LESG pledges support for Lagos megacity

The Lagos Economic Summit Group has pledged its commitment to support the Lagos State to be Africa’s model megacity and financial hub.

A statement said with the forthcoming Ehingbeti Summit scheduled to hold in October, over four areas in Lagos have been sensitised on the summit aimed at brainstorming innovative ideas and economic blueprints to make Lagos a 21st century economy.

According to the statement, with over 222 resolutions out of which 210 resolutions had been implemented, the state had achieved a 77 per cent budget performance, with plans to hit 100 per cent ongoing.

The Co-Chairman, Ehingbeti Lagos Economic Summit and Commissioner of Economic Planning and Budget, Lagos State, Sam Egube, at a pre-summit stakeholders engagement in Lagos, said, “This meeting again to announce that Ehingbeti is here again and coming again and to celebrate that plan and give account of what Ehingbeti and Lagos have achieved with all the resolutions that we have.”

He stated that Lagos controls about 50 per cent of trading businesses in West Africa.

Egube added that Ehingbeti represented the economic heritage of the Marina and Broad street areas of Lagos State, which served as the springboard for Nigeria and West Africa Socio-economic development right from the time of European incursion.

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