Lagos State Governor, Babajide Sanwo-Olu, has commended the Federal Ministry of Industry, Trade and Investment (FMITI) for its efforts in driving economic growth, citing recent GDP and economic indicators that demonstrate the rapidly changing trade and investment landscape.

The governor noted the contributions of President Bola Ahmed Tinubu and FMITI to the nation’s economic progress.

A statement from the ministry on Tuesday said Gov. Sanwo-Olu gave the commendation when he received the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, and reaffirmed the state government’s commitment to collaborating with the ministry to boost investment, support local businesses, and create new economic opportunities for the people of Lagos.

“We are ready to collaborate more closely with FMITI to boost investment, support local businesses, and open up new economic opportunities for our people,” Governor Sanwo-Olu said.

“As a centre of excellence, we recognize the importance of partnership and cooperation in driving economic growth and development.”

The Minister, who was in Lagos for the National Council Meeting on Industry, Trade and Investment, expressed appreciation for the state’s support and
hospitality in hosting the council meeting.

Oduwole said the theme of the meeting, which was “Accelerating Diversification by Leveraging Industry, Trade and Investment for Shared Prosperity,” underscored the importance of collaborative efforts in driving economic growth.

She stressed that the ministry is committed to advancing industrial growth, trade, and investment in the country.

The meeting provided a crucial platform for commissioners from the 36 states to collaborate and drive progress in the sector.