…Says state is open for business, investors
Lagos State Governor, Babajide Olusola Sanwo-Olu, today unveiled the Lagos Investment Deal Book- an authoritative guide to the myriad opportunities across key growth sectors in Lagos, emphasizing that the state is open for business and ready to partner with investors, multinationals, development agencies, foundations, and innovation hubs.
The Governor who unveiled the book today at the Lagos Investment Summit, 2.0, themed “Scaling Action: Bold Solutions Towards Making Lagos a 21st Century Economy,” held at Eko Hotel and Suites, Victoria Island, Lagos, added the state government welcomes financiers, developers, climate funds, digital innovators and manufactures calling on them to join government in building a Lagos that is intelligent, inclusive, intentional and globally revered. .
Sanwo-Olu, who was represented at the event by the Deputy Governor, Dr. Kadri Obafemi Hamzat, stated that the Lagos Investment Deal Book is a testament to the state’s maturity as an investment destination, noting that each project profiled has been vetted for commercial viability, policy alignment, and implementation readiness.
He added that “From green energy to industrial estates, tourism corridors to housing and logistics parks, the opportunities in Lagos are real, scalable, and ready.”
According to him, “We are ready to partner with you, whether you are an angel investor, multinational, development agency, foundation, or innovation hub. Lagos welcomes financiers, developers, climate funds, digital innovators, and manufacturers. Join us to build a Lagos that is intelligent, inclusive, intentional, and globally revered.”
Speaking further, the Governor said that the statement that “Lagos is open for business” is not just rhetoric, but a reality, adding that “From the Lekki Free Trade Zone to Epe’s Agro-industrial hubs, from the Alaro Smart City to the Lagos Island Urban Renewal Initiative, our doors are open and our hands are extended.”
He stated that the State’s economic architecture is guided by five critical pillars: Infrastructure Renewal and Expansion, Economic Diversification, Human Capital Development, Technology and Innovation and Governance Reform, emphasizing that the pillars are not abstract ideals but are the foundation of the economic agenda and the backbone of the Lagos State Development Plan (LSDP) 2052..
While reeling out the various initiatives and reforms embarked on by his administration since inception across various sectors of the economy and divisions in the State, the Governor stated that all these are unified under the relentless commitment of his administration to make Lagos the most investor-friendly destination in Africa.
Earlier in her Welcome Address, the Commissioner for Commerce, Cooperatives, Trade and Investment Mrs. Folashade Bada-Ambrose, disclosed that the Lagos Investment Summit 2.0 is a launchpad for bold ambitions and actionable outcomes, with the government deliberately creating a space where deals can be made, risks can be shared, and value can be multiplied.
She added that the programme is a clarion call to visionaries and investors around the world to take their place in Lagos’ unfolding story of growth, resilience, and global competitiveness.
Speaking on the theme of the Summit, “Scaling Action: Bold Solutions Towards Making Lagos a 21st Century Economy,” the Commissioner noted that it reaffirms the state government’s resolve to reimagine what is possible when government, business, and development partners work as one.
She stressed that Lagos, being the heartbeat of Africa’s commerce, is poised to be the continent’s foremost destination for industrial transformation and economic innovation, noting that with a population exceeding 25 million, a dynamic entrepreneurial class, and strategic geographic access to global markets, Lagos is not only a city of promise but a platform for progress.
She therefore reaffirmed the commitment of the Ministry of Commerce, Cooperatives, Trade, and Investment to walk every step of the investment journey with every investors, saying that “Through the Lagos State Investment Promotion Agency (LIPA), we are institutionalizing investor aftercare, ensuring regulatory alignment, and offering one-stop support to navigate the Lagos business terrain.”
