Ambode lauds enthusiasism of local and foreign investors in Lagos


Lagos State Governor, Mr. Akinwunmi Ambode has commended the enthusiasm displayed by local entrepreneurs and foreign investors in locating their investments in the State, today at the Lagos State Business Districts (CBD) Stakeholders Forum.

The Governor represented by the Secretary to the State Government (SSG), Mr. Tunji Bello at the City Hall, Lagos, said the presence of the investors would be boosted with the emerging opportunities in the socio-economic landscape of the State.

He added that the present administration is also providing more opportunities in the Lagos Mega City in various sectors of real estate development, marine transportation, commercial and business activities.

“Our administration is focused on providing more opportunities to investors and entrepreneurs in the emerging economic profile of Lagos Mega City in the various sectors of real estate development, marine transportation, commercial and business activities to create job opportunities and generate wealth for investors in a conducive and secure environment” he said.

Governor Ambode said the focus of his administration since inception has been to put necessary structures in place that would sustain a 24/7 economy in the “New Lagos”, adding that despite the global economic challenges, “we have ensured that the business districts function effectively to move the wheel of economic growth in the Lagos Mega City”.

He gave an assurance that in some months, the business districts will witness tremendous transformation with the completion of the Blue Line rail system and the on-going reconstruction of the Marina axis.

The Governor said the gathering is about ways to identify the gaps in the operation of the districts and what can be done individually and collectively to uplift the status of the CBDs to global standards.

“It is also about maximizing the investment opportunities in this axis through government policies, incentives and direct intervention in terms of infrastructure provision and upgrade towards actualizing the vision of the present administration of making ‘Lagos safer, cleaner and more prosperous Lagos Island’,” he said.

He urged the stakeholders to share experiences, ideas and evolve new strategies that will enhance the effectiveness of the Central Business District administration and management for the benefit of all.

Speaking earlier, the Special Adviser to the Governor on Central Business Districts, Mr. Agboola Dabiri reiterated the readiness of government to return the lost glory of Lagos Island by bringing back corporate organizations and private companies to the Business District just as it was in the eighties.

He added that the State Government has committed enormous resources in rebranding, painting, beautification and general upliftment of the axis to ensure it is conducive for businesses to thrive.

The event which also featured panel discussions was graced by many important personalities including members of the State Executive Council, members of the State House of Assembly, Body of Permanent Secretaries and members of the Organised Private Sector.

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