Lagos State Governor, Babajide Sanwo-Olu, has highlighted the state’s growing investment potential at the Commonwealth Trade and Investment Summit in London.
Eko Hot News reports that the Governor spoke during the opening session of the summit, where he shared Lagos State’s vision for sustainable growth. He noted that the strength of the Commonwealth lies in its people and the shared opportunities across member nations.
He emphasized the importance of people-driven development and Africa’s central role in shaping the future of the Commonwealth.
Sanwo-Olu stressed that Africa must play a leading role in the Commonwealth’s future. He pointed out that Lagos, as one of the continent’s largest economic hubs, is well positioned to attract global partnerships and investments.
The Governor explained that since his re-election in 2023, his administration has remained focused on improving the quality of life for over 24 million residents. He noted that ongoing reforms are designed to make Lagos more efficient, inclusive, and business-friendly.
Highlighting key achievements, Sanwo-Olu referenced the launch of the Lagos metro rail system. He noted that both the Blue and Red Lines are already contributing to improved urban mobility and easing transportation challenges.
He also revealed that the state is close to completing one of the largest children’s hospitals in Africa. This development is expected to strengthen healthcare delivery and provide specialised medical services for children across the region.
In addition, the Governor spoke about ongoing efforts to digitise land administration and revenue systems. According to him, these initiatives are aimed at simplifying business processes and enhancing transparency in government operations.
Sanwo-Olu noted that Lagos is making significant progress across key sectors, including infrastructure, healthcare, and technology. He said these efforts are creating opportunities for both local and international investors.
During his address, the Governor announced that Lagos will host Invest in Lagos 3.0 this June. The event is being organised in partnership with the Commonwealth Enterprise and Investment Council.
He described the upcoming event as a platform designed to facilitate real business transactions and showcase bankable investment opportunities. It is expected to attract investors from across the globe.
Sanwo-Olu reiterated Lagos State’s readiness to collaborate with partners who bring innovation, expertise, and long-term commitment. He emphasized the importance of building sustainable partnerships that drive economic growth.
The Governor noted that Lagos is intentionally positioning itself as a destination for investment. He said the state is focused on delivering practical results that support business expansion and job creation.
He also highlighted the importance of leveraging technology to drive development. According to him, digital transformation remains a key pillar of Lagos State’s economic strategy.
Participants at the summit welcomed Lagos State’s proactive approach to development. Many noted the state’s consistent efforts to create a conducive environment for investment and innovation.
The Governor concluded by reaffirming his administration’s commitment to building a resilient and forward-looking economy. He stated that Lagos will continue to explore opportunities that benefit its residents and partners.
Sanwo-Olu’s presentation at the summit further reinforces Lagos State’s position as a leading economic hub in Africa. It also signals the state’s readiness to engage with global stakeholders in shaping a prosperous future.
