LAGOS State Governor, Mr. Babajide Sanwo-Olu, yesterday signed an Executive Order establishing Lagos International Financial Centre (LIFC) Council in furtherance of his government’s objective to make Lagos the Africa’s premier financial centre.
The LIFC is an initiative developed through a partnership between Lagos State Government and EnterpriseNGR – a member-led advocacy group that promotes the growth and development of Nigeria’s Financial and Professional Services (FPS) sector as a catalyst for economic development.
Lagos State and EnterpriseNGR, are poised to make history as the first African participants invited to join the prestigious Lord Mayor’s Show’s 805th procession in London. The ground-breaking collaboration between Lagos State and EnterpriseNGR is built on their shared goal of positioning Lagos as Africa’s premier financial centre.
In his address at the inauguration of the council, the governor said the Lagos International Financial Centre (LIFC) Council is being propelled in partnership with EnterpriseNGR – a member-led advocacy group that promotes the growth and development of Nigeria’s Financial and Professional Services (FPS) sector as a catalyst for economic development.
The governor who will Chair the Council emphasised that the key objective of this historic participation in the Lord Mayor’s Show is to showcase the investment potential of Lagos and to elevate the state as a global investment destination
The governor pointed out that LIFC Council’s objective established with Executive Order 3 is clear, as it would help to align strategic partnerships that contribute to the economic prosperity of Lagos and Nigeria by establishing Africa’s premier International Financial Centre in Lagos in line with the economic recovery plans of the federal government.
