Lagos GDP Has Increase Significantly In Last Five Years – Sanwo-Olu

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Pledges corporate governance, thriving economy with continued collaboration with professional bodies

Governor of Lagos State, Mr Babajide Sanwo-Olu, on Wednesday, said the State’s Gross Domestic Product (GDP) has increased significantly in the last five years of his administration, due to well thought-out ideas and economic policies.

He also reiterated his administration’s commitment to working with professional bodies to ensure corporate governance and administration in the State.

According to a press release issued by his Special Adviser on Media and Publicity, Mr Gboyega Akosile, Governor Sanwo-Olu also pledged his government’s commitment to continue to improve the State’s economy for businesses to thrive and increased prosperity in a safe environment.

He said Lagos will continue to be home to all Nigerians, adding that the State Government will create more platforms and opportunities for people to grow.

The Governor spoke during separate courtesy visits by the Governing Councils of the Chartered Institute of Bankers of Nigeria (CIBN) and the Chartered Institute of Secretaries and Administrators of Nigeria (ICSAN) in his office at Lagos House, Alausa Ikeja.

During their visit, the CIBN executives announced Governor Sanwo-Olu and the Minister of Finance Mr. Wale Edun as Fellows of the Chartered Institute of Bankers of Nigeria.

In his remarks, ICSAN President and Chairman, Prof. Pius Olanrewaju, commended the Governor Babajide Sanwo-Olu administration for remarkable achievements, good governance, and delivery of democracy, which have impacted positively on the lives of millions of Lagos residents.

Prof. Olanrewaju said CIBN has put several measures in place to tackle the ‘Japa syndrome’ in the banking sector, among which is the establishment of a state-of-the-art academy to train new personnel within a short period of time and render quality services to the people, as well as upholding the ethics and professionalism of the sector.

During the ICSAN visit, its President and Chairman in Council, Mrs. Funmi Ekundayo, leading other members of the Institute also commended Governor Sanwo-Olu for his administration’s developmental strides achieved through the THEMES+ Agenda.

Ekundayo sought the government’s collaborations on capacity building for the Lagos State workforce, support for corporate governance, and enhancing capabilities.

She also advocated building the right corporate governance structure both in the private and public sectors across the country.

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