News Investigators/ Lagos State Governor, Babajide Sanwo-Olu on Monday urged local and international investors to tap into Lagos State’s vast opportunities, pledging a supportive and business-friendly environment.
He spoke at the Nigeria–UAE Investment Forum, ‘Investopia Global Africa’, hosted by the Federal Ministry of Industry, Trade and Investment in Lagos.
Mr Sanwo-Olu said the Lagos State Government was willing and ready to partner investors to drive sustainable development across key sectors.
He said his administration remained committed to infrastructure delivery and maintaining a safe, secure environment for businesses to thrive.
According to him, the state has invested heavily in infrastructure across critical sectors over the past six and a half years.
“Lagos is positioning itself and leading the Nigerian conversation on investment,” the governor said.
He noted strong Federal Government support, adding that most investments were implemented at the sub-national level.
“I want to assure investors that Lagos is a willing partner. Whatever red tape exists, we are removing it,” Sanwo-Olu said.
He stressed that security remained central to his administration’s agenda.
“The security environment in Lagos is safe, sound and secure. That is fundamental for serious investment,” he said.
Mr Sanwo-Olu highlighted the Lekki Deep Sea Port as a strategic investment strengthening Lagos’ status as Nigeria’s commercial hub.
“We are also investing in the Badagry Port. It is about partnerships and creating an enabling environment,” he said.
He added that plans were underway to build another international airport and the country’s largest logistics hub.
“This hub will ensure agribusiness markets are efficiently served from Lagos,” the governor said.
Sanwo-Olu described the Lagos International Financial Centre as a key driver for unlocking domestic and foreign investment.
“We started the journey in 2023, and global support so far has been encouraging,” he said.
He said the centre would adopt global best practices while reflecting Africa’s and Nigeria’s unique economic realities.
“The Lagos International Financial Centre is about Nigeria’s growth, but it must be located in an attractive, ready city,” Sanwo-Olu said.
NAN
