Tinubu Backs Lagos International Financial Centre – Sanwo-Olu

Lagos Lagos

Lagos State Governor, Babajide Sanwo-Olu, has revealed that President Bola Tinubu is excited about the proposed Lagos International Financial Centre (LIFC).

Eko Hot News reports that Governor Sanwo-Olu made this known during a welcome dinner for delegates attending the Nigeria Foreign Direct Investment Training Programme at the Moller Institute.

The training programme is organised by TheCityUK and funded by the Foreign Commonwealth and Development Office at the behest of the Lagos International Financial Centre.

Sanwo-Olu said President Tinubu is fully aware of the initiative and has expressed strong interest in its progress.

He disclosed that he spoke with the President for nearly one hour and that Tinubu is expecting a high-level memo outlining the project’s framework.

According to the Governor, the President intends to take leadership and ownership of the LIFC initiative.

Lagos

Sanwo-Olu emphasised that the project is not about any individual or region but about positioning Nigeria competitively in the global financial space.

He noted that the LIFC would serve as a strategic platform to attract international investment and enhance Nigeria’s economic growth.

The Governor commended stakeholders for their dedication to the project, including members of the Federal and Lagos State Governments, regulatory agencies and EnterpriseNGR.

Co-Chairman of the LIFC Council, Mr. Aigboje Aig-Imoukhuede, expressed confidence in the successful establishment of the financial centre.

Lagos

He praised the unity and commitment demonstrated by both public and private sector leaders involved in the initiative.

Aig-Imoukhuede stated that private sector stakeholders have been inspired to think bigger and embrace global standards.

The high-level training at the University of Cambridge attracted prominent participants.

Lagos

They include Senators Tokunboh Abiru, Adamu Aliero and Sadiq Umar Abubakar.

Also present were the Director General of the Securities and Exchange Commission, representatives of the Nigerian Investment Promotion Commission and the Central Bank of Nigeria.

Sanwo-Olu expressed optimism that the discussions and training sessions would further refine the vision for the Lagos International Financial Centre.

Lagos