Governor Babajide Sanwo-Olu has described Lagos as a
land of opportunity where anyone can achieve success, highlighting the state's
economic strength and development strides during a presentation at Harvard
Business School.
Speaking on the topic “Building the Future: Lagos
State Infrastructure-led Transformation” as a guest in Professor Hakeem
Belo-Osagie’s course, Sanwo-Olu painted Lagos as a thriving investment
destination, boasting a GDP of $259 billion, four seaports, and a population of
25 million.
“Lagos is a place where people come in without
anything and become somebody. We are a business and commercial powerhouse,” he
told an enthusiastic audience of students from around the world.
He outlined achievements in key sectors, citing
transportation breakthroughs like the Blue and Red Rail Lines, the upcoming
Lekki-Epe airport, and future projects like the Green Line. Sanwo-Olu also
shared plans to expand educational facilities with two new universities and a
third focused on medical sciences.
Highlighting Lagos’ tech ambitions, he revealed the
state's 30-year Development Plan aims to build a tech-driven economy, tapping
into its youthful, tech-savvy population.
In tourism, arts, and culture, he noted Lagos' growing
global recognition, including a recent movie nominated for the Cannes Film
Festival.
Further strides were mentioned in housing, road
construction, clean energy with CNG buses, and major healthcare projects, such
as the new Massey Street Children's Hospital, set to be the largest in
Sub-Saharan Africa.
Sanwo-Olu also encouraged investors to take advantage
of the newly liberalized energy sector, promising government support and
licensing opportunities.
“Some markets are saturated. We are still building.
Lagos is the place to invest,” he concluded to resounding applause
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