LAGOS—Lagos State  Governor, Mr. Akinwunmi Ambode has reiterated the commitment of his administration to build on the successes recorded in the past in the area of arbitration practice for economic gains that would benefit the people of the state.

Governor Ambode stated this in his remarks at the opening of the plenary session of the Annual Conference of the United Kingdom Chartered Institute of Arbitration (Nigerian Branch) at Abuja on Tuesday.

He said Lagos has the most modern arbitration law in Nigeria that conforms with any arbitration statute in the world, and that his administration is very much prepared to consolidate and strengthen the efforts of the previous administration to create Lagos as a preferred seat of arbitration in Nigeria and the West African Sub-Region.

Governor Ambode, represented by the State Attorney General and Commissioner for Justice, Mr. Adeniji Kazeem, reiterated that Lagos State, being a commercial hub, is the leading destination for foreign investment having accounted for over 99 percent direct foreign investment in the country by the second quarter of year 2015.

Tasks new HoS, perm secs

The governor, yesterday, swore-in the newly appointed Head of Service, HoS, Mrs. Olabowale Toluwatope Ademola and three Permanent Secretaries, charging them to see their appointment as a call to service to the people and state.

Ambode who gave the charge at a brief swearing–in ceremony at the Executive Council Chambers, Lagos House, Ikeja, stressed that the appointments were in line with the practice of his administration to continually select and appoint experienced, dedicated and tested professionals to key positions in the government.