Ambode to attend Global African Investment Summit

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In furtherance of his administration’s effort to boost foreign direct investment, Lagos State Governor, Mr. Akinwunmi Ambode will join other participants for this year’s edition of the Global African Investment Summit taking place in London next week.

He is expected to deliver a keynote address on investment opportunities in Lagos.

According to a statement signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, the Summit will afford the Governor the opportunity to intimate willing investors on the various opportunities that abound in the state.

“At the commencement of his administration, Governor Ambode set out by putting structures in place that will create an enabling environment for local and foreign investments to thrive and eliminate bureaucratic bottlenecks which hitherto discourage investors from doing business in the state”.

“With the creation of the Office of Overseas Affairs and Investment, the Governor is leading from the front to ensure that Lagos continues to be the choice destination for investors. This will no doubt create job opportunities for our teeming youths”, Ayorinde said.

The Governor is also expected to attend the Lagos Investment Roundtable, a business meeting put together by PriceWaterHouseCoopers Global Forum opening in London on Monday.

The statement also said that the Governor is also billed to attend the Climate Change Summit where about 40 major cities of the world will be represented.

“The economic benefit of these trips is expected to culminate in more investments into the state, which will also have a direct impact on the Gross Domestic Product (GDP) of the state and the people of Lagos will be the ultimate beneficiaries”, Ayorinde said.

Source: Vanguard