Tuesday, February 16, 2021 / 8:51PM / Ottoabasi Abasiekong for WebTV / Header Image Credit: Twitter; @LagosMepb
Lagos state is central to Nigeria's economic fortunes and development. These were amongst the opinions expressed by President Muhammadu Buhari, GCFR while delivering remarks at the opening session of the 8th edition of the Lagos Ehingbetti Summit.
According to the President, the Federal Government has made it a priority to support Lagos in unleashing its socio-economic potentials, which would help to accelerate economic growth in the country.
President Buhari also noted that the Federal Government through the Presidential Infrastructure Development Fund (PIDF) has embarked on several projects that would have a positive impact on the Lagos economy.
According to him, these projects include the rehabilitation of the Lagos-Ibadan expressway and the upgrading of the Apapa-Oworoshoki expressway.
President Buhari also said the Lagos-Ibadan standard gauge rail would connect the Apapa ports complex to Ibadan thereby helping in the decongestion of the Lagos ports and the freeing up of Lagos roads around the ports area.
He also added that the Federal Government recently handed over the National Arts Theatre to the Bankers' Committee, as part of efforts geared towards developing a world-class creative industry hub, hence unlocking the opportunities in the arts and entertainment sector of the Lagos economy.
The President commended the administration of Lagos state for its focus on infrastructure, ease of doing business, and improving the quality of life of its citizens.
He urged the Lagos state government led by Mr. Babajide Sanwoolu to ensure that its economic prosperity leaves no one behind.
In a conversation with Governor Sanwoolu, the DG-Elect of the World Trade Organization Dr. Ngozi Okonjo Iweala emphasized the need for Lagos State to give priority to the following key areas;
She tasked the Lagos state government with championing the cause of deepening women and youth inclusion in governance.
Sudanese born-billionaire and accomplished African business leader Mo Ibrahim in his goodwill message believed Lagos has the scale to unlock economic opportunities and achieve a vibrant market that could move Nigeria and Africa forward.
He identified transportation, waste management, health, education, security, rule of law and bureaucracy as areas Lagos must tackle firmly to become a globally competitive city.
In his speech at the event, Governor Sanwoolu said the strategy of the state post-pandemic was to " Build Back Better and Bolder", with a rededication to its T.H.E.M.E.S economic agenda.
He assured stakeholders that Lagos remains committed to improving its infrastructure, economy, and security to take advantage of the Africa Continental Free Trade Agreement (AfCFTA).
Looking at the future, the governor set a few target that citizens should expect by 2030: