…Sanwo-Olu to Chair the Council
As part of measures to become Africa’s premier financial centre, the governor of Lagos State, Babajide Sanwo-Olu, has inaugurated the Lagos International Financial Centre Council (LIFC).
The newly-inaugurated LIFC Council is a ground-breaking public-private sector collaboration between the Lagos State Government and EnterpriseNGR, a non-profit private sector advocacy group that promotes the growth and development of Nigeria’s Financial and Professional Services (FPS) sector as a catalyst for economic development.
Sanwo-Olu, who will chair the council, said the collaboration between Lagos State and EnterpriseNGR is built on their shared goal of positioning Lagos as Africa’s premier financial centre.
He said the state will make history as the first African participants invited to join the prestigious Lord Mayor’s Show’s 805th procession in London.
The governor said with the LIFC Council leading the charge, and in line with its strategic mandate, to not only attract global investors but also to ignite a wave of economic growth and innovation within the state, Lagos aims to captivate global investors, unveil its potential as an investment destination of choice, and pave the way for a transformative era of economic prosperity.
“Lagos is not just going to London for the parade and pageantry; this visit has a more strategic purpose. This is a prime opportunity to showcase Lagos on a global platform. The newly inaugurated LIFC Council signifies not just an institutional milestone, but a commitment to a bold vision—positioning Lagos as the beacon of financial innovation in Africa,” he said.
He stressed that the Lord Mayor, Professor Michael Mainelli’s invitation stands as a resounding endorsement of Lagos State’s commitment to excellence, as well as recognition of its increasing economic prominence.
EnterpriseNGR’s Chairman, Mr Aigboje Aig-Imoukhuede CON, who joins the Governor as Co-Chair of the Council added; “EnterpriseNGR stands as a catalyst for transformative change in Nigeria’s financial and professional services sector.
“Our vision extends beyond advocacy; it’s a commitment to incentivise investments that go beyond financial gains.”
