HomeBusinessShettima, Sanwo-Olu, Oyedele say economic reforms attracting local, foreign capital

Shettima, Sanwo-Olu, Oyedele say economic reforms attracting local, foreign capital

…pitch Lagos as premier Africa’s biz hub

Nigeria’s Vice President Kashim Shettima; Lagos State Governor Babajide Sanwo-Olu; and Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, posited on Monday that the economic reforms being undertaken by the Nigerian government are attracting local and foreign capital into the country.

The trio also acknowledged Lagos as Africa’s leading investment destination, highlighting ongoing infrastructure expansion in the state as critical to businesses and investors.

They spoke at the opening of the Invest Lagos Summit 3.0 in Lagos, presenting the state as a strategic hub for trade, innovation and long-term economic growth, urging investors to take advantage of emerging opportunities across key sectors.

Shettima described Lagos as “Africa’s gateway to global wealth,” noting that the state continues to attract multinational corporations and foreign investments due to deliberate policies, strong institutions and a conducive business environment. According to him, Nigeria possesses the

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