Lagos State Government urges investors to explore business opportunities
By Chiamaka Okechukwu
Investors have been urged to continue to take advantage of the immense opportunities available from doing business in Nigeria’s prime investment and industrial hub, Lagos State.
The State Governor Babajide Sanwo-Olu
made this statement at the just concluded 36th Edition of the Lagos International Trade Fair.
Sanwo-Olu also promised that his government would work hard and implement innovative and creative ideas driven by technology to meet the expectations and aspirations of Lagosians for a Greater Lagos that is functional, productive, safe, secure and provides limitless opportunities for all.
“Distinguished captains of Industry, the realities of the time have placed on us the responsibility of creating and harnessing opportunities through improved private sector participation to accelerate economic growth, create more jobs for our teeming youths and enhance our revenue generating capacity,” he said.
Business Environment
The Governor said his administration has done a lot to improve the business environment through the implementation of business friendly policies to improve the ease of doing business in the State, incentives and unrelenting commitment to infrastructural development and renewal.
“As I speak, construction works are ongoing in all parts of the State with the goal of creating a conducive environment for business, living and leisure. Some of these are already facilitating intra-city and inter-State exchange of goods and services.
“The Lekki Deep Sea Port has been completed and commissioned to commence operation in 2023. We have consciously made provision for land space for investors at Lekki Free Zone with 16,500 hectares and did the same at Gberigbe in Ikorodu, Badagry, Ibeju Lekki and other places for development,” he said.
Sanwo-Olu further said the institutionalisation of Public-Private Engagement Mechanism tagged Lagos Corporate Assembly has become a veritable platform for receiving input and feedback from members of the Organised Private Sector on Government Policies and Programmes.
“Many of such inputs we received have been incorporated into our policies for an improved business environment. Also, through the creation of Lagos State Export Promotion Committee to Promote Exportation of Locally Made Products, our administration is working with various stakeholders to position products and services in the State for increased export.
“I am happy to note that our efforts are yielding the desired result as Lagos has become a compelling brand that no investor or business can ignore.” the Governor explained.
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