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Our journey to development is underway, says Fashola, as Ehingbeti 2010 ends

Lagos State governor, Mr Babatunde Fashola (SAN), has drawn the curtains on the 5th Lagos Economic summit, Ehingbeti 2010 with an assertion that all the issues raised at the Summit are work in progress either awaiting policy conclusion, legislative intervention or executive action.

 The governor, who spoke at the Eko Hotels and Suites, Victoria Island, venue of the event, added that whatever the levels of implementation, the processes have started, stressing: “Our journey is underway and I assure you that in two years, those of you who will be returning to the next summit and those you will bring along will only witness further progress in our state in these areas”.

 Fashola explained that the state would also be initiating cooperation with other states to drive change in areas where the Federal Government has responsibility that raise national concerns about progress and implementation.

 According to the Lagos State helmsman, “Already, we have championed the hosting of a summit of sub-national leaders, including other governors, on the issues of the environment, climate change and renewable energy for May 2010 and we expect to drive collaborations of this sort in other areas as we go on”.

 He stated that as Lagos stands in competition with other major cities of the world for economic attention and investment capital, no amount of economic warfare by empires and economies that are suffering diminishing returns can blunt the competitive edge that Lagos now commands because emerging markets hold the key to the future and growth of global business.


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