Lagos Commits to Strengthening Africa Investment Leadership
- Jan 7
- 2 min read
Lagos State has reaffirmed its determination to maintain its status as a leading investment destination across Africa. The state government is prioritizing policies that encourage industrial growth, trade expansion, and entrepreneurial development.
Folashade Ambrose, the Commissioner for Commerce, Cooperatives, Trade and Investment, emphasized that achieving this vision requires consistent commitment from all ministry staff. She called on employees to adopt innovative strategies and deliver results that will benefit the state’s economy.
The commissioner spoke at the ministry’s annual prayer and briefing session marking the first workday of 2026, praising staff for their contributions to the ministry’s achievements in the past year. She highlighted teamwork and dedication as key drivers of past successes.
Ambrose noted that 2026 presents new opportunities to enhance the state’s industrial capacity and commercial competitiveness. She stressed that Lagos must continue to attract both domestic and international investors through a reliable and business-friendly environment.
“Lagos has the potential to become an even stronger economic powerhouse in Africa. By improving ease of doing business, promoting innovation, and leveraging our strategic location, we can sustain long-term industrial and commercial growth,” she stated.
The commissioner also highlighted the importance of aligning state industrial policies with global economic trends, including technology adoption, sustainability practices, and workforce development. Lagos aims to create a resilient economy capable of responding to global competition.
Officials pointed out that the state’s human capital, geographic advantages, and entrepreneurial culture provide a strong foundation for expanding investment opportunities. Strengthened cooperation between government and the private sector is critical for achieving these goals.
Lagos State continues to implement reforms and programs designed to enhance trade efficiency, industrial output, and cooperative development, positioning itself as a top destination for investors seeking stability, growth, and innovation in Africa.
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