By Our Reporter
Lagos State Governor, Mr. Babajide Sanwo-Olu, has said that his administration is opening up new corridors, investing heavily in infrastructure, and making it easier and clearer for serious investors to do business.
Governor Sanwo-Olu said this at the Welcome/Investors Round Table Dinner in honour of distinguished VVIP Guests attending the 6th Lagos Real Estate Marketplace Conference & exhibitions, held at the Sky Lounge, Eko Hotel and Suites, Victoria Island, Lagos.
The governor, who was represented by the Deputy Governor, Dr. Kadri Obafemi Hamzat, said his government was committed to continuing to improve land administration, speeding up approvals, and ensuring a stable and predictable environment where investments can thrive.
"At the national level, President Bola Ahmed Tinubu’s Renewed Hope Agenda places strong emphasis on housing delivery, urban renewal, and private-sector-led growth. What we are doing in Lagos aligns fully with that direction. We are opening up new corridors, investing heavily in infrastructure, and making it easier and clearer for serious investors to do business," he stated.
Acknowledging Lagos as a city that is constantly growing and evolving, Governor Sanwo-Olu said for the state government, real estate is not just about buildings, but also about people, communities, and economic opportunity, adding that the demands for housing, energy, opportunities are real.
On the event, the governor noted that the conference is not just about discussions, but about relationships and collaboration, adding that Lagos is open to working with partners who believe in the long-term future of Lagos.
Special Adviser to the Governor on Housing, Barr. Barakat Odunuga-Bakare, in her welcome address, called on investors to take advantage of Lagos State’s real estate opportunities, describing Lagos as the best destination for real estate investment in Africa.
Odunuga-Bakare noted that Lagos State offered a stable investment climate, robust infrastructure, and a rapidly growing population that continues to drive demand for quality housing, assuring investors of strong returns and long-term value on real estate investments in the state.
In his goodwill message, the Executive Secretary, Lagos State Office of Diaspora Affairs, Mr. Jermaine Sanwo-Olu, stated that the state government was working on diaspora-friendly real estate projects, which the investors within the ecosystem of Lagos would benefit from.
“Diasporas are celebrated in Lagos. They are working in all sectors of our system, but when it comes to real estate, the diasporas are not just a catalyst for development; they are contact partners for development in our state, and that is why, for us as a government, we are working on diaspora-friendly real estate projects, that benefit both our investors,” he said.
Also speaking, the Group Head, Financial Institutions, Access Bank Plc, Ms. Omolade Osibo, in her goodwill message, assured of the bank readiness and willingness to partner with the Lagos State Government on real estate development, adding that Access Bank was supporting the delivery of 100,000 affordable housing units across the country.
Osibo explained that the initiative aligned with Access Bank’s commitment to supporting sustainable urban development, expanding access to home ownership, and leveraging public-private partnerships to bridge Nigeria’s housing deficit, particularly in fast-growing cities like Lagos.
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