The governor of Lagos State, Mr. Babajide Sanwo-Olu, gave an assurance on Wednesday ahead of the 2022 Ehingbeti Summit that his administration is still dedicated to learning the right lessons from the past by carrying out its resolutions.

Speaking at the Lagos Economic Summit Group (LESG) Private-Public Partnership Pre-Ehingbeti Stakeholders Engagement on “Building a Sustainable Future for a Greater Lagos,” Governor Sanwo-Olu provided this assurance while highlighting the significant role the Ehingbeti Economic Summit had played in the state’s development.

The governor, accompanied by the deputy governor, Dr. Kadri Obafemi Hamzat, recalled that previous summits had resulted in the creation of a number of initiatives, including the Lagos State Employment Trust Fund and the Lagos State Security Trust Fund, in addition to the majority of the important infrastructure that dot the state’s landscape. The governor claimed that these accomplishments attested to the caliber of the decisions made during previous exercises.

“The quality of resolutions of past Summits speaks to the birth of several initiatives, including the Lagos State Employment Trust Fund, the Lagos State Security Trust Fund, and most of the key infrastructure that dot the state’s landscape as well as innovative initiatives that have profoundly elevated Lagos’s status as a functional mega-city,” he said.

Sanwo-Olu, while noting that governance is not a one-man show as, according to him, no government, irrespective of the quality of its officials can claim a monopoly of knowledge or idea, however, stressed that Pre-Ehingbeti stakeholder’s engagement was organised to sensitise key stakeholders on upcoming 2022 Ehingbeti economic summit and seek inputs on the proposed 30-year Lagos State development plan (2022 –2052) which would be formally presented at the summit for deliberation and final adoption for implementation.
President/chairman of the council of the Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara, earlier in his welcome address, emphasised that the event served as a platform for engagement between the government and members of the banking and finance community who were also critical stakeholders of the ‘Greater Lagos’ agenda.

Opara continued, saying that the program—which is a prelude to the Ehingbeti summit—offers the state government and stakeholders in the private sector a chance to share views on the most practical and efficient means of quickening the state’s growth and development.
As a result, he urged the banking industry to back state government initiatives by allocating funds to vital areas that will help Lagos State grow into one of the largest economies in Sub-Saharan Africa.