- Sanwo-Olu Briefs President on Proposed Lagos Financial Hub
- Says Tinubu very excited when I spoke with him for almost an hour yesterday
- Commended the commitment of key stakeholders involved in the project
Governor of Lagos State, Babajide Sanwo-Olu, has revealed that President Bola Tinubu is enthusiastic about plans to establish the proposed Lagos International Financial Centre (LIFC).
Eko Hot Blog reports that Sanwo-Olu made the disclosure on Sunday during a welcome dinner for delegates attending the Nigeria Foreign Direct Investment Training Programme at the Moller Institute in the United Kingdom.
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The training programme, organised by TheCityUK and funded by the UK’s Foreign, Commonwealth and Development Office, is being held in support of the LIFC initiative.
Speaking in his capacity as Chairman of the LIFC Council, the governor said he had briefed the President extensively on the project and received strong backing.
“President Tinubu is aware of this meeting and our activities. He was very excited when I spoke with him for almost an hour yesterday. He is expecting a high-level memo from us to articulate the thought process. He wants to take leadership and ownership of it,” Sanwo-Olu said.
According to him, the proposed financial centre is a national project designed to position Nigeria more competitively within the global financial system.
“It is not about any particular person or region; it is about the country and how we use this platform to position Nigeria in the global space,” he added.
Sanwo-Olu commended the commitment of key stakeholders involved in the project, including federal and state government officials, members of the National Assembly, regulatory agencies, international partners and EnterpriseNGR.
Also speaking, LIFC Council Co-Chairman Aigboje Aig-Imoukhuede expressed confidence in the viability of the initiative, citing the calibre and unity of stakeholders backing it. He noted that recent engagement sessions had encouraged participants to adopt a more ambitious outlook for Nigeria’s financial services sector, adding that the private sector remains fully committed.
Participants at the training include Senators Tokunbo Abiru, Adamu Aliero and Sadiq Umar Abubakar; Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama; Chief Executive Officer of the Nigerian Investment Promotion Commission, Aisha Rimi; representatives of the Central Bank of Nigeria; and other senior government officials.
