Governor Babajide Sanwo-Olu has reaffirmed Lagos State’s commitment to establishing the Lagos International Financial Centre (LIFC) as a strategic pillar of Nigeria’s economic transformation. Speaking at a high-level training programme held at the Møller Institute, the governor said the engagement was designed to deepen collaboration with key stakeholders and firmly align the LIFC with national development priorities.
Sanwo-Olu explained that the initiative is aimed at ensuring a shared understanding of the vision behind the financial centre and its importance to the country’s future. He noted that the LIFC is not a project for Lagos alone, nor for any single individual, but a national effort to position Nigeria competitively within the global financial system.
The governor also disclosed that he provided participants with an update on the strong backing of President Bola Tinubu for the project. According to him, the President’s willingness to engage and offer leadership has strengthened confidence in the feasibility and long-term impact of the LIFC.
He stressed that a successful financial centre would stimulate job creation, attract foreign and domestic investment, and send a powerful signal that Nigeria is prepared to compete at the highest levels of international finance. “If we get this right, we will unlock new opportunities for our people and enhance Nigeria’s standing in the global economy,” he said.
Sanwo-Olu expressed appreciation to partners supporting the initiative, including TheCityUK, the Foreign Commonwealth and Development Office, EnterpriseNGR, and other private sector leaders.
He concluded by emphasising that groundwork for the LIFC has begun and called on all stakeholders to remain focused and committed to seeing the project through to completion.
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