Babajide Sanwo-Olu has received the Chief Executive Officer of the Commonwealth Enterprise and Investment Council (CWEIC), Samantha Cohen, as Lagos State formalised a strategic partnership in preparation for the forthcoming Invest Lagos 3.0.
The meeting, which formed part of the state’s ongoing engagement with international investment stakeholders, underscored Lagos’ determination to attract quality investments that align with its long-term development goals. Governor Sanwo-Olu noted that the partnership with CWEIC would strengthen Lagos’ position as a preferred destination for global investors seeking opportunities in Africa’s largest subnational economy.
According to the Governor, Lagos is no longer focused solely on attracting capital but on ensuring that investments are properly structured and directed toward priority sectors capable of delivering measurable economic impact. He stressed that the state is committed to translating investment pledges into concrete projects that create jobs, improve infrastructure, and boost productivity.
Discussions during the meeting centred on areas of collaboration, including infrastructure financing, trade facilitation, and private-sector participation in key growth sectors such as transportation, energy, technology, and housing. The engagement also explored how CWEIC’s global network across Commonwealth countries could be leveraged to connect Lagos with credible investors and strategic partners.
Ms. Cohen commended the Lagos State Government for its proactive approach to investment promotion and expressed confidence in the state’s reform agenda. She reaffirmed CWEIC’s readiness to support Lagos through investor matchmaking, policy dialogue, and the promotion of bankable projects to international financiers.
Governor Sanwo-Olu described Invest Lagos 3.0 as a critical platform for showcasing the state’s investment opportunities and demonstrating its readiness to do business. He added that the administration is prioritising transparency, efficiency, and accountability to ensure that investments deliver visible and lasting benefits to residents.
The partnership, he said, represents a shared commitment to moving beyond declarations of interest to tangible economic progress, reinforcing Lagos’ vision of becoming a globally competitive and investor-friendly city.
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