President Muhammadu Buhari on Tuesday pledged that the Federal Government would support massive investments in Lagos State to boost its economic potential as one of the world’s fastest growing megacities. Buhari made the pledge in a virtual goodwill message during the Lagos Economic Summit (Ehingbeti) 2021 themed: ”For a Greater Lagos: Setting the Tone for Read More…
Tag: Lagos economy
How Lagos will be by 2030 – Sanwo-Olu
Lagos State Governor, Mr Babajide Sanwo-Olu says the state will be a megacity standing proudly beside every other one in many areas by the year 2030, going by the transformation in process. Sanwo-Olu said this on Tuesday, during the Lagos Economic Summit (Ehingbeti) 2021,with the theme: ”For a Greater Lagos: Setting the tone for the Read More…
LCCI reviews state of economy, advises policy makers
The Lagos Chamber of Commerce and Industry (LCCI) has advised policy makers on the formulation and implementation of policies to facilitate sustainability as business operators grapple with the devastating impact of the COVID-19 pandemic. Mrs Toki Mabogunje, President, LCCI. gave the advice at a press conference on the state of the economy, on Tuesday in Read More…
LCCI hinges GDP contraction on COVID-19
The Lagos Chamber of Commerce and Industry (LCCI) has hinged the 6.1 per cent Gross Domestic Product (GDP) contraction according to the National Bureau of Statistics (NBS) on the socio-economic disruptions of COVID-19 pandemic. Dr Muda Yusuf, Director-General LCCI made this known in an economic report released to newsmen on Monday in Lagos. Yusuf noted Read More…
LCCI seeks OPS inclusion in ESP Committee for economic recovery
The Lagos Chamber of Commerce and Industry (LCCI) has called for inclusion and engagement of the Organised Private Sector (OPS) in the Economic Sustainability Plan (ESP) Committee for economic recovery during and after COVID-19 pandemic. Mrs Toki Mabogunje, LCCI President, made the call at the Chamber’s third edition on the state of the Nigerian Economy Read More…
20 ships to discharge petrol, other items at Lagos port
The Nigerian Ports Authority (NPA) on Wednesday said that 20 ships will discharge petrolum products and food items at the Lagos ports. The NPA disclosed this in its publication, ‘`Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos. It listed the contents of the ship as Read More…
LCCI seeks regional collaboration on agriculture
The Lagos Chamber of Commerce and Industry (LCCI) says collaboration by South-West states, with a renewed focus at unveiling viable and sustainable investment opportunities in the agribusiness value chain, is critical to national economic diversification and self-reliance. The LCCI President, Mrs Toki Mabogunje, stated this on Saturday at a webinar, organised to unveil viable agribusiness Read More…
Lagos govt finalises guidelines for restart of the economy
The Lagos State Government says it has set the process of re-opening its economy in motion, with the rollout of ”Register-to-Open” guidelines. Lagos State Governor, Babajide Sanwo-Olu said this at a webinar organised by First Securities Discount House (FSDH) Group, with the theme: ”A Global Pandemic: Local Realities and Peculiarities – A View from the Read More…
Lagos reduces budget by 21%
The Lagos State Executive Council has approved review of the state’s 2020 Budget by 21 per cent. The state Commissioner for Economic Planning and Budget, Mr Sam Egube, made this known at a press briefing on Thursday in Lagos. Egube said that this was to help mitigate the economic and social headwind precipitated by the Read More…