Business

Lagos needs N7 trillion to meet infrastructural targets in 2024 – Sanwo-Olu 

Governor Babajide Sanwo-Olu said that Lagos state will require a minimum of a substantial N7 trillion to provide infrastructural projects and other amenities in its 2024 fiscal year.  

Sanwo-Olu said this on Friday, during the eighth Lagos Corporate Assembly, a business forum, tagged: ”Babajide Olusola Sanwo-Olu Meets Business with Community (BOS Meets with Business Community),” held at the Lagos House, Ikeja. 

He reassured stakeholders that, notwithstanding global business challenges, the government remained focused on ensuring the ease of doing business in the state. 

He also expressed his administration’s readiness to ensure ease of doing business despite current global challenges. 

He said: 

On her part, Mrs. Folashade Ambrose-Medebem, the commissioner for Commerce, Cooperative, Trade, and Investment, emphasized the significance of the corporate assembly as a vital forum for public-private sector collaboration.

It serves as a platform for meaningful interaction between the government and the business community, fostering discussions on key matters essential for the state’s industrial and commercial development. 

Ambrose-Medebem promised that all issues raised at the last edition had been addressed adequately by MDAs relevant to improving business in the state. 

She added: