WE ARE LEVERAGING INFRASTRUCTURE TO BOOST ECONOMY – Gov. SANWO-OLU

Lagos State Governor, Mr. Babajide Sanwo-Olu has assured the business community that the State will continue to leverage infrastructure development to drive economic growth in the State, adding that the State Government would continue to be their partner in progress towards ensuring a conducive business environment for investments to thrive in the State.

Sanwo-Olu gave the assurance at the opening ceremony of the Lagos International Trade Fair organised by the Lagos Chamber of Commerce and Industry (LCCI) held at the Banquet Hall, Tafawa Balewa Square, Lagos, today.

Represented by the Commissioner for Commerce, Cooperatives, Trade & Investment, Mr. Governor affirmed that the administration is very much aware that its quest to move Lagos from Nigeria’s biggest commercial city to a mega or smart city, running on 21st-century economic dynamics, will depend, to a large extent, on its political will to effectively tackle various challenges confronting businesses, especially in the area of infrastructure.

His words, “For us, we see the challenges as great opportunities for further investment and our administration is not only working assiduously to change the narratives, we are also ready to work with willing investors to expand the infrastructure for the benefit of our businesses in particular and our State and nation in general.

“Directly, we are committing huge resources to build infrastructure that improves business operations and makes the State attractive for investment. Among what we have done in recent times is the completion of the first phase 13-kilometer Lagos Rail Mass Transit – Blue Line, extending from Mile 2 to Marina. This has been commissioned to ease the movement of commuters and goods, eliminate the stress associated with public transportation and reduce traffic gridlock along with productive man-hour loss in traffic. Since the tracks were energised, daily trips of the rail have increased from 12 to 54, while we are working towards our actual target of 74 trips per day”.

@lagoscommerce