EKO NEWS

Sanwo-Olu Makes Pitch To Investors: ‘Why Lagos Has The Right Business Environment For You’

Published

1 year ago

Oct 25, 2023.

Eko Hot Blog reports that Lagos State Governor, Mr. Babajide Sanwo-Olu, has assured manufacturers and other business leaders of his administration’s resolve to improve the country’s business environment.

He made the commitment on Tuesday at the completion ceremony of the first 2000 vehicles assembled by GAC Motors in Lagos.

The governor said his administration is committed to ensuring Lagos remains first choice for business.

“I stand before you today, enveloped with immense pride and optimism, as we celebrate a monumental achievement in the industrious heart of Lagos. Our vibrant city now hosts a thriving hub of automotive excellence, thanks to the diligent efforts of CIG Motors, a commendable Chinese indigenous car manufacturing entity,” Sanwo-Olu said.

‘’Today, we applaud their remarkable milestone of assembling 2,000 vehicles right here on Lagos soil. This accomplishment is not just a testament to their expertise, but a reflection of the promising synergy between international partnerships and local talent.’’

Lagos State Governor, Mr. Babajide Sanwo-Olu (middle); Consul General of the People’s Republic of China in Lagos, Ms. Yan Yuqing (second right); Commissioner for Transportation, Mr. Oluwaseun Osiyemi (right); Chairman of CIG Motor (distributors of GAC Motor in Nigeria), Chief Diana Chen (second left), Special Adviser to the Governor, Hon. Sola Giwa (left), during the completion ceremony of the first 2000 cars assembled by GAC Motors in Lagos, held at Ogba, Ikeja, on Tuesday, 24 October 2023.

The governor, stressed that in a rapidly globalizing world, such collaborations are the propellers of sustainable economic growth, saying the establishment of CIG Motors in the state is a glowing emblem of the state’s openness to investments that foster job creation, skill development, wealth creation, and entrepreneurial opportunities.

This milestone is a solid step towards our aspiration of making Lagos a hub of industrialization and innovation. It’s a narrative of how international partnerships, coupled with a conducive business environment, can fast-track our journey towards economic buoyancy and societal advancement,” he said.

L-R: Chairman of CIG Motor (distributors of GAC Motor in Nigeria), Chief Diana Chen; Lagos State Governor, Mr. Babajide Sanwo-Olu; Commissioner for Transportation, Mr. Oluwaseun Osiyemi and Special Adviser to the Governor, Hon. Sola Giwa during the completion ceremony of the first 2000 cars assembled by GAC Motors in Lagos, held at Ogba, Ikeja, on Tuesday, 24 October 2023.

“On our part, we shall continue to find ways to support your growth and that of other private sector players. Through business-friendly regulations, provision of infrastructure and investments in quality technical education to produce world-class workforce, we are committed to ensuring that Lagos remains the first choice for business, not only in Nigeria but across the West African landscape.’’

According to Sanwo-Olu, the milestone is not merely a numeric achievement but an epitome of multi-sectoral progress that stands to benefit residents in a myriad of ways.

L-R: Chairman of CIG Motor (distributors of GAC Motor in Nigeria), Chief Diana Chen; Lagos State Governor, Mr. Babajide Sanwo-Olu and Commissioner for Transportation, Mr. Oluwaseun Osiyemi during the completion ceremony of the first 2000 cars assembled by GAC Motors in Lagos, held at Ogba, Ikeja, on Tuesday, 24 October 2023.

The Lagos governor added that the LagRide scheme exclusively uses the GS3 Sport Utility Vehicle, SUV and GA4 Saloon cars that are assembled in the state.

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