Lagos State Governor, Mr. Babajide Sanwo-Olu, has achieved a significant milestone by securing a partnership with the African Export-Import Bank and Access Bank for a substantial investment of $1.352 billion in Lagos’ infrastructure. The governor formalized this collaboration with the two financial institutions during the second Africaribbean Trade and Investment Forum 2023, held in Georgetown, Guyana.
In a statement, Governor Sanwo-Olu shared the significance of this partnership, stating, “It was a significant moment in Guyana at the Africaribbean Trade and Investment Forum 2023 as we’ve secured a partnership with the African Export-Import Bank and Access Bank for a massive investment of $1.352 billion in Lagos.”
This substantial investment is set to fuel the implementation of long-term infrastructure projects within Lagos. Governor Sanwo-Olu highlighted specific initiatives that will benefit from this funding, including the Fourth Mainland Bridge, the Omu Creek Project, and the second phase of the LRMT Blue Line from Mile 2 to Okokomaiko.
He emphasized the commitment to creating a brighter future for Lagos and its residents, and how these infrastructure projects align with their vision. “Our vision for Lagos is becoming a reality with the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe. These projects will further boost our economy and serve generations to come.”
The partnership signifies a significant step towards enhancing Lagos’ infrastructure, contributing to its development and economic growth.