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Lagos Hosts Global Investors, Targets N4trn Capital Inflows

Yusuf Babalola by Yusuf Babalola
1 month ago
in Business
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The Lagos State Government has concluded plans to host the third edition of its flagship investment forum, Invest in Lagos 3.0, as it intensifies efforts to attract local and foreign direct investments worth over N4 trillion into the state economy.

The summit, scheduled to hold from June 8 to June 9, 2026, at Eko Hotels and Suites, Victoria Island, Lagos, is being organised in partnership with the Commonwealth Enterprise and Investment Council (CWEIC).

Speaking during a press conference in Lagos on Tuesday, the Co-Chair of the Local Organising Committee and Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Bada Ambrose-Medebem, said the summit is designed to position Lagos as Africa’s leading destination for investment, trade integration, infrastructure development and financial innovation.

She explained that the forum, themed “Lagos: The Business Gateway to Africa ‘ Where Innovation Meets Capital,” would bring together global investors, policymakers, business leaders and development institutions from across the 56 Commonwealth nations.

According to her, the summit will build on the achievements recorded in previous editions with stronger global participation and clearer pathways for investment implementation.

Ambrose-Medebem noted that investment opportunities would be showcased across strategic sectors including infrastructure, industrialisation, technology, agriculture, logistics, energy transition, financial services, real estate and SME development.

She described Lagos as the centre of Africa’s economic growth story, citing its population of over 23 million people, expanding infrastructure network, vibrant innovation ecosystem and strategic seaport advantage.

“Lagos remains uniquely positioned as the preferred destination for investment, trade, manufacturing, finance, technology and enterprise development,” she said.

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Also speaking, the Co-Chair of the Local Organising Committee and Deputy Chief of Staff to the Lagos State Governor, Mr. Sam Egube, disclosed that more than 29 international speakers have already confirmed participation in the summit.

Egube said the summit would focus on translating investment discussions into measurable outcomes capable of driving sustainable economic growth.

He added that discussions would spotlight key sectors such as healthcare, transportation, energy, environment, infrastructure, technology and the creative economy.

According to the organisers, between 500 and 600 high-level delegates, including sovereign wealth funds, development finance institutions, multilateral agencies, global trade networks, structured finance experts and senior government officials, are expected at the event.

Among dignitaries expected at the summit are Governor Babajide Sanwo-Olu, Deputy Governor Dr. Kadri Obafemi Hamzat, Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, Chair of the Commonwealth Enterprise and Investment Council, Lord Marland, and Commonwealth Secretary-General, Shirley Botchwey.

Others include Co-Chair of the Lagos Finance and Investment Council, Mr. Aig Imoukhuede, Chief Growth and AI Officer for Microsoft Middle East and Africa, Tomiwa Williams, Managing Director of First Bank of Nigeria, Olusegun Alebiosu, Managing Director of Sterling Bank, Abubakar Suleiman, and Chairman of the Nigeria Sovereign Investment Authority, Segun Ogunsanya.

The state government said the summit aligns with the Lagos State Development Plan 2052 and the T.H.E.M.E.S+ agenda of the present administration aimed at accelerating socio-economic growth and strengthening the state’s fiscal sustainability.

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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