Lagos State Governor, Babajide Sanwo-Olu has secured a partnership with the African Export-Import Bank and Access Bank for an investment of $1.352 billion in the state’s infrastructure.
Sanwo-Olu signed the partnership deal on Tuesday, October 31, with the two banks at the second Africaribbean Trade and Investment Forum 2023 held in Georgetown, Guyana.
“It was a significant moment in Guyana at the Africaribbean Trade and Investment Forum 2023 as we’ve secured a partnership with the African Export-Import Bank and Access Bank for a massive investment of $1.352bn in Lagos.
“This investment will power our long-term infrastructure projects, demonstrating confidence from international and local partners in our growing economy,” Sanwo-Olu said via his verified X handle.
The governor noted that the investment will help the state to execute key projects, including the Fourth Mainland Bridge, Omu Creek Project, and the second Phase of the LRMT Blue Line from Mile 2 to Okokomaiko in the state.
The governor added, “We’re committed to creating a better future for Lagos and its people.
“Our vision for Lagos is becoming a reality with the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe. These projects will further boost our economy and serve generations to come.”
Comments