- Sanwo-Olu Pitches Lagos to Investors at Africa Business Summit in Washington
- Seeks More Diaspora Investment in Infrastructure, Technology, Finance
- Says Lagos Ready for Deep Partnerships With Global Investors
Lagos State Governor, Babajide Sanwo-Olu, has urged diaspora investors and business leaders to take advantage of investment opportunities in the state, assuring them that Lagos is open to long term partnerships across key sectors of the economy.
Eko Hot Blog reports that Sanwo-Olu made the appeal after participating in the inaugural Africa Business Investment Summit in Washington, D.C., where he engaged investors, business executives and policymakers on opportunities for increased investment in Lagos.
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The governor said his participation in the summit provided an avenue to discuss practical ways of connecting diaspora capital with opportunities in Lagos and creating jobs and other economic benefits.
He said he held discussions with diaspora investors and business leaders on how stronger partnerships could translate into tangible investments and opportunities for people in the state.
According to Sanwo-Olu, Lagos offers significant opportunities in sectors including infrastructure, technology and finance, describing the state as “Africa’s largest sub national economy.”
“As Africa’s largest sub national economy, Lagos is ready for deep, long term partnerships. The opportunities we are creating across infrastructure, technology, finance and other key sectors are significant and the time to invest is now,” he said.
The governor said his administration would continue to create an environment capable of attracting and retaining investors while strengthening partnerships with the private sector and Nigerians in the diaspora.
He added that the state was particularly interested in investments that could create employment, expand economic opportunities and further strengthen Lagos’ position as a leading business destination in Africa.
“We remain open for business and we will continue to build partnerships that create jobs and strengthen our position as Africa’s leading business destination,” Sanwo-Olu said.
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