LASG restates commitment to business-friendly environment
Governor Babajide Sanwo-Olu of Lagos State
The Lagos State Governor, Babajide Sanwo-Olu, has said the State Government is fully committed to fostering a business-friendly environment as well as market-driven, innovation-led financial sector.
He said the Lagos State Government, through the Lagos International Financial Centre, which is being established in collaboration with EnterpriseNGR and other key stakeholders, will create an enabling environment that supports seamless trading, attracts foreign investment, and enhances the competitiveness of the financial markets.
Sanwo-Olu spoke during a meeting with licensed exchanges and key stakeholders on the Lagos International Financial Centre project, held at Lagos House, Marina, on Tuesday.
Sanwo-Olu, who is the co-Chairman of the LIFC Project, alongside Aigboje Aig-Imoukhuoede, said the collaboration between the Lagos State Government, EnterpriseNGR, and other key stakeholders on the LIFC project, is a testament to the collective commitment to strengthening Lagos’ position as Africa’s premier financial hub.
He said, “As Nigeria’s largest economic and financial centre, Lagos plays a critical role in driving the nation’s capital markets. Our licensed exchanges are at the heart of this ecosystem, facilitating investment flows, enhancing market liquidity, and promoting financial literacy.
“The Lagos State Government is fully committed to fostering a market-driven, innovation-led financial sector.
“Through the LIFC project, in collaboration with EnterpriseNGR and other key stakeholders, we aim to create an enabling environment that supports seamless trading, attracts foreign investment, and enhances the competitiveness of our financial markets.
“This initiative will not only strengthen our market infrastructure but also unlock new opportunities for public-private partnerships in technology and capital market development.”
Also speaking, the Co-Chairman of the LIFC Project, Aigboje Aig-Imoukhuede, charged the CEOs of Licensed Exchanges – Nigerian Exchange Group, FMDQ Group Plc., NASD OTC Security Exchange Limited, and Lagos Commodities and Future Exchange — to align global best practices with the Lagos financial ecosystem.
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