By Providence Ayanfeoluwa
Lagos State Governor Babajide Sanwo-Olu, has commended Alaro City, for driving more than $1 billion in economic development in the state.
He gave the commendation during a courtesy visit to Alaro City and tour to residential and industrial investments that have created thousands of jobs in the state.
Since its launch six years ago, the city has attracted 500 residential investors and 80 companies, contributing to Lagos State’s industrialization and controlled urban expansion.
Sanwo-Olu stated: “On behalf of Lagos State, I commend Alaro City. It is incredible to witness how vision, backed by resilience and execution, is bringing a city like this to life.”
Also, the governor commended the President Bola Ahmed Tinubu, who created the Lekki Free Zone during his tenure as Governor of the State,.
Sanwo-Olu visited Ariel Foods, which produces ready-to-use therapeutic food for malnourished children; Starium, a detergent manufacturer owned by BUA Group; and TY Logistics Park, Nigeria’s first Grade A logistics facility. At Universal One, Lekki Free Zone’s leading housing developer, the governor visited recently completed two- and three-bedroom apartments.
Also, Board Director of Rendeavour, Frank Mosier, which has developed Alaro City in partnership with Lagos State Government, said that Free Zone scheme in Nigeria has been instrumental to the firm’s success.
He stated: “We commend the government’s investment in infrastructure like the Lekki Deep Sea Port and the Lekki-Epe Expressway, which link Alaro City to Lagos and the world.”
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