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Lagos Deputy Governor Calls for Local Innovation Investment

Lagos Deputy Governor Calls for Local Innovation Investment

On October 11, Dr Obafemi Hamzat, the Deputy Governor of Lagos State, called for increased investment in homegrown technology, reliable electricity, and critical infrastructure to foster economic growth and improve citizens' welfare. Speaking at the seventh anniversary of Real Talk With Kike and the celebration of broadcaster Kikelomo Atanda-Owo Abati's over 20 years in the media industry at Eko Hotels and Suites, Victoria Island, Lagos, Hamzat, represented by Bimbola Salu-Hundeyin, stressed the importance of moving away from imported technology to developing local innovations and creating intellectual property.

He highlighted unreliable electricity as a significant barrier to business operations, stating that government commitments must lead to dependable power supply. Hamzat also advocated for improved transportation, digital connectivity, and long-term financing for infrastructure development.

He emphasized the creative industry's role in job creation and national identity, while also underscoring the necessity of a free and responsible press. Other speakers included Hannatu Musa Musawa and Abike Dabiri-Erewa, who discussed governance and communication challenges.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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