Lagos GDP Has Increased In Last Five Years, Says Sanwo-Olu

…..Promises corporate governance, thriving economy for residents, businesses

Lagos State Governor, Mr. Babajide Sanwo-Olu, said the State’s Gross Domestic Product (GDP) has increased significantly in the last five years of his administration due to well thought-out ideas and economic policies.

Governor Sanwo-Olu spoke on Wednesday during a courtesy visit by the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN), led by its President and Chairman, Prof. Pius Olanrewaju, at the Lagos House, Ikeja.

He also pledged his administration’s commitment to continue to improve the State’s economy for businesses to thrive and increased prosperity in a safe environment.

In a related development, the Governor pledged his administration’s commitment to collaborate with the Chartered Institute of Secretaries and Administrators of Nigeria (ICSAN) to ensure corporate governance and administration in the State.

Governor Sanwo-Olu made the commitment during a courtesy visit by the President and Chairman in Council of ICSAN, Mrs. Funmi Ekundayo, and other members of the Institute at the Lagos House, Ikeja, on Wednesday.

Sanwo-Olu said Lagos will continue to be home to all Nigerians, adding that the State Government will create more platforms and opportunities for people to grow.

Speaking earlier, Prof. Olanrewaju commended the Governor Babajide Sanwo-Olu administration for remarkable achievements, good governance, and delivery of democracy, which have impacted positively on the lives of millions of Lagos residents.

Prof. Olanrewaju said CIBN has put several measures in place to tackle the ‘Japa syndrome’ in the banking sector, among which is the establishment of a state-of-the-art academy to train new personnel within a short period of time and render quality services to the people, as well as upholding the ethics and professionalism of the sector.

The CIBN executives during the visit announced Governor Sanwo-Olu and the Minister of Finance Mr. Wale Edun as Fellows of the Chartered Institute of Bankers of Nigeria.

In her address, the President and Chairman in Council of (ICSAN), Mrs. Ekundayo, also commended Governor Sanwo-Olu for his administration’s developmental strides achieved through the THEMES+ Agenda.

Ekundayo sought the government’s collaborations on capacity building for the Lagos State workforce, support for corporate governance, and enhancing capabilities.

She also advocated building the right corporate governance structure both in the private and public sectors across the country.