Lagos Partners Global Firm For Socio-Economic Boost

• Sanwo-Olu parleys with Bruit Costaud Advisory team
• Collaboration to unlock regulatory complexities, tap frontier opportunities
• Focus areas span advocacy, stakeholder engagement, energy security

Eko Hot Blog reports that Lagos State is leaving no stone unturned in its quest for accelerated growth and development, as Governor Babajide Sanwo-Olu engaged the management team and board members of Bruit Costaud Advisory, a global advisory firm, to forge strategic partnerships.

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The meeting, held at the State House in Ikeja, centered around leveraging the firm’s expertise in navigating complex policy landscapes and regulatory bottlenecks across frontier markets, thereby providing a boost to the state’s socio-economic initiatives.

Alhaji Lai Mohammed, the Managing Partner of the advisory firm, hailed Lagos as a “shining beacon of hope” in Africa and expressed confidence that the collaboration would yield impactful results, sustaining the successes achieved by the Sanwo-Olu administration.

“We are poised to work with the Lagos State Government to deliver on its promises and vision of becoming Africa’s model mega-city, as well as a global economic and financial hub that is safe, secure, and functional,” Mohammed affirmed.

The key areas of collaboration identified include advocacy and projection of various socio-economic initiatives, leveraging the professional backgrounds and experiences of the firm’s advisors to drive growth and effective delivery of government mandates. Additionally, the partnership will delve into geopolitical intelligence, stakeholder engagement, and energy security.

Sanwo-Olu welcomed the move, emphasizing his administration’s openness to partnerships that create value for the public sector and citizens. “For us as a Government, we are open to partnerships predicated on value creation for the public sector and our citizens,” he stated.

The Governor acknowledged Lagos’ status as a fast-growing economy and expressed optimism about the untapped growth potential that could be unlocked through collaborations such as this. “Lagos is still a fast-growing economy, and the potential for growth is not yet fully optimized. There is huge growth potential we can explore to create more opportunities,” he added.

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With this strategic partnership, Lagos State aims to enhance its visibility to international markets and investors while addressing regulatory challenges and tapping into frontier opportunities for sustainable growth.

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