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Tinubu Declares Lagos Africa's Investment Gateway

The Authority·
Tinubu Declares Lagos Africa's Investment Gateway

President Bola Ahmed Tinubu asserted Lagos's position as Africa's gateway to global investments during the third edition of the Lagos Investment Forum held on a Monday. The forum, themed "Lagos: Business Gateway to Africa," aimed to showcase investment opportunities across various sectors of the economy.

Tinubu highlighted the importance of Lagos as a strategic hub for global trade and investment, supported by a partnership with the Commonwealth Enterprise and Investment Council. He noted Nigeria's demographic strength and entrepreneurial talent, which could help rank the country among the world's largest economies by 2050.

Vice President Kashim Shettima and Lagos State Governor Babajide Sanwo-Olu also participated, with Sanwo-Olu emphasizing the need for increased private sector participation in critical economic sectors such as rail transport, energy, and agriculture. The administration aims to create a resilient economy capable of attracting domestic and international investors and generating job opportunities.

Plus234Feed summary based on reporting from The Authority.

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