Lagos State Governor, Babajide Sanwo-Olu has described Lagos as an investor’s delight, citing its strong economy, large population, and business-friendly policies.
Speaking at Harvard Business School, the Governor highlighted Lagos’ potential for investment, innovation, and growth.
As read in a statement by the Commissioner for Information and Strategy, Mr Gbenga Omostoso, the Governor, who was a guest in Professor Hakeem Bello-Osagie’s course, titled: “Understanding Africa: Business Entrepreneurship, and other complexities of a continent.
According to Omotoso’s statement, Sanwo-Olu’s presentation at Harvard Business School was well-received by the students, who applauded his vision for Lagos’ future. The Governor’s message was clear: Lagos is open for business, and investors are welcome to take advantage of the state’s many opportunities.
While showcasing Lagos’ achievements in infrastructure development, including the Blue Line and Red Line rail projects, the Governor assured of the readiness to start the construction of a new airport and the Green Line rail project.
He also highlighted the state’s strides in education, including the establishment of two new universities and a third university of medical science.
Sanwo-Olu emphasized Lagos’ potential as a hub for tech and innovation, with a large pool of tech-savvy youths. He noted that the state’s 30-year development plan aims to make Lagos a human-centric economy.
The Governor also spoke of opportunities in tourism, arts, and culture, citing recent fashion shows, drama performances, and movie productions, including a film nominated for the Cannes Film Festival.
He cited the state’s achievements in road construction, housing, and healthcare, including the provision of over 3,000 housing units and the construction of new hospitals.
He also highlighted the state’s unbundled energy sector, offering opportunities for investment in generation, distribution, and transmission.
The Governor then used the opportunity to invite investors to take advantage of numerous opportunities in the state, saying, “Some markets are saturated. They have built all the infrastructure they need; we are still building. Lagos is the place to invest.” He said.