Lagos Contributes 22% to Nigeria's GDP, Says Sanwo-Olu

In a recent address, Lagos State Governor Babajide Sanwo-Olu announced that Lagos contributes approximately 22% to Nigeria's Gross Domestic Product (GDP), underscoring the state's pivotal role in driving national development. Speaking at a business council session, he emphasized that Lagos serves as a primary engine for the country's economic growth, attributing this success to deliberate government choices aimed at sustaining reforms.

The governor outlined a development agenda focused on strengthening the foundations for economic prosperity. He reassured the business community that Lagos remains open for business and continues to prioritize infrastructure, job creation, and youth empowerment.

Additionally, Deputy Governor Dr. Obafemi Hamzat reiterated the administration's commitment to protecting gains made in security and infrastructure while ensuring fiscal responsibility without placing undue burdens on the populace.