2025 LITF: Lagos Promises MSMEs Continued Visibility, Capacity Building, Market Access
- eniolasalvador27
- 3 days ago
- 2 min read
The Lagos State Government has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises (MSMEs) through enhanced visibility, capacity building, and improved market access as it closed the 2025 Lagos International Trade Fair (LITF) on Sunday.
Governor Babajide Sanwo-Olu, represented by the Commissioner for Information and Strategy, Mr. Gbenga Omotoso, said investors continue to choose Lagos because of its scale, connectivity, dynamism, and a business climate designed to create and sustain value.
He explained that while scale is important, it must be supported by enabling infrastructure, smart policies, digital readiness, and an environment where entrepreneurs can thrive, noting that progress is reflected in the impact on human lives rather than statistics alone.
Sanwo-Olu pledged intensified government support for MSMEs, describing them as the backbone of Lagos’ economy, and highlighted the vital partnership with the Lagos Chamber of Commerce and Industry (LCCI) in strengthening export readiness and expanding market opportunities.
Also speaking, Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem, said Lagos was deliberately building an enabling environment where every entrepreneur, regardless of size, could succeed through sustained infrastructure investment and institutional reforms.
“This fair has once again demonstrated the power of connection between producers and consumers, investors and innovators, government and private sector, local entrepreneurs and global brands,” she said.
“Every handshake, every conversation, every business card exchanged here is a building block toward the future we are creating, a future of prosperity that leaves no one behind,” she added
President of the LCCI, Mr. Gabriel Idahosa, urged governments at all levels to strengthen infrastructure, improve security, and implement the right policies to curb inflation, noting that a stable environment is essential to unlock Nigeria’s economic potential and support private sector-led growth.
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