As Lagos State plans to host over 150 speakers both in-person and virtual for the 2022 Ehingbeti Summit, it is set to launch a 30-year development plan that is aimed at boosting its GDP to $100bn.
Lagos State governor, Babajide Sanwo-Olu has disclosed that the Ehingbeti 30-year development plan was aimed at boosting its GDP to $100bn.
The 2022 Ehingbeti Summit which would both be hybrid and virtual will host over 150 speakers.
Sanwo-Olu disclosed this last week at a private-public partnership pre-Ehingbeti stakeholders’ engagement on building a sustainable future for a greater Lagos.
Sanwo-Olu said his government would continue to pursue policies that are inclusive and equitable to all over the development plan period while maintaining that his administration remains committed to taking appropriate lessons from the Summit through the implementation of its resolutions.
The plan tagged LSDP 2052, has over 400 initiatives across different metrics to drive the exclusivity of every citizen in the state.
Represented by his deputy, Dr Obafemi Hamzat, he acknowledged that governance is not a one-man show because no government irrespective of the quality of its officials can claim monopoly of knowledge or ideas.
He stated: “It is important to mention that past Summits gave birth to initiatives such as the Lagos State Employment Trust Fund which have continued to support young people with innovative ideas, to start and grow their businesses; the Lagos State Security Trust Fund through which security agencies are being assisted to be more effective in securing lives and property; design and construction/reconstruction of key road infrastructure with special consideration for the provision of pedestrian walkways.’’
Speaking on the development plan, Sanwo-Olu stressed that the “forum is organized to sensitize key stakeholders on this year’s Summit and more importantly seek your input on the proposed 30 years Lagos Development Plan which will be formally presented at the Summit for deliberation and final adoption for implementation.”
The President and Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara in his opening remarks said the engagement will institutionalise the developmental landscape in the state through the private-public state partnership to get all parties involved.
According to him, the forum is a precursor to the Ehingbeti Summit to provide an opportunity for the State Government and private sector players to exchange ideas on the most efficient and effective way of accelerating growth and development in the State, a collaboration he says is as a result of the institute’s cordial relationship with the Lagos State Government under the leadership of Governor Babajide Sanwo-Olu.
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