- Lagos Seeks Stronger EU Investment, Hosts 10th Nigeria-EU Business Forum
- Positions for More Foreign Investment
- Highlights Lagos’ Investment Drive
The Lagos State Government has reaffirmed its commitment to creating a business-friendly environment and driving sustainable economic growth as it hosted the 10th Nigeria-European Union (EU) Business Forum.
Eko Hot Blog reports that Governor Babajide Sanwo-Olu said the state remains committed to attracting local and foreign investments while strengthening Lagos’ position as Nigeria’s foremost destination for business, innovation and enterprise.
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The governor, who was represented by the Permanent Secretary, Ministry of Commerce, Cooperatives, Trade and Investment, Mr. Babatunde Onigbanjo, welcomed participants to the forum, describing it as a strategic platform that has, over the last decade, strengthened trade and investment relations between Nigeria and the European Union through sustained engagement between government and the private sector.
Sanwo-Olu commended the European Union Delegation to Nigeria, the Nigeria Economic Summit Group (NESG), the Chamber of European Businesses in Nigeria (Eurocham), and EU member states represented in Nigeria for their continued support in promoting economic cooperation and sustainable investment across the country.
Speaking on the theme, “Enhancing Sustainable Investment Together,” the governor said the forum comes at a critical time when nations are seeking innovative ways to build resilient economies, accelerate digital transformation and address the growing impact of climate change.
He stressed that sustainable investment remains essential to achieving these goals.
According to him, Lagos State’s T.H.E.M.E.S. development agenda aligns with global priorities through continuous investments in modern infrastructure, technology, digital innovation, transportation and improved connectivity, as well as policies aimed at promoting enterprise, improving the ease of doing business and ensuring inclusive economic development.
“As Nigeria’s commercial and financial capital, Lagos remains committed to creating an enabling environment that attracts both local and foreign investment while unlocking opportunities for businesses to thrive,” he said.
Sanwo-Olu added that the Nigeria-EU Business Forum has evolved into an important platform for translating policy discussions into practical investment opportunities, strengthening commercial partnerships and deepening economic cooperation between Nigeria and the European Union.
He expressed optimism that discussions at the 10th edition of the forum would deliver actionable outcomes capable of attracting new investments, expanding economic collaboration between Nigeria and the EU, and contributing to sustainable growth and shared prosperity.
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