The Lagos State Governor, Babajide Sanwo-Olu has reiterated his resolve to foster a market-driven and innovation-led financial sector in the state.
He made the commitment at the Lagos International Financial Centre (LIFC) stakeholder meeting on Tuesday.
He said Lagos State through the LIFC, will collaborate with EnterpriseNGR and other key stakeholders, to create an environment that promotes seamless trading, attracts foreign investments, and enhances the competitiveness of our financial markets.
The governor described the move as a strategic step in reinforcing Lagos’ position as Africa’s leading financial hub.
“By addressing current market challenges and fostering strong collaboration between the government and the private sector, we will enhance capital market growth, attract global investments, and drive innovation in the financial industry.
“As Nigeria’s most significant economic and financial centre, Lagos is critical in driving the nation’s capital markets. Our licensed exchanges are central to this ecosystem, facilitating investment flows, enhancing market liquidity, and promoting financial literacy,” he said.
He added that through the LIFC project, the state will strengthen its market infrastructure and unlock new opportunities for public-private partnerships in technology and capital market development.
