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Lagos State alone contributed 73 per cent to the 2018 World Bank’s rating of Nigeria on the ease of doing business, a global competitive index for measuring business regulations, the state governor, Mr. Akinwunmi Ambode, has said.


Also, the governor said the state, currently with an estimated population of over 22 million people, has received more foreign direct investments (FDIs) in the last two and half years than it received in the previous 15 years.

He made the disclosure at a strategic meeting he held with the French Ambassador to Nigeria, Mr. Denys Gauer, alongside some delegates of the Movement of the Enterprises of France (MEDEF) at the State House, Alausa yesterday.

Established in 1998, MEDEF is the largest employer federation in France. However, MEDEF replaced the National Council of the French Employers (CNPF) founded in 1946. Now it has more than 750,000 member firms, 90 per cent of them being small and medium enterprises (SMEs) with fewer than 50 employees.

At the meeting which the Lagos State Officer of Overseas Affairs and Investment coordinated, the governor said the resolve of the state government to enhance the ease of doing business in the state had started yielding dividends.

He noted that Nigeria moved 24 steps in the recently announced World Bank’s Ease of Doing Business ranking, noting that it was most gladdening “to remember that Lagos State alone contributed 73 per cent to the World Bank’s ranking of Nigeria on this front.”

He, therefore, said the state government would continue “to inspire confidence among investors worldwide and it is a fact that Lagos has received more FDIs in the last two and half years than it received in the previous 15 years.”

By implication, the governor added that the state’s modest achievement “has been made possible by our resolve to improve security of lives and property in the State, by embarking on security and justice sector reforms, by lightening up Lagos streets and by easing the passage of traffic across the state.”

“In the nearest future, Lagos State will put in place an intermodal transportation system, taking full advantage of our waterways, rail networks to mention but a few. As a country, we have had a great relationship with France even if this slowed down some time back,” Ambode explained.

With what it has to offer, the governor said Lagos State could spearhead the revival of this relationship and the ushering in of a stimulating cooperation between Lagos and France, noting that Lagos is open to business.

Consequently, he urged the French business community not “to miss out on the real and great opportunities that exist in Lagos State in such sectors as health, agriculture, transportation, energy, tourism and entertainment among others.”

He noted that Lagos might be the smallest state in Nigeria by size, but it was the most populous State in the country with 22 million people and with a GDP of $136 billion, which he said, earned it a prime place of Africa’s fifth largest economy, much bigger than several African states’ economies combined.

The governor, thus, said now that the French business giants have witnessed the progress our government has made in the last two years especially in the area of infrastructure development and creating an enabling environment for business in the state, it is my hope that you will be encouraged to invest in Lagos.”

In its 2018 report, the World Bank had ranked Nigeria 145th, precisely 24 positions better than the 169th position the country was ranked in the 2017 report. The report showed that Nigeria was among the 10 top countries that improved on reforms.

Although the report ranked New Zealand first on the ease of doing business index for the second consecutive year, it listed the areas that Nigeria improved with reforms to include starting a business, dealing with construction permits, registering a property, getting credit and paying taxes.

http://www.akelicious.com/2017/12/lagos-contributed-73-to-nigerias-ease.html

And some incompetent fools are busy claiming the ownership of Lagos instead of emulating Lagos' leaders by working on their states .

RIDE ON, LAGOS; RIDE ON! Haters Just Gon' Hate.

I'm sure the southwest contributes at least 17% of the remaining 27% let the other regions share 10%

Yeah.Haters will not like this...Ite si waju Eko

The yibossss are the ones contributing all of the 73%...I just sometimes Wonder why they cannot collectively contribute just 17% in their own region.


Afonja jazz must be very strong in their lives

Lagos can take all the glory now...... supported,
but the igbo's are the most irresponsible people i have ever seen.
How can a people be so foolish to abandon their own, their land and everything they are, just to build Lagos
You can never see them at home,
Some of them dont know their way back home any more.
They will tell you " we built lagos", please who will build aba and nnewi for you
Igbo is a lost nation or tribe whatever you want to call them.
Bet me igbos will regret this foolishness forever, posterity will never forgive them.

Continue build far away land!

Smh. Of course, Lagos is literally the gateway to Nigeria. Next ?

KardinalZik:
And some incompetent fools are busy claiming the ownership of Lagos instead of emulating Lagos' leaders by working on their states .

RIDE ON, LAGOS; RIDE ON! Haters Just Gon' Hate.

the worst part is that some will claim the glory of lagos state while they are from the underdeveloped idp campin oshogbo..just like ur doin...smh

gocac:
Lagos can take all the glory now...... supported,
but the igbo's are the most irresponsible people i have ever seen.
How can a people be so foolish to abandon their own, their land and everything they are, just to build Lagos
You can never see them at home,
Some of them dont know their way back home any more.
They will tell you " we built lagos", please who will build aba and nnewi for you
Igbo is a lost nation or tribe whatever you want to call them.
Bet me igbos will regret this foolishness forever, posterity will never forgive them.

Continue build far away land!

bia this hediat, is it because ur igbo landlord chase u from his house because of ownin him 2years rent that ur spewing this hatefilled speech here? ur really paind..i can see

unohbethel:

the worst part is that some will claim the glory of lagos state while they are from the underdeveloped idp campin oshogbo..just like ur doin...smh

stop being foolish. a fellow Yoruba from osun state should not claim the glory of a Yoruba state but one Fulani slave/sex tool from Enugu can come to Lagos and claim to be behind the development. who has more right?

if Nigeria divides today the Yoruba man from osun state will have undisputed access to Lagos while you 3rd class Nigerians of south east extraction will be deported in trailers packed like sardines.

go back and develop Enugu or Anambla. lay claim to it. no one is dragging your and with you

Jaideyone:
stop being foolish. a fellow Yoruba from osun state should not claim the glory of a Yoruba state but one Fulani slave/sex tool from Enugu can come to Lagos and claim to be behind the development. who has more right?

if Nigeria divides today the Yoruba man from osun state will have undisputed access to Lagos while you 3rd class Nigerians of south east extraction will be deported in trailers packed like sardines.

go back and develop Enugu or Anambla. lay claim to it. no one is dragging your and with you

chai na so my comment pain u reach? just look at his mouth like'if nigeria breaks'..yet wen igbos call for break up, u and ur filthy likes will shout one nigeria the loudest.. no wonder they say that yoruba and hypocrisy are like 5 & 6...keep deceiving urselfs

unohbethel:
chai na so my comment pain u reach? just look at his mouth like'if nigeria breaks'..yet wen igbos call for break up, u and ur filthy likes will shout one nigeria the loudest.. no wonder they say that yoruba and hypocrisy are like 5 & 6...keep deceiving urselfs

the Yoruba man is not against your Biafra. just stop blaming us for it's failure. kanu's method is to insult other ethnic nationalities and create tension which is dead on arrival.

go and get yourself educated and find out how the Scots and Catalans got their referendum. they went through their lawmakers. your lawmakers are for Nigeria and the miscreants are shouting biafla

the southeast needs serious reorientation!!!