- Invest in Lagos 3.0: Lagos Set to Welcome Commonwealth Business Leaders
- Unveils Plans to Attract N4tn Investments
- Positions Self as Africa’s Investment Hub
The Lagos State Government has announced plans to attract investments worth over N4 trillion through the third edition of its flagship investment summit, “Invest in Lagos 3.0.”
Eko Hot Blog reports that the summit, scheduled for June 8 and 9 at Eko Hotels and Suites, Victoria Island, is being organised in partnership with the Commonwealth Enterprise and Investment Council (CWEIC).
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Speaking during a press conference in Lagos, the Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Bada Ambrose-Medebem, said the summit would bring together investors, policymakers and business leaders from across the 56 Commonwealth nations.
She explained that the forum, themed “Lagos: The Business Gateway to Africa – Where Innovation Meets Capital,” is designed to position Lagos as Africa’s leading sub-national destination for investment, trade integration, infrastructure development and financial innovation.
According to her, the summit will showcase investment opportunities in sectors including infrastructure, industrialisation, agriculture, logistics, financial services, digital economy, real estate, energy transition and SME development.
“Lagos sits at the centre of the African economic story. With a population exceeding 23 million people and a GDP that ranks among the largest city economies on the continent, along with expanding infrastructure, a vibrant innovation ecosystem and one of the busiest seaports in Africa, Lagos is uniquely positioned as the preferred destination for investment and enterprise development,” she said.
Ambrose-Medebem added that the state government expects the outcomes of the summit to surpass previous editions through stronger international participation and clearer implementation strategies.
Also speaking, the Deputy Chief of Staff to Governor Babajide Sanwo-Olu and Co-Chair of the Local Organising Committee, Sam Egube, disclosed that more than 29 global speakers from different countries and industries had already confirmed participation.
“This summit will move discussions into measurable outcomes. We will spotlight key sectors including technology, infrastructure, healthcare, transportation, energy, environment and the creative economy,” Egube said.
The summit is expected to attract between 500 and 600 high-level delegates, including sovereign wealth funds, development finance institutions, global investors, structured finance experts, trade networks, multilateral institutions and senior government officials.
Top dignitaries expected at the event include Governor Babajide Sanwo-Olu, Deputy Governor Kadri Obafemi Hamzat, Minister of Industry, Trade and Investment Jumoke Oduwole, CWEIC Chairman Lord Marland, Commonwealth Secretary-General Shirley Botchwey, and Co-Chair of the Lagos Finance and Investment Council, Aig Imoukhuede.
Others expected are Microsoft’s Chief Growth and AI Officer for Middle East and Africa, Tomiwa Williams; First Bank Managing Director, Olusegun Alebiosu; Sterling Bank CEO, Abubakar Suleiman; Lagos Free Zone CEO, Adesuwa Ladoja; and Nigeria Sovereign Investment Authority Chairman, Segun Ogunsanya.
The state government said the summit aligns with the Lagos State Development Plan 2052 and the THEMES+ agenda aimed at boosting economic growth, enterprise development and fiscal sustainability.
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