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
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
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
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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