President Bola Tinubu says Lagos, has maintained its position as a market place of ideas, corridor of commerce and African commercial gateway which cannot be taken for granted.
Tinubu who was represented by the Vice President, Kashim Shettima said this at the opening ceremony of the Invest Lagos 3.0 Summit, themed: “Lagos Business Gateway to Africa, Powering Africa’s Next Era of Trade, Talent and Global Economic Leadership.”
He also said Lagos stood out and is home to Nigerians as it contributes thirty percent of Nigeria’s Gross Domestic product while assuring the commitment of the federal government to ensuring investment opportunities and support.
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said there is a shift in sub-national growth as the government is embracing reality stating that Lagos is hosting of unicorns and five of the nine tech start ups in Africa and Nigeria is steadily regaining macro economic’s stability.
The Secretary-General, the Common Wealth, Shirley Botchwey, said the global economy is experiencing a strata shift urging countries as well as regional markets to make the right strategic choices by turning population advantage into gains, building corridors into trade and purposeful partnerships.
Also speaking, the Lagos State Governor, Babajide Sanwo-Olu said the Invest Lagos 3.0 Summit affirmed the belief in the uniqueness of the state in unlocking the potential of the free trade zones, as it is a global gateway.
Speaking at the event held at Victoria Island, he said Lagos was ready to collaborate with private sector and stakeholders, states as well as other nations stating that the Summit with its various segments would create development for financial organisations and bring about lots of opportunities.
Governor Sanwo-Olu who thanked President Bola Tinubu for the strong foundation for which Lagos was being built saying the success of the Summit would be judged by concrete investments that would create works for the youths and other deliverables that would foster growth and development.
Commissioner for Commerce, Cooperatives, Trade and Investment, Folasade Bada-Ambrose also said the success of the conference would be measured by the deals closed within ninety days after the conference.
Present at the Invest Lagos 3.0 Summit where Sanwo-Olu spoke on investments opportunities in Lagos were his counterparts from Imo, Nasarawa, Taraba, Abia and Plateau states who also featured in panel discussion, tagged Governors’ Investment Showcase and also Minister of Aviation and Aerospace Development, Festus Keyamo, among other dignitaries.
