Lagos State government has opened new doors through which investors can inject more cash into its economy, according to Governor Babajide Sanwo-Olu.
He stated this yesterday at the Lagos Pre-Summit Investors’ Roundtable.
The governors listed tech, agriculture, tourism, healthcare, transportation among others as critical areas with huge investment opportunities.
Sanwo-Olu and his team in the State Executive Council reeled out new investment focus and areas of opportunities before potential investors at the third edition of Africa Social Impact Summit (ASIS 3.0).
At the event were business leaders, multilateral chambers of commerce, financial services executives, among others.
Sanwo-Olu said the state is projecting a positive economic outlook, given its expanding population and development of sustainable infrastructure to drive growth.
In spite of the challenging terrain in which many businesses operate, Sanwo-Olu said the state’s economy had demonstrated remarkable resilience to sustain existing businesses and welcome new investment.
He said the state has a 30-year development plan, developed in 2022 post-COVID to drive the needed development in the state.
He said: “The Lagos State 30-year development plan was conceived in 2022 post-COVID. We vowed to never again would we sit back and let such global shock happen within our environment. We decided to set up a plan that will outlive us. We will not be in government in 2052, but there was need to be audacious, and let other leaders come and tweak it, and add whatever we did not think through.”
Sanwo-Olu said the state will become one of the leading human capital centre in the world by 2052, adding that the rising population that will be a provider of skills needed not only in Africa but other parts of the world.
Source: Nation
