Lagos State unveils 30-year development plan
Lagos State Governor Babajide Sanwo-Olu says the state’ 30-year Development Plan aims to catalyse economic growth with its 20-point focus areas which came about through a robust engagement with stakeholders.
Thu, 13 Oct 2022 11:50:52 GMT
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AI Generated Summary
- The development plan focuses on four critical pillars and 20 different strategies to drive economic growth and innovation in Lagos State.
- Lagos aims to become a human-centric city and a hub for hyper-scale skills, preparing for the future of work in key sectors like technology and entertainment.
- Ongoing engagement with stakeholders, including CEOs and young entrepreneurs, is a key component of the inclusive approach to governance, fostering collaboration and innovation.
Lagos State Governor Babajide Sanwo-Olu has unveiled a comprehensive 30-year development plan aimed at catalyzing economic growth in the region. This ambitious roadmap, consisting of 20-point focus areas, was crafted through extensive engagement with stakeholders from the private sector and development partners. The plan, described as a deep and well-thought-out document, is designed to evolve over time to meet the changing needs of the state, with a focus on four critical pillars and 20 different strategies. While the specifics may be subject to adjustment in the future, the core principles of the plan will endure.
The first pillar of the development plan is centered around ensuring a robust and driving economy for Lagos. This includes initiatives to attract investment, promote innovation, and create a conducive business environment. The second pillar highlights the goal of transforming Lagos into a human-centric city, with a focus on developing a skilled workforce that can meet the demands of the future job market. The governor emphasized the importance of positioning Lagos as a hub for hyper-scale skills and the future of work, particularly in sectors like technology, training, and entertainment.
Governor Sanwo-Olu also underscored the significance of ongoing engagement with key stakeholders, including CEOs and young entrepreneurs. He cited feedback from these groups, indicating their appreciation for the government's support and a desire for more opportunities to collaborate and innovate. This inclusive approach to governance has been well-received, with stakeholders expressing optimism about the future of Lagos as a dynamic and thriving urban center.
The governor referenced a recent report by Google, which predicted a growing demand for developers globally. He highlighted Lagos' potential to meet this demand by fostering a culture of skill development and entrepreneurship. By cultivating a supportive ecosystem for businesses and individuals alike, the state aims to attract and retain top talent while driving sustainable economic growth.
As the development plan takes shape, Governor Sanwo-Olu emphasized the importance of ongoing dialogue and collaboration. He affirmed that the engagement process would continue beyond the initial summit, ensuring that the voices of all stakeholders are heard and considered. This commitment to inclusivity and partnership bodes well for the implementation of the ambitious 30-year vision for Lagos State's future.