Ahead of the World Economic Forum holding from Jan 22 to Jan 25, 2019 in Davos, Switzerland, the All Progressives Congress Governorship Candidate, Babajide Sanwo-Olu, has highlighted the enormous investment opportunities in Lagos State at an exclusive session with selected Swiss Investors in Geneva.

At the event held at the Mandarin Oriental Hotel, the business interaction triggered commitments of $5bn investment in infrastructure and capital projects in the state and also provided an avenue for Mr. Sanwo-Olu to further reinforce the investment opportunities in the state. While the array of investors comprising commodity traders, equity managers, investment bankers, Fintech & I.T experts, infrastructure builders, international donors, energy and power companies unanimously agreed that Lagos is fertile ground for investments, they cited political risk as a more disturbing consideration over economic risk.

In reassuring them, Sanwo-Olu told the investors that Nigeria is safe for investment and Lagos State as the economic nerve centre of the country presents the best environment for global investments. Sanwo-Olu said “There is progressive leadership and stability in the governance of Lagos State since 1999. The state has been under the administration of a party, my party, which is the All Progressives Party for more than 16years. The state has remained a reference point for infrastructural development and economic prosperity in Nigeria and West Africa. “On investors’ protection, I think that should be the least of your worries. Lagos has a comprehensive regulation that protects and shields investors. The scope of the regulation covers disputes resolution and commitment to ease of doing business.” Earlier in his speech, Sanwo-Olu informed the investors about his determination to transform Lagos into a 21st century economy. He said, “Lagos economy is adjudged to be the 5th largest in Africa and is not yet a 24-hour economy, where you can do every transaction round-the-clock, do you think we have really maximized the potentials of that economy? “We are saying it is a large and growing economy, and you are not playing in it yet. This THEME agenda beyond being the focus areas of our government, it is also indicative of areas of possible collaboration between you and our government. “Like I said, Transportation & Traffic Management, Health & Environment, Education & Technology, Making Lagos a 21st century economy and Entertainment & Tourism are the topline agenda our government will pursue upon election in 2019.”

While assuring Sanwo-Olu of investors’ and multilateral institutions’ commitment to Lagos and Nigeria, Country Portfolio Manager, High Impact Africa 1 Grant Management Division of Global Fund, Ibrahim Faria pledged the commitment to support health system in Lagos State if Mr. Sanwo-Olu won the election. “I am happy to know your THEME priority areas that cover education, health, infrastructure and strengthening private sector investments in your state. We will work with you if you win your election. We have particular interest to support health system in Lagos. Global Fund is an important partner of the Nigerian government where we are funding support for HIV/AIDS, Malaria and other diseases.”..

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http://www.insiderpostonline.com/news/just-in-sanwo-olu-secures-trade-commitment-from-swiss-investors/

IN WHAT CAPACITY IS HE DOING THAT?

PaChukwudi44:
IN WHAT CAPACITY IS HE DOING THAT?

You tell me
As the incoming Governor of the state, i presume

based on what ? let's face reality for now Sanwo is in no position to get commitment from any Swiss investor when elections haven't even held and he hasn't won neither has he been sworn in ..

SalamRushdie:
based on what ? let's face reality for now Sanwo is in no position to get commitment from any Swiss investor when elections haven't even held and he hasn't won neither has he been sworn in ..

he dey pain this one ooo
you can end everything with a suicide or run away like nnamdi kanu and Ojukwu.

PaChukwudi44:
IN WHAT CAPACITY IS HE DOING THAT?

In what capacity did Saraki pay the outstanding salary of the Kwara local government workers? Schmuck

PaChukwudi44:
IN WHAT CAPACITY IS HE DOING THAT?

my thoughts exactly. The incoming stooge should wait for the outgoing stooge.

SalamRushdie:
based on what ? let's face reality for now Sanwo is in no position to get commitment from any Swiss investor when elections haven't even held and he hasn't won neither has he been sworn in ..

I hope your political alliance with PDP has not beclouded your level of reasoning to know the definition of what commitment stands for?

Omoluabi16:
my thoughts exactly. The incoming stooge should wait for the outgoing stooge.

So you have agreed PDP has no place in Lagos and Nigeria at large

Afamed:

So you have agreed PDP has no place in Lagos and Nigeria at large

you're okay with that kind of leadership. I'm not. Run along now.

In a country where majority are clinically insane...

They won't ask how? In what capacity?