#IkoroduEconomySummit: Lagos Govt assures Ikorodu on critical infrastructure projects


Friday, February 23, 2018 11.30AM / Proshare WebTV 

The Lagos State Government has assured the Ikorodu Division, that it is set to embark on and complete large-scale infrastructure projects in the city. 

This was the remark of the Commissioner of Commerce, Industry and Cooperatives Mrs Olayinka Oladunjoye at the maiden Ikorodu Economy Summit 2018 organized by the Ikorodu-Oga Development Association.

The summit which had as its theme “Stabilizing the local economy”, was an opportunity for captains of industry, business leaders, policy makers, women and youth organizations to collectively chart a roadmap for a sustainable economic development of  Ikorodu Division. 

Mrs Oladunjoye described the summit as apt considering the numerous reforms, initiatives, projects and programmes embarked upon by the Lagos government for the continued growth and development of the state economy. 

She listed the construction of Owutu-Ishawo-Arepo road link(ongoing), Igbe-Ginti-Road up to Ijede road junction(ongoing), government chalet at the Lagoon front site in Ikorodu, massive mall to be built in Ikorodu(Site already approved by the governor), Ikorodu divisional stadium(to commence soon), Imota light industrial park (to be delivered before the end of the year), provision of the eight lanes road from sabo,Ikorodu to Itokin to align with the ongoing road construction at Epe-Itokin axis. 

According to her “All of these projects are meant to upscale and align the Ikorodu Division with cosmopolitan Lagos and consolidate on the prime position of Lagos State, as the industrial and commercial nerve centre of the country and indeed the entire West Africa sub-region”. 

The Commissioner enjoined the Community Development Association such as IKODAS to collaborate with the Government, to evolve policies that will provide the roadmap for our journey to economic prosperity. 

Convener of the summit Mr Ganiyu Segun Abiru in his welcome address said the current economic situation in Ikorodu, called for a serious review. He believed it was time for Ikorodu Division to advance as a strategic city in Lagos and Nigeria. 

With an unofficial massive population of about 5 million people, Mr Abiru told stakeholders that Ikorodu was a gateway for commerce and trade, that is the best zone for early recovery of investments. 

He said the outcome of the summit will be documented as a proposal to the State Governor Mr Akinwunmi Ambode to study. 

Chairman of the occasion and notable Nigerian economist Dr Temitope Oshikoya asserted that local economies, are key to driving central economies of nations across the globe. 

Citing China example, Oshikoya shared the greatness of the Chinese economy has come through the development of cities like Shanghai and Guanzhou. 

Dr Oshikoya noted that Ikorodu was the fastest growing city in Lagos, with massive land resources that can be tapped for Industrial, Commercial, Tourism and Agricultural activities. He said Odogunyan area Ikorodu was one of the largest industrial estates in Nigeria. 

The Ikorodu-born economist called on the Lagos State Government to give top priority to the inter-city roads network, which will drive economic activities. 

Oshikoya emphasized “Ikorodu has come to the point where it has to be transformed as a city, that is exporting goods and services across the globe”. 

It featured panel sessions with Dr Olukayode Tajudeen Bawa-Allah, Prince Abiola Kosoko, Dr T.A. Okeowo, Mr Seun Onigbinde, Mr Sola Adewunmi, Prince Wale Oyekoya, Mrs Kemi Ajiboye as panelists. 

As a maiden economic summit it was attended by notable personalities in Ikorodu Division, Lagos State and the nation like Mr Jimi Benson(Member, House of Representatives, Ikorodu), Senator Adeseye Ogunlewe (Former Minister of Works)  and Royal Fathers in the Ikorodu Division. 

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