🇳🇬NigeriaWest Africa
Lagos Governor Sanwo-Olu seeks global investment partnerships in London
via Punch Nigeria3 min read
Lagos Governor Babajide Sanwo-Olu urged Commonwealth nations to invest in Africa, particularly Lagos, during the Commonwealth Trade and Investment Summit in London. He highlighted Lagos as a prime destination for global capital, emphasizing that the state offers long-term partnership opportunities. Sanwo-Olu stressed Africa's central role in the Commonwealth's future, noting that by 2050, one in four people globally will be African. He described the Commonwealth's 56 member states and 2.7 billion people as a strong platform for trade built on shared values. The governor stated that Lagos is investing in infrastructure, including ports, airports, rail corridors, and technology, to attract global capital. He also pointed out Lagos's economic strength, generating roughly a third of Nigeria's GDP and ranking among the top five economies in sub-Saharan Africa if it were a standalone entity. Sanwo-Olu mentioned his administration's THEMES+ agenda, which focuses on development across transportation, health, education, security, social inclusion, and youth empowerment. He announced that Lagos would host the "Invest in Lagos 3.0" summit on June 8 and 9 at Eko Hotels and Suites, in partnership with the Commonwealth Enterprise and Investment Council, to engage global investors and showcase opportunities. Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, also outlined Lagos's strategy for mobilizing capital and deepening engagement with internation
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This summary was AI-generated from a story originally published by Punch Nigeria.
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