During the launch of the Phase 1 Report for the Lagos International Financial Centre (LIFC), Lagos State Governor Babajide Sanwo-Olu encouraged stakeholders from both the public and private sectors to maintain collaboration aimed at positioning Lagos as a global financial hub. This initiative is part of a larger ambition to develop the state's financial landscape, in line with the objectives outlined two years ago when the LIFC project was conceived. The governor highlighted the importance of this project as a mechanism to draw international capital and bolster Nigeria's financial markets.

Sanwo-Olu articulated that the LIFC is not merely a local initiative but one that seeks to foster economic growth and create sustainable opportunities for the future of the Nigerian economy. He stressed that the foundation laid by the LIFC would benefit not just the present but also generations to come, aiming to transform Nigeria’s financial ecosystem at large. The vision set forth by the governor reflects broader economic aspirations for the country, positioning Lagos at the forefront of global financial dialogues.

As chair of the LIFC Council, Sanwo-Olu's leadership underlines the strategic importance of the LIFC in establishing an environment conducive to investment and the growth of financial services. This effort could potentially enhance Lagos's status in the global market and stimulate economic development, not only locally but on a national level as well. The successful implementation of the LIFC could signify a pivotal step forward in Nigeria’s quest for economic diversification and resilience in a changing global economy.