From John Silas, Lagos
The Lagos State Governor, Babajide Sanwo-Olu, says the state remains the driving force behind Nigeria’s economic growth with 22 per cent contribution to the Gross Domestic Product (GDP).
Governor, Sanwo-Olu said this at the Business Council session of the Oniru Business and Cultural Day in Lagos.
The governor said the state contributed roughly one-fifth of the country’s total GDP
This, he said, makes the state a primary engine of national growth and productivity.
He attributed this to deliberate governance choices and sustained reforms, citing the THEMES+ development agenda, which had strengthened the foundations of economic prosperity.
The governor, however, reassured the business community that the state remained open for business.
He said the state would continue to prioritise infrastructure, job creation, youth empowerment, and security.
Represented by his Deputy, Dr Obafemi Hamzat, Sanwo-Olu emphasised that the administration is committed to protecting the gains made by prioritising security and infrastructure among others.
Governor, Sanwo-Olu also highlighted the state’s efforts in revenue generation and fiscal responsibility.
He said the administration had continued to strengthen its internally generated revenue without placing undue burden on the people.
