The Governor of Lagos State, Babajide Olusola Sanwo-Olu, has highlighted the growing role of cities in shaping economic and social transformation, describing Lagos as a strong example of Africa’s development potential.
Eko Hot News reports that the governor made the remarks during a lecture where he emphasised the importance of recognising cities as major drivers of innovation, economic productivity and governance in the modern global landscape.
The lecture, titled “Exercising Agency beyond the Nation-State: Debating Change and Transformation in the Global City, Lagos,” was delivered to an audience of scholars, policymakers and students.
According to a statement by the governor’s Special Adviser on Media and Publicity, Gboyega Akosile, the presentation focused on the growing influence of cities in shaping development outcomes across the world.
Sanwo-Olu noted that global development discussions have traditionally focused on national governments while often overlooking the role of cities in driving economic progress.
He explained that urban centres are increasingly becoming hubs of innovation, investment and cultural exchange.
The governor described Lagos as a “living testament to African possibility,” highlighting the city’s continued growth as a centre of commerce, creativity and enterprise.
According to him, Lagos has evolved into one of the most economically vibrant urban centres on the African continent.
Sanwo-Olu stated that the state has continued to expand its economic capacity despite occupying a relatively small portion of Nigeria’s landmass.
He explained that Lagos now ranks as Africa’s second-largest city economy with an estimated Gross Domestic Product of about $259 billion based on purchasing power parity.
The governor noted that the state’s economic strength reflects its role as a major commercial gateway within Nigeria.
He added that Lagos serves as a key hub for capital, enterprise, talent and ideas across various sectors of the economy.
Sanwo-Olu also highlighted the importance of climate resilience and the creative economy in shaping the future development of the state.
According to him, Lagos continues to prioritise policies that encourage innovation, environmental sustainability and economic diversification.
He noted that the creative industry has become an important contributor to Lagos’ cultural influence and economic growth.
The governor explained that sectors such as entertainment, fashion, art and digital media are expanding opportunities for young people and entrepreneurs.
Sanwo-Olu also emphasised the importance of building resilient infrastructure that can support sustainable urban development.
He stated that cities like Lagos must continue to adapt to global challenges while creating opportunities for inclusive growth.
The governor encouraged policymakers and development experts to recognise the strategic role cities play in shaping global economic trends.
He noted that urban centres are increasingly becoming engines of growth that influence national and regional development.
According to Sanwo-Olu, the Lagos experience demonstrates how strategic planning and investment can transform cities into thriving economic hubs.
He added that the state government remains committed to strengthening infrastructure, innovation and public services.
Observers at the lecture noted that Lagos continues to attract global attention as one of Africa’s fastest-growing urban economies.
They emphasised that the state’s development initiatives have contributed to its reputation as a major destination for investment and entrepreneurship.
Participants also highlighted the importance of collaboration between governments, institutions and the private sector in driving sustainable urban growth.
The lecture concluded with discussions on how cities can continue to shape economic progress and social transformation in the future.
