Lagos Monitoring Team

  • Home
  • Lagos Monitoring Team

Lagos Monitoring Team Bringing people up to speed with happenings in Lagos in particular, Nigeria and worldwide...
(5)

SANWO-OLU, HAMZAT, POLICYMAKERS LEAD DRIVE FOR INVESTMENTS IN LAGOS•As LASG Courts Global Capital with Fresh Opportuniti...
09/06/2026

SANWO-OLU, HAMZAT, POLICYMAKERS LEAD DRIVE FOR INVESTMENTS IN LAGOS
•As LASG Courts Global Capital with Fresh Opportunities in Infrastructure, Tourism at Invest Lagos 3.0



The Lagos State Government on Tuesday reinforced its ambition to become Africa's leading destination for investment, innovation and enterprise, unveiling new opportunities across infrastructure, tourism, creative economy and financial services.

Speaking at the second day of the Invest Lagos 3.0 Summit held at Eko Hotels and Suites in Victoria Island, Governor Babajide Sanwo-Olu, his deputy, Dr. Obafemi Hamzat, top government officials and policymakers outlined concrete plans, ongoing projects and investment-ready opportunities designed to attract local and international capital.

In his address during the closing ceremony, Governor Sanwo-Olu said the success of the summit would ultimately be measured not by the quality of conversations held but by the investments, partnerships and projects that emerge from them.

The Governor said strategic agreements signed during the summit represent practical commitments capable of facilitating investments, creating jobs and driving economic growth.

"The answer to whether Lagos is Africa's business gateway is no longer theoretical. It is reflected in the partnerships forged, commitments secured and confidence demonstrated by investors over the past two days," he said.

Governor Sanwo-Olu noted that Lagos continues to strengthen its position as a gateway connecting Nigeria to Africa and Africa to global markets through strategic investments in transportation, logistics, energy and digital infrastructure.

He highlighted major projects, including the Lagos Rail Mass Transit system, the Lekki Deep Sea Port, road expansion programmes and ongoing investments in energy infrastructure as critical foundations for long-term economic competitiveness.

Governor Sanwo-Olu also pointed to the state's strategic role within the African Continental Free Trade Area (AfCFTA), describing Lagos as uniquely positioned to benefit from a market of more than 1.4 billion people across the continent.

The Governor further reaffirmed plans to establish the Lagos International Financial Centre (LIFC), describing it as a major step toward positioning Lagos as a global hub for finance, trade and investment.

Speaking earlier, Lagos State Deputy Governor, Dr. Obafemi Hamzat, identified policy continuity, institutional stability and long-term planning as key factors driving investor confidence in Lagos.

He said Lagos State's development model is built around creating a sustainable environment where people can comfortably live, work, invest and raise families.

Dr. Hamzat explained that Lagos remains attractive to investors because of the consistency of its governance systems and policies, which provide certainty beyond political transitions.

"No city can fund all its infrastructure needs alone. We require local and international investors, but attracting that investment depends on maintaining stable processes and predictable policies," he said.

Dr. Hamzat also stressed the importance of collaboration among state governments, noting that economic growth in Lagos is closely tied to the development of other states and the overall progress of Nigeria.

Also speaking during a sector-focused session, Lagos State Commissioner for Tourism, Arts and Culture, Mrs. T**e Benson-Awoyinka, unveiled a broad portfolio of investment opportunities across tourism, hospitality, entertainment, culture and the creative economy.

She described the sectors as powerful economic drivers capable of generating employment, attracting foreign direct investment and stimulating urban regeneration.

Benson-Awoyinka said Lagos is strategically positioned to unlock the immense potential of its coastline through destination resorts, eco-tourism projects, hospitality developments, marina facilities and waterfront tourism infrastructure.

She highlighted the successes of Africa's first E1 Electric Boat Race hosted in Lagos and ongoing waterfront developments as evidence of the commercial viability of the state's coastal economy.

The commissioner also disclosed that Lagos State Government is revitalising key heritage assets, including the Black Heritage Museum, the John Randle Centre for Yoruba Culture and History and the historic Point of No Return in Badagry, to create globally competitive tourism destinations.

She added that Lagos is investing in tourism transportation systems, hospitality infrastructure, workforce development and creative industry projects, including the proposed Lagos Film City, aimed at strengthening the state's position as Africa's cultural and entertainment capital.

Speaking during closing remarks, the Deputy Chief of Staff to the Governor, Mr. Sam Egube, said the summit was conceived as a platform to bring together leaders, investors, development partners and innovators from across the world to explore opportunities and build lasting partnerships.

Egube noted that Lagos' emergence as a hub for investment, technology and innovation is the result of deliberate planning and sustained efforts by successive administrations.

He said the State's commitment to transparency, policy consistency and investor confidence has helped to create an environment where businesses can thrive and investments can deliver long-term value.

Egube said the conversations held during the summit must now translate into concrete outcomes, stronger partnerships and sustainable economic growth.

Stakeholders expressed optimism that the engagements, agreements and investment opportunities showcased during the two-day Invest Lagos 3.0 summit would accelerate Lagos' journey toward becoming Africa's preferred destination for business, tourism, innovation and enterprise.

PICTURES: GOVERNOR SANWO-OLU, DEPUTY GOVERNOR HAMZAT, OTHER DIGNITARIES AT CLOSING CEREMONY OF INVEST LAGOS 3.0 AT EKO H...
09/06/2026

PICTURES: GOVERNOR SANWO-OLU, DEPUTY GOVERNOR HAMZAT, OTHER DIGNITARIES AT CLOSING CEREMONY OF INVEST LAGOS 3.0 AT EKO HOTELS AND SUITES, VICTORIA ISLAND, ON TUESDAY, JUNE 9, 2026

TINUBU PROJECTS LAGOS AS AFRICA’S GATEWAY TO GLOBAL CAPITAL •We remain committed to building a resilient economy capable...
08/06/2026

TINUBU PROJECTS LAGOS AS AFRICA’S GATEWAY TO GLOBAL CAPITAL
•We remain committed to building a resilient economy capable of attracting investors - Sanwo-Olu

•As FG, five states woo Investors on N4trn funding prospects at 'Invest In Lagos 3.0' Summit



President Bola Tinubu has projected Lagos as a leading destination for business, innovation and economic growth on the Africa continent.

The President described Lagos as the gateway to Africa's economic future and a strategic hub for global investments and trade opportunities.

President Tinubu spoke on Monday at the opening ceremony of the third edition of Invest Lagos, tagged 'Invest Lagos 3.0' held at Eko Hotels and Suites, Victoria Island, Lagos.

The event themed "Lagos: Business Gateway to Africa, Powering Africa's Next Era of Trade, Talent and Global Economic Leadership," was organised by Lagos State Government in conjunction with the Commonwealth Enterprise and Investment Council.

Speaking at the event attended by top government officials, global and continental leaders, policymakers, investors, business leaders and development partners, the Federal Government as well Governors of Lagos, Abia, Imo, Nasarawa and Plateau States wooed investors present to invest in critical sectors at national and subnational levels, promising great returns on their investments.

President Tinubu, who was represented by Vice President Kashim Shettima, said Lagos has maintained its position as Africa's commercial nerve centre through deliberate policies, strong institutions and a business-friendly environment that continues to attract multinational corporations and foreign investments.

He said Nigeria possesses the demographic strength, entrepreneurial talent and economic potential to rank among the world's largest economies by 2050, if the country continues to invest in innovation, leadership and infrastructure.

President Tinubu also reaffirmed the Federal Government's commitment to collaborating with states and the private sector to improve infrastructure, expand trade opportunities and strengthen the ease of doing business across the country.

In his Opening Address, the Governor of Lagos State, Mr. Babajide Sanwo-Olu, said his administration had consistently implemented policies designed to encourage investment, support startups and create an enabling environment for businesses to flourish.

He said Lagos remains committed to building a resilient economy capable of attracting local and international investors while creating jobs and opportunities for residents.

Governor Sanwo-Olu therefore called for increased private sector investment across key infrastructure sectors, including rail transport, energy, agriculture, and agro-processing.

He said Lagos State is opening up major opportunities to bridge its infrastructure gap and unlock economic growth, noting that Lagos State has significant untapped potential, particularly in transportation and utilities, adding that solving mobility challenges would have far-reaching economic benefits.

The Governor stressed that Lagos’ long-term growth depends heavily on efficient mobility systems, particularly rail and waterways.

He added that improved transport systems would directly enhance productivity and household incomes while improving the ease of doing business for investors.

“We have opportunity in water, we are currently enjoying some credit facilities, but we still have a lot of opportunity. If we solve transportation issues in Lagos, what we are doing is we are unlocking the economic potential. Travel time will be completely reduced. People can get to one point or the other easily, quicker, and faster,” he said.

Governor Sanwo-Olu also used the opportunity to court investors into Lagos’ expanding technology ecosystem, particularly in digital infrastructure and data services.

He said: “Today, we are building what we call not just data centres, we are building fibre connectivity around the city. The future is technology. Lagos is actively scaling up digital infrastructure to attract hyperscale data centre investments.

"Lagos is already positioning itself as a technology hub, but requires more private capital to expand capacity. We are opened one, but there are still huge opportunities in technology, in data, and infrastructure."

Governor Sanwo-Olu emphasised agriculture and agro-processing as critical investment frontiers, citing Lagos’ large population and consumption demand as a major advantage for investors.

He said that with 24 to 25 million population, Lagos is a ready market, adding that food security and supply chain logistics remain strategic priorities for the state.

The Governor said that Lagos is developing a central logistics park and seeking additional investment to strengthen agro-processing capacity and improve food distribution. “We need a lot of processing plants. We need a lot of agro-processing opportunities that are there,” he said.

Speaking during the "Governors' Investment Showcase" Governors of Abia, Imo, Nasarawa and Plateau states presented investment opportunities in key sectors of their respective economies.

They underscored the growing role of sub-national governments in driving investment, economic diversification and sustainable development across Nigeria.

The Governors urged investors to bring investments into their respective environments, promising a conducive business environment, a good returns on investment, tax incentives, among others.

The Governor of Abia State, Dr. Alex Otti disclosed that his administration is redesigning the architecture of Aba and critical market and business clusters in the State, leveraging the industrious nature of the indigenes of the State.

He said Abia State is producing its energy, such that some communities, which used to experience epileptic power supply, now have 24-hour electricity supply, thus, reshaping the operating business environment that allows for growth.

On his part, the Governor of Imo State, Senator Hope Uzodinma, said his administration is creating a State that can generate its revenue internally by fixing some of the infrastructural deficits he met on ground, to attract both local and foreign investors in its industrial revolution.

He said his administration has provided a friendly environment for investors to boost investments in Imo State.

In the same vein, the Governor of Nasarawa State, Engineer Abdullahi Sule, said the State has vast land for agricultural activities and it's deepening reforms around this by attracting investors in that space.

He said Nasarawa has also leveraged its proximity to Abuja, the nation’s Federal Capital City, to attract more people and businesses into the State.

The Governor of Plateau State, Mr. Caleb Mutfwang, said his administration has done a lot in the area of agriculture, tourism and infrastructure. He therefore implored investors to invest in Plateau State.

Speaking earlier, the Minister for Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, highlighted ongoing economic reforms aimed at improving Nigeria's investment climate.

The minister assured investors of the determination of the Federal Government to create a conducive operating environment for businesses to thrive.

He said recent fiscal and tax policy initiatives were enhancing investor confidence and opening up new opportunities for sub-national economic growth.

Oyedele said the President Bola Tinubu administration will create a good operating environment for businesses to thrive. He promised the over 2,000 high-level physical and virtual delegates and participants comprising innovators, global institutions, sovereign wealth funds, development finance institutions, multilateral institutions, structured finance specialists, trade networks across the Commonwealth and senior public officials that the Federal Government is pursuing a trillion dollar economy and iits providing the needed fiscal and monetary policies to make this a reality.

In her welcome address, Lagos State Commissioner for Commerce, Cooperatives, Trade, Investment and Industry, Mrs. Folashade Ambrose-Medebem, called on policymakers, investors, business leaders and development partners to make the most of the three-day summit.

She urged participants to explore investment opportunities in key sectors of the Lagos economy, including infrastructure, energy, finance, manufacturing, creative industries and urban development.

The Secretary-General of the Commonwealth, Hon. Shirley Botchwey, called for stronger regional cooperation through improved power supply, efficient logistics systems and enhanced security across the continent. She urged African leaders to harness innovation and talent as drivers of job creation and sustainable economic development.


Also speaking at the event, the Chairman of the Commonwealth Enterprise and Investment Council, Lord Marland, commended Lagos and Nigeria for their strong entrepreneurial spirit and leadership.

Marland, who noted that Nigeria's economy is becoming more stable and attractive to foreign investors, said increased investment would help address some of the Country's major economic and social challenges.

The Lagos State chapter of the All Progressives Congress (𝗔𝗣𝗖) has formally 𝘂𝗻𝘃𝗲𝗶𝗹ed Damilola Sonayan-James as the runni...
08/06/2026

The Lagos State chapter of the All Progressives Congress (𝗔𝗣𝗖) has formally 𝘂𝗻𝘃𝗲𝗶𝗹ed Damilola Sonayan-James as the running mate to the 2027 Governorship candidate of the party, Dr. Obafemi Hamzat.

PICTURES: VICE PRESIDENT SHETTIMA, GOVERNORS SANWO-OLU, SULE, UZODIMMA, OTTI, MINISTER OF FINANCE, OTHERS AT OPENING CER...
08/06/2026

PICTURES: VICE PRESIDENT SHETTIMA, GOVERNORS SANWO-OLU, SULE, UZODIMMA, OTTI, MINISTER OF FINANCE, OTHERS AT OPENING CEREMONY OF INVEST LAGOS 3.0 AT EKO HOTELS AND SUITES, VICTORIA ISLAND, ON MONDAY, JUNE 8, 2026

We Won't Bow to Terror, Nigeria Shall Overcome, Sanwo-Olu Rallies Support for Tinubu and Security Agencies  Recent secur...
06/06/2026

We Won't Bow to Terror, Nigeria Shall Overcome, Sanwo-Olu Rallies Support for Tinubu and Security Agencies


Recent security incidents in parts of our country have understandably generated concerns amongst citizens. But moments like this in our national life requires that we remind ourselves of our national character as a people. We are Nigerians. Our will is strong and our spirit is unbreakable.

This is the time we must stand united as one people behind our nation's leader, President Bola Ahmed Tinubu (GCFR) and all of our armed forces. The forces of evil confronting our nation do not ask for our political affiliation before they kill, maim and destroy. So must our resolve and support for our nation be devoid of political leanings and divisive rhetorics.

Every life lost is a tragedy. Every community threatened by violence deserves our solidarity, support, and protection. As a people, we must continue to keep the victims of these unfortunate incidents in our thoughts and prayers. We must be united in our prayers for the teachers and students abducted from Orire Local Government in Oyo State.

In trying moments like this, Nigerians must never lose faith in our nation or in our collective ability to overcome adversity. We are Nigerians. The seed of greatness lies within each and everyone of us.

Our country has faced many challenges throughout its history. We have confronted economic setbacks, political instability, social tensions, and security threats. Yet, through resilience, courage, and unity of purpose, we have always emerged stronger. This moment will be no different.

The security challenge confronting our nation today is not insurmountable. The forces seeking to spread fear and instability do not represent the character of our people or the future of our country. Their actions are designed to weaken our resolve and diminish our confidence. We must deny them that victory because we are Nigerians.

I urge Nigerians across every state, region, faith, and ethnic background to remain united. This is not a time for division or despair. It is a time to reaffirm our common identity and our shared commitment to peace, progress, and national development.

As citizens, we all have a stake in the security and stability of our country. Government alone cannot win this battle without the support, cooperation, vigilance, and active intelligence sharing by the local communities. Communities must remain alert. Citizens must continue to support lawful efforts aimed at protecting lives and property. Together, we can create an environment where criminal elements find no refuge and no support.

I wish to reiterate my confidence in the leadership of President Tinubu and in the ability of our security and intelligence services to be able to defeat the forces of evil unleashing terror attacks on soft targets within the civilian population in our land.

Every day, brave men and women put themselves in harm's way to defend our nation and preserve our freedoms. They deserve our prayers and our motivation to lift their spirits as they take on these forces of evil.

The work being done to strengthen our security architecture, improve intelligence gathering, and confront criminal networks across the country requires patience, determination, and national unity. Lasting solutions are rarely achieved overnight, but progress is possible when a nation stands firmly behind those charged with protecting it.

As Governor of Lagos State, I speak not only for the people of our state but also as a Nigerian who believes deeply in the promise of this country. I am convinced that our best days remain ahead of us. The challenges before us today must not define us. What should define us is how we respond—with courage instead of fear, with unity instead of division, and with hope instead of despair.

To our young people, I say: remain hopeful. To our families and communities, I say: remain resilient. To those serving on the frontlines of our nation's security efforts, I say: remain steadfast. And to every Nigerian, I say: keep faith with our country.

This battle shall be won. Nigeria will prevail because the collective strength of our people is greater than the evil agenda of the few who are bent on making us live in fear and despair. Together, we will build a Nigeria safer within her communities and confident of her future.


May God continue to bless Lagos State and the Federal Republic of Nigeria.



Babajide Olusola Sanwo-Olu
Governor, Lagos State.

Sanwo-Olu hails Fatodu's appointment as President of Nigeria Aquatics FederationThe Governor of Lagos State, Mr. Babajid...
06/06/2026

Sanwo-Olu hails Fatodu's appointment as President of Nigeria Aquatics Federation

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has hailed the appointment of the Director-General of the Lagos State Sports Commission (LSSC), Lekan Fatodu, as the President of the Nigeria Aquatics Federation.

Fatodu's appointment was announced on Friday by the Director-General of the National Sports Commission (NSC), Bukola Olopade, to strengthen governance and accelerate development across its sporting ecosystem.

Governor Sanwo-Olu, in a congratulatory message issued on Saturday by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, said Fatodu's appointment as President of the Nigeria Aquatics Federation is well deserved.

Governor Sanwo-Olu said Fatodu has distinguished himself as a good sports administrator with the success and outstanding achievements of the Lagos State Sports Commission under his leadership.

The Governor praised Fatodu's elevation of sports at the state and national levels.

He said: “On behalf of the Lagos State Government, I congratulate the Director-General of the Lagos State Sports Commission (LSSC), Lekan Fatodu, on his appointment as the President of the Nigeria Aquatics Federation by the National Sports Commission (NSC).

“Fatodu's appointment at the federal level is good news to us in Lagos, and we rejoice with him. The appointment is well deserved due to his dedication and commitment to the sports industry at the State and national levels.

“We are proud of Lekan Fatodu, and we believe that he will use his new position to reposition sports federations through capable leadership, institutional reforms, and a renewed focus on athlete development for the growth and development of the sports sector in Nigeria."

DR. BAKARE APPOINTED ACTING MEDICAL DIRECTOR OF ORILE-AGEGE GENERAL HOSPITALThe Lagos State Government has appointed Dr....
03/06/2026

DR. BAKARE APPOINTED ACTING MEDICAL DIRECTOR OF ORILE-AGEGE GENERAL HOSPITAL

The Lagos State Government has appointed Dr. Temitope Iyadunni Bakare as the new Acting Medical Director of Orile-Agege General Hospital (OAGH), in recognition of her outstanding contributions to healthcare administration, quality improvement, and system strengthening in Lagos State.

The appointment, approved by the Governor of Lagos State, Babajide Olusola Sanwo-Olu, took effect from May 18, 2026, in line with the administration’s commitment to reinvigorating the State’s policy implementation framework and enhancing service delivery within the public sector.

Dr. Bakare, a former Director of Clinical Services at the OAGH, is a seasoned public health physician, family dentist, healthcare strategist, and public administration expert, bringing over two decades of experience in healthcare service delivery and institutional leadership to her new role.

Her appointment comes at a time when the Lagos State health sector continues to prioritise quality healthcare, innovation, workforce development, and improved patient outcomes in line with the THEMES+ Agenda and the Lagos State Development Plan (LSDP) 2052.

Before her recent appointment, Dr. Bakare played a pivotal role in the transformation of Orile-Agege General Hospital through strategic planning, quality improvement initiatives, policy development, and healthcare systems strengthening.

She was instrumental in the development of the hospital's Business Model and Positioning Strategy and contributed significantly to its 10-Year Strategic Plan (2016–2026), helping to position the institution as an emerging centre for clinical training and healthcare excellence.

An alumna of the Blavatnik School of Government and Pan-Atlantic University, Dr. Bakare has consistently demonstrated exceptional leadership in healthcare management. She is widely recognised for mentoring quality improvement programmes across several Lagos State General Hospitals and for championing innovations that enhanced service delivery and institutional performance.

Her contributions to healthcare policy development are equally notable. She was part of the think tank that developed the Lagos State Oral Health Policy in 2013 and contributed to the formulation of four additional state health policies, helping to shape healthcare delivery reforms across Lagos State.

Dr. Bakare's commitment to quality healthcare has yielded measurable results. Under her leadership in quality improvement initiatives, Orile-Agege General Hospital improved its SafeCare rating from Level 3 to Level 4, a feat that contributed to the hospital's recognition at the Nigerian Healthcare Excellence Awards (NHEA) in 2025.

Beyond institutional development, she has remained passionate about community health and social impact. She played a leading role in the hospital's community outreach programmes, including the "Back to School" initiative and the School Oral Health Programme, which provided oral health screening for students across public schools within the community.

She also facilitated strategic partnerships that supported maternal and child health interventions, including a corporate social responsibility initiative that provides monthly nutritional support for pregnant women and children receiving care at the hospital.

Her efforts have earned her several awards and recognitions, including the OAGH Outstanding Leadership Award, the HSC Award for Impactful Service, the HSC Most Outstanding Quality Improvement Mentor Award, and the Lagos State Merit Award.

As she assumes office as the Acting Medical Director of OAGH, stakeholders within the health sector have expressed confidence in her ability to build on existing achievements and further position the Hospital as a model institution for quality healthcare delivery, innovation, clinical governance, training, and operational excellence.

Speaking on her vision for the hospital, Dr. Bakare reaffirmed her commitment to advancing healthcare excellence through quality improvement, workforce development, strategic partnerships, and sustainable health system strengthening. She emphasised the need to continually improve patient care outcomes while ensuring that the hospital remains responsive to the healthcare needs of the people.

Her appointment marks a new chapter in the growth and development of Orile-Agege General Hospital, with expectations high that her wealth of experience, strategic leadership, and passion for service will further strengthen the institution's role in delivering accessible, quality, and patient-centred healthcare to residents of Lagos State.


LAGOS EMERGES FIRST IN STATE PERFORMANCE INDEXLagos State has emerged Nigeria’s best-performing sub-national in the 2025...
03/06/2026

LAGOS EMERGES FIRST IN STATE PERFORMANCE INDEX

Lagos State has emerged Nigeria’s best-performing sub-national in the 2025 State Performance Index (pSPI), leading other states by wide margins across all sectors.

In a latest ranking released by Phillips Consulting Limited, Nigeria’s leading business and management consulting firm, Lagos is ranked number one in the National Assessment Report out of the 36 states and the Federal Capital Territory (FCT), Abuja in the Overall pSPI Rank, based on continued strength across key governance and economic indicators.

The 2025 State Performance Index (pSPI) identifies Lagos as Top Revenue Performer, stating that "Lagos ranks 1st in IGR per capita, per km², and per trade route." It also ranked Lagos as second in internet pe*******on and digital access.

The report rates Lagos positively in High Financial Independence, stating that "69 per cent of Lagos State’s revenue comes from IGR, significantly higher than the national average of 18 per cent, reducing reliance on federal allocations."

Phillips Consulting Limited describes pSPI as a tool for measuring governance effectiveness and identifying areas requiring policy intervention.

"The 2025 edition of the pcl. State Performance Index (pSPI) builds on the 2024 report with a sharper, more data-driven approach. It expands performance indicators and reduces focus from perception to measurable outcomes, ensuring states are rated based on real progress, effort and impact," it stated.

Speaking on the performance of Lagos state, the report states that: "Lagos is the economic backbone of Nigeria, and the data confirms it. With a GDP larger than several African countries such as Mali, Gabon, Togo, Namibia, Malawi, Lesotho, Guinea Bissau, Liberia, Djibouti, Gambia, Seychelles, Sao Tome and Principe, Burundi, Cape Verde, Eritrea among others, Lagos’s economy thrives on a powerful mix of commerce, finance, technology, and international trade.

"Lagos is financially self-reliant, generating the bulk of its revenue internally rather than depending on federal allocations. Its strategic port access, thriving informal economy, and dominance in financial services make it Nigeria’s undisputed economic leader."

According to the 2025 State Performance Index, Lagos State is followed by Ogun and Kaduna. Adamawa and Niger states complete the top five. Nasarawa and Gombe occupy sixth and seventh positions. Jigawa, Plateau and Abia are in eighth, ninth and 10th positions to complete the top 10 list in the assessment.

Speaking on the report, Governor Babajide Sanwo-Olu said the ranking is consistent with other related reports that have scored Lagos high and above other states.

He said: “It gladdens our hearts that our administration’s modest achievements are having direct, positive and measurable impacts on the people of Lagos.

“What the latest ranking has done is for us to get back to work and do it a lot better and smarter. Our state was recently ranked among the best in the world in nightlife by UK’s Time Out magazine, coming second behind Cape Town, South Africa in the continent. We beat Cairo in Egypt and Marrakech, Morocco to the third and fourth places respectively.

“Earlier in the year, a Netherlands based firm, Dealroom.com named Lagos as the fastest-growing tech ecosystem in the world in its Global Tech Ecosystem Index 2025 report.
Lagos came ahead of Istanbul, Turkey and India in the report.

“We also emerged as the top performing State in Nigeria in the Presidential Enabling Business Environment Council (PEBEC) Ease of Doing Business 2026 rankings, which was released in March this year. The ranking, based on the 2025
Subnational Ease of Doing Business Report covering all 36 States of the Federation and the Federal Capital Territory, reinforced the position of Lagos as the country's leading and preferred destination for investment.

“ We have a mission to deliver a greater Lagos before the end of our tenure and we won’t rest until the last day of this government, working for the people of the state.” Sanwo-Olu said.

Address


Alerts

Be the first to know and let us send you an email when Lagos Monitoring Team posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

  • Want your business to be the top-listed Media Company?

Share