By Cynthia Alo

As Lagos state plans to host over 150 speakers both hybrid and virtual at the 2022 Ehingbeti Summit, the state governor, Babajide Sanwo-Olu, has disclosed that the state’s 30 year development plan was aimed at boosting its GDP to $100bn.

“The plan tagged LSDP 2052, has over 400 initiatives across different metrics to drive exclusivity of every citizen in the state.“Speaking last week at a private-public partnership pre-Ehingbeti stakeholders engagement on building a sustainable future for a greater Lagos, Sanwo-Olu, said the government would continue to pursue policies that are inclusive and equitable to all over the development plan period.“He maintained that his administration remained committed to taking appropriate lessons from the Summit through implementation of its resolutions.

He stated: “It is important to mention that past Summits gave birth to initiatives such as the Lagos State Employment Trust Fund which have continued to support young people with innovative ideas, to start and grow their businesses; the Lagos State Security Trust Fund through which security agencies are being assisted to be more effective in securing lives and property; design and construction/reconstruction of key road infrastructure with special consideration for the provision of pedestrian walkways’’.

Represented by his deputy, Dr. Kadri Obafemi Hamzat, he acknowledged that governance is not a one man show because no government irrespective of the quality of its officials can claim monopoly of knowledge or ideas.“On the development plan, Sanwo-Olu stressed that the “forum is organized to sensitize key stakeholders on this year’s Summit and more importantly seek your input on the proposed 30 years Lagos Development Plan which will be formally presented at the Summit for deliberation and final adoption for implementation.”

“Giving his opening remarks, the President and Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara,  said the engagement will institutionalise the developmental landscape in the state through the private-public state partnership that gets all parties involved.

“According to him the forum is a precursor to the Ehingbeti Summit, provides an opportunity for the State Government and private sector players to exchange ideas on the most efficient and effective way of accelerating growth and development in the State.“He noted that the collaboration between the Institute and the Lagos State Government epitomizes a partnership that works as the Institute has enjoyed a very cordial relationship with the Lagos State Government under the able leadership of Governor Babajide Sanwo-Olu.


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