Lagos Deputy Governor Hamzat Advocates for Private Investment
On October 29, Dr Obafemi Hamzat, the Deputy Governor of Lagos State, called for stronger collaboration between the private sector and government to stimulate economic growth and improve access to affordable housing. Speaking at the inauguration of Canary Point Holding Limited's new headquarters in Lagos, Hamzat emphasized the importance of indigenous businesses in creating economic opportunities and enhancing the financial services sector.
He stated that partnerships between government and private institutions could lead to practical financing solutions, particularly for low- and middle-income earners seeking homeownership. Hamzat expressed the Lagos State Government's willingness to explore partnerships with Canary Point Holding in mortgage financing and real estate.
He commended the company's expansion across various business segments and urged it to invest more in technology and cybersecurity to enhance competitiveness. Hamzat also encouraged Canary Point Holding to foster healthy competition among its subsidiaries and improve operational efficiency.
He is the All Progressives Congress governorship candidate for Lagos State in the upcoming 2027 election.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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