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Lagos unveils ease of doing business strategy to promote industrial growth

By Benjamin Alade   |   06 April 2016   |   12:00 am

Ambode 11
To aid the ease of doing business in the State and promote industrial growth as well as foreign direct investment, the Lagos State government has formally unveiled its Lagos global website to provide investment services to stakeholders.

The Governor, Lagos State, Akinwunmi Ambode, explained that the Lagos Global is a one-stop shop for promoting and dealing with all domestic and foreign investments in Lagos, as well as for managing Lagos overseas affairs.

Ambode during the formal presentation ceremony of the Office of Overseas Affairs and Investment, said the State’s goal is to eliminate difficulties associated with multi-agency handling of investments.

The Governor, who was represented by the Secretary to the State Government, Tunji Bello said issues relating to immigration, documentation, land and property acquisition for business and related purposes, taxes, levies, custom and excise, to bilateral/multilateral consultations, intergovernmental and inter-organizational relations will be addressed by Lagos Global office and will afford all domestic and foreign investors who have dealings with Lagos State the best possible platform for engagement.

“Lagos Global will promote Lagos’ investment opportunities in developed and emerging economies worldwide,” he said.

He said Lagos State focal agenda is aimed at improving the economy through job creation, establishment of employment trust fund, social services, develop corporate Lagos, re-invent middle class, security, law and roads.

He added that sectors such as the health industry, housing, agriculture, tourism, transportation, and power are begging for foreign and local investments, calling on new and existing investors to take advantage of the investment opportunities in these sectors.

In the housing sector, he noted that the Lagos State government is planning to expand its Lagos Home Ownership Scheme and enforce housing control laws and regulations, while the on agricultural sec tor, he noted that farmers will be empowered through promotion of agricultural value-chain, commencement of agro-processing and expanding fish production.




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