[News] Benefits of the 8th Lagos Economic Summit

The 8th Lagos Economic Summit, also known as Ehingbeti, is set to hold her 8th edition with the theme “For a greater Lagos: setting the tone for the next decade”.

Being a platform where private and public sectors meet to discuss issues critical to the development of the megacity, it has been instrumental to the execution of major projects in the state. Popular projects like, the BRT transport lines and the Eko bridge — that have greatly eased transportation for commuters — were spurred by this summit. This year is going to be no different from the previous editions in birthing new frontiers.

 

 

This summit will bridge knowledge gaps, drive policies, encourage innovations and promote positive social change for a better future. At the heart of the activities lined up for the programme is to spark up conversations that would lead to profitable partnerships and investments in a greater tomorrow for the state and country at large. It is an opportunity for investors to take advantage of as Lagos moves towards the achievement of a megacity in the next/incoming decade.

 

The generation of ideas and implementation of innovative technologies undoubtedly drives an economy along the path of progress and development. This year’s summit comes with the same aim but with different challenges peculiar to the times we are in that need to be tackled to foster growth in the state.

 

 

The youth make up a significant number of the population in the state. The participation of this fragment of the population in this much needed summit would largely influence the policy reforms and resolutions at the end of the event.

 

Lagos as a state, has a part to play in reviving the economy as the ‘industrialisation hub/centre’ of the country. Asides strengthening development, it is leveraged on to boost social and business networks. Building strong institutions are a necessary foundation for growth because they stand the test of time and leave long lasting legacies.

 

Records have it that more than half of the resolutions posed at previous summits have been implemented. This leaves only a few resolutions outstanding from all the sectors of the economy combined. You must agree that it is a great time to come together and be a part of the transformation process.