Sanwo-Olu assignments business visionaries on imaginative plans to develop Lagos economy

Sanwo-Olu

Lagos State Governor, Mr. Babajide Sanwo-Olu has challenged entrepreneurs in the state to up their skill set, as well as improve on their creative ideas to grow the state’s economy.

Sanwo-Olu, who spoke at the maiden edition of the Lagos Island Business Fair, in 2022, said that youths must be actively productive to change the prevailing narratives of the economy.

Speaking through the Permanent Secretary in the Ministry of Commerce, Industry, and Cooperatives, Mrs. Adetutu Ososanya, the governor encouraged young people to become social business entrepreneurs and contribute to the world, rather than just making money.

He stressed that the theme of the event “EDU-SOCIAL for Entrepreneurs in Lagos Island, and Lagos State towards Social Economic Empowerment”, is no doubt an interesting thought that would build the socio-economic landscape of Lagos.

“I believe this platform can leverage socio-economic networking and Information technology to provide more interactive opportunities for the teeming youth of Lagos Island and its environs from diverse cultural, religious, social, and educational backgrounds, to advance their businesses and services,” he said.

The Co-Founder of Lagos Island Connect (LIC), Ms. Yemisi Ransome-Kuti said that the Fair was a result of the need to help businesses and youths in the Lagos Island area in particular and Lagos State at large.

She maintained that the economy requires the main elements of adding more workers to the workforce and pushing productivity higher, thereby producing more goods and services to achieve growth.

She, however, appealed to the Minister of Trade and Investment, Niyi Adebayo to further support entrepreneurs on Lagos Island with fit-for-purpose facilities on Lagos Island, which is reported as the richest local government area in the country due to the large numbers of businesses and corporate entities there.

During her presentation, the Special Adviser to the Lagos State Governor on Sustainable Development Goals (SDGs) and Investments, Mrs. Solape Hammond, said that collaboration on business connectivity in Lagos Island has been strengthened with critical engagement through economic summit by addressing the need to chart way forward on business demands.

Hammond urged youths, especially entrepreneurs to leverage technology to further promote their businesses.