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Nigerian Governor Pitches for $1bn at Africa Investment Forum 2023

Nov 17, 2023 09:51 AM
Nigerian Governor Pitches for $1bn at Africa Investment Forum 2023

Governor Babajide Sanwo-Olu, at the ongoing 2023 Africa Investment Forum, made a strong pitch to investors for a raft of big-ticket projects for which he needs $1 billion to finance.

Sanwo-Olu says Lagos does not just want to be a big elephant in Africa but a big one that works, one that is liveable and predictable for investors.

He says that the state was working on a Film City which will be the biggest in Africa and would cost $100 million, for which investors are required to help the state realise.

He added that the state was working to make Lagos a ‘small Africa’ where everyone comes and that investment partners were needed to make this possible.

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