Lagos, Nigeria – The Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu, has welcomed the Federal Ministry of Industry, Trade, and Investment (FMITI) team, reaffirming the state government’s commitment to collaborating with the Ministry to boost investment, support local businesses, and create new economic opportunities for the people of Lagos.
During the meeting, the Lagos State Government commended FMITI for its efforts in driving economic growth, citing recent GDP and economic indicators that demonstrate the rapidly changing trade and investment landscape. The state government acknowledged the contributions of Mr. President and FMITI to the nation’s economic progress.
“We are ready to collaborate more closely with FMITI to boost investment, support local businesses, and open up new economic opportunities for our people,” Governor Sanwo-Olu said. “As a centre of excellence, we recognize the importance of partnership and cooperation in driving economic growth and development.”
The Honorable Minister of Industry, Trade, and Investment also expressed appreciation for the state’s exceptional support and hospitality in hosting the National Council Meeting on Industry, Trade, and Investment. The meeting’s theme, “Accelerating Diversification by Leveraging Industry, Trade & Investment for Shared Prosperity,” underscores the importance of collaborative efforts in driving economic growth.
Key Highlights
- The Honorable Minister of Industry, Trade, and Investment paid a courtesy visit to the Lagos State Governor, strengthening ties between the federal and state governments.
- The Minister commended the state government for hosting the National Council Meeting on Industry, Trade, and Investment.
- The meeting provided a crucial platform for commissioners from 36 states to collaborate and drive progress in the sector.
Key Quotes:
- “We appreciate the Lagos State Government’s exceptional support and hospitality in hosting this important meeting.” – Honorable Minister of Industry, Trade, and Investment
- “The insights provided by Dr. Abiodun Adedipe on the theme were invaluable, and we look forward to actionable outcomes.” – Honorable Minister of Industry, Trade, and Investment
- “We are ready to collaborate more closely with FMITI to boost investment, support local businesses, and open up new economic opportunities for our people.” – Governor Babajide Olusola Sanwo-Olu
Key Messages:
- The Ministry is committed to advancing industrial growth, trade, and investment in Nigeria.
- The National Council Meeting provides a platform for stakeholders to collaborate and drive progress.
- Accelerating diversification through industry, trade, and investment is critical for shared prosperity.
This partnership between Lagos State and FMITI is expected to yield significant benefits for the state’s economy, including increased investment, job creation, and improved livelihoods for residents.
Signed
Dr Adebayo Thomas
Director Press and Public Relations
May 20th 2025
