Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, has launched the Third Edition of the Lagos Economic Development Update (LEDU 2026), reaffirming his administration’s commitment to building a robust, inclusive, and globally competitive economy. The Governor, represented by his Deputy, Dr. Kadri Obafemi Hamzat, described LEDU as a compass guiding the state’s economic direction and shaping decisions.
Sanwo-Olu emphasized the need for economic diversification, private sector-led growth, and social inclusion, ensuring that growth benefits all Lagosians. He highlighted the state’s resilience in the face of global economic challenges, citing deliberate planning and disciplined governance under the T.H.E.M.E.S+ Agenda.
The Governor’s remarks were echoed by stakeholders, including the Chairman, House Committee on Economic Planning and Budget, Hon. Olumoh Saad Lukman, who praised the government’s use of data-driven governance. The Commissioner of Economic Planning and Budget, Mr. Ope George, noted that Lagos has strengthened its economic foundation through deliberate policies and strategic investments.
The Chairman, South West Development Commission, Senator Olubunmi Adetunmbi, lauded Lagos State for providing a sustainable model for sub-national governance, while the CEO of Nigerian Economic Summit Group, Dr. Tayo Aduloju, emphasized the need for a strategic shift toward shared prosperity.
