FG Launches National Steering Committee for LIFC

On September 2, 2026, the Federal Government of Nigeria inaugurated the National Steering Committee for the Lagos International Financial Centre (LIFC) Initiative in Abuja. The ceremony was led by the Secretary to the Government of the Federation, Sen. George Akume CON, who emphasized the initiative's goal to deepen Nigeria's capital markets, attract investments, and promote financial innovation.

President Bola Ahmed Tinubu GCFR has endorsed the LIFC as a national economic priority. The Committee includes significant stakeholders from the Federal Government, Lagos State Government, and the private sector, tasked with addressing critical policy, legal, regulatory, and infrastructure issues for the Centre's success.

The Committee's leadership comprises Sen. George Akume as Chairman, Governor Babajide Sanwo-Olu as Co-Chairman, and other key figures such as Taiwo Oyedele, Lateef Fagbemi SAN, and Dr. Olayemi Cardoso. Akume urged members to approach their responsibilities with urgency, highlighting the importance of collaboration among all parties involved.