Lekki Free Trade Zone: Lagos Tasks Investors On Community Engagement To Secure Investments

The Lagos State Government at the weekend charged investors in the Lekki Free Trade Zone, LFTZ, corridor to step up their Corporate Social Responsibilities (CSR), to the host communities as that is one of the ways to secure the multi-billion dollars investment in the corridor. The Government said the administration of Governor Akinwunmi Ambode was […]

Lagos State Government Restates Commitment To $2.3bn Badagry Deep Sea Port Project

…Meets APM Terminals Representatives In London Lagos State Governor, Mr. Akinwunmi Ambode on Thursday met with representatives of APM Terminals to advance the development of the Badagry Deep Sea Port project, restating his administration’s key strategic imperative to creating a friendly environment to encourage private sector participation in driving economic development in the State. Governor […]

Lagos State Government Signs MOU With AWIEF On $300m Fund To Empower Women Entrepreneurs

Lagos State Government on Tuesday signed a Memorandum of Understanding (MOU) with African Women Innovation and Entrepreneurship Forum (AWIEF) expected to facilitate the process of ensuring that women entrepreneurs have access to $300 million fund to boost their businesses. The State’s Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, who disclosed this to journalists […]

Best Performing Governor Award: LASG Vows to Retain Lagos as Investment Destination

Lagos State Governor, Mr. Akinwunmi Ambode at the weekend said the State was gradually emerging as the choice destination for investors, assuring that his administration would continue to work round the clock not only to become a shining example for Africans in Diaspora but retain the State as investors haven. The Governor, who spoke at […]

Lagos State Government Approves N740m Compensation To Lekki Free Zone Host Communities

…Says More To Come In Due Course Lagos State Governor, Mr. Akinwunmi Ambode on Thursday approved a total sum of N740,461,432.00 as compensation for host communities of Parcel B comprising Yegunda, Abomiti and International Airport site of the Lekki Free Trade Zone (LFTZ). The State’s Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, who […]

States Must Explore Comparative Advantages And Multiple Revenue Streams

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday said the Federal Government has a critical role to play in addressing the fundamental structural challenges undermining sustainable and inclusive economic growth in the states of the federation, among which is unbundling the potentials of each of the federating units. Speaking in Kaduna at the 4th Progressive […]

Lagos State Government to Commence Construction of Pen Cinema Fly-Over

The Lagos State Government on Wednesday announced plans to activate multi-faceted projects designed to improve the standard of living in the State, among which is the commencement of construction of a Fly-over Bridge in the popular Pen Cinema junction of the State. The Pen Cinema Fly-over is the third which the Akinwunmi Ambode-led administration in […]