.
“I wish to guarantee all of our native and worldwide buyers that Lagos is certainly a keen and prepared companion. Regardless of the pink tapes there are, we’re eradicating them. We additionally wish to step again and let the companies run for themselves. The safety setting is protected, sound, and safe.
“Lagos State made an funding within the Lekki Port, which is the largest deep port within the nation. We’re additionally making an precise funding within the Badagry Port. It’s all about partnerships and creating an enabling setting.
“Lagos State is planning, with the assist of the Federal Authorities, to construct one other worldwide airport. That can also be forward-looking. Lagos State can also be planning to construct the biggest logistics hub that can be certain that the entire markets which are within the agribusiness can sit in Lagos and work properly.”
Governor Sanwo-Olu additionally spoke about his administration’s dedication to boosting the State and nationwide economic system by means of the Lagos Worldwide {Financial} Middle (LIFC), which is a joint initiative of the Lagos State Authorities and EnterpriseNGR.
He mentioned, “We have now had intensive dialog across the path of the Lagos Worldwide {Financial} Centre (LIFC). We began this journey in 2023. We nonetheless have one other eight months to a 12 months to lastly unveil it. The great thing about it’s the quantity of worldwide assist that we’re receiving.
“We try to study from numerous areas to convey a couple of mannequin that will probably be a real African mannequin that can work for everybody however will even be a Nigerian mannequin. We are literally considering globally. We’re fascinated by the right way to stay aggressive, resilient, and in a position to play on the identical degree of platforms with different huge cities and different huge markets on this planet.
“The Lagos Worldwide {Financial} Centre we’re speaking about isn’t just about Lagos; it’s actually a dialog about Nigeria, however it must be in a metropolis and a spot the place it will also be engaging and be able to unlock the funding.”