Lagos targets third largest economy by 2020 and Africa’s mega city in 2025

The Lagos State government has reiterated its commitment to sustain the existing partnership with the private sector, with a target to become Africa’s third largest economy by 2020 and Africa’s model mega city in 2025. This it aims to do by creating more business-support infrastructure and developing sound policies, which will build a solid framework and enable businesses thrive.

The Lagos State Governor, Akinwunmi Ambode who stated this yesterday during the closing ceremony of the 2017 Lagos International Trade Fair said that the state is committed to supporting the business community through policies that will ease the process of doing business.

He added that to ensure smooth operations,  private sector should play its own part in the social contract by ensuring taxes are paid promptly in order to meet the obligations of the state.