Feb 8 • 00:05 UTC 🇳🇬 Nigeria Punch

Sanwo-Olu pledges infrastructure-led growth for Lagos

Lagos State Governor Babajide Sanwo-Olu emphasizes the importance of infrastructure in driving the state's growth and improving the quality of life for residents.

At the recent Nigeria Construction and Real Estate Outlook event, Lagos State Governor Babajide Sanwo-Olu asserted the government's commitment to enhancing infrastructure as a means to foster economic growth. He outlined plans to deepen infrastructure delivery, improve climate resilience, and ensure that urban expansion leads to better living conditions for Lagos residents. The governor highlighted that infrastructure is a fundamental element of growth, influencing the development and resilience of cities.

Sanwo-Olu's remarks came during a presentation focused on the theme 'Infrastructure Development: A Catalyst for Real Estate, Construction and Economic Growth', where he stressed that infrastructure is not merely a luxury but a crucial framework for economic expansion. He asserted that the quality of infrastructure determines the nature of growth—whether it is inclusive or exclusionary—and impacts both economic opportunities and urban resilience. His comments reflect a broader understanding of the role infrastructure plays in urban planning and development.

The governor, represented by Housing Commissioner Moruf Akinderu-Fatai, reiterated the Lagos State government's commitment to providing stable policies that support infrastructure development. By prioritizing investments in infrastructure, the administration aims to drive value creation and enhance the overall quality of life for the city's inhabitants, addressing both current needs and future challenges associated with urbanization.

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