Lagos State Governor, Babajide Sanwo-Olu, has reaffirmed his committedness to positioning the authorities astatine the forefront of Nigeria’s ambition to execute a $1 trillion system by 2030, with a absorption connected innovation, technology, and strategical partnerships.
Speaking connected Tuesday astatine the opening of the GITEX Nigeria Tech Expo and Future Economy Conference 2025 successful Lagos, Governor Sanwo-Olu said the authorities is cardinal to Africa’s integer translation and Nigeria’s economical maturation plan.
The politician noted that Lagos is location to 23 of Nigeria’s fastest-growing companies, arsenic recognised by the Financial Times, attributing the feat to a vibrant innovation ecosystem supported by forward-looking policies, backstage assemblage investments, and a resilient startup culture.
“We’re not conscionable showcasing exertion today; we’re forging partnerships and igniting innovation to propel Nigeria toward its $1 trillion economical target,” Governor Sanwo-Olu said.
The governor’s remarks align with President Bola Tinubu’s broader imaginativeness of gathering a $1 trillion nationalist economy.
The GITEX Expo, jointly organised by the Lagos State Government, KAOUN International, the Federal Ministry of Communications, Innovation and Digital Economy, and the National Information Technology Development Agency, is 1 of the largest gatherings of planetary and section tech leaders. Companies participating see IBM, Meta, MTN, AWS, Cisco, and dozens of Nigerian startups.
“Lagos is not conscionable a city; it is simply a movement,” Governor Sanwo-Olu told participants, urging innovators and investors to prehend opportunities that volition spot Nigeria and Africa firmly connected the planetary integer map.
He besides praised the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, for championing artificial quality infrastructure and inclusive integer solutions that are reshaping Nigeria’s exertion landscape.
In his remarks, Mr Tijani noted the urgency of strengthening integer infrastructure to conscionable Lagos’ accelerated municipality growth, noting that the metropolis welcomes astir 2,000 caller residents daily.
He announced that the authorities will, from 1 October, money 75 caller integer probe projects to deepen collaboration among Nigerian researchers, entrepreneurs, and the diaspora.
The curate stressed that stronger partnerships among startups, corporates, and authorities were captious to scaling innovation and gathering resilience successful Nigeria’s integer economy.
Pursuing acceptable goals
The Sanwo-Olu medication has successful caller months unveiled respective initiatives to align Lagos with its maturation vision.
In May, Commissioner for Agriculture and Food Systems, Abisola Olusanya, projected that Lagos’ colonisation would scope 24 cardinal by 2030, raising yearly nutrient request to astir N8 trillion.
She said the authorities would request to boost section accumulation by astatine slightest 20 percent annually to chopped import dependence and execute 40 percent self-sufficiency.
In July, the government announced plans to motorboat the Lagos State Industrial Policy (LSIP 2025–2030), a roadmap aimed astatine revitalising the state’s concern assemblage and attracting targeted investments....
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