Lagos govt, EnterpriseNGR partner on infrastructure dev’t

Lagos State Government and EnterpriseNGR have concluded the second meeting of the Lagos International Financial Council with both parties agreeing to boost infrastructure development, international reputation among others. One of the outcomes of the meeting include agreement to establish the InvestLagos Reception as an annual event, starting with the InvestLagos 2024 will hold in November […]

Lagos State Government and EnterpriseNGR have concluded the second meeting of the Lagos International Financial Council with both parties agreeing to boost infrastructure development, international reputation among others.

One of the outcomes of the meeting include agreement to establish the InvestLagos Reception as an annual event, starting with the InvestLagos 2024 will hold in November 2024.

Similarly “The Council also considered the importance of Licensed Exchanges (securities, commodities, etc.) in the LIFC market infrastructure; and thereafter unanimously resolved that the LIFC Council, led by the chairman and co-Chairman, should engage with all exchanges hosted by Lagos State with a view to exploring how the government can support efforts at deepening the markets and opening them up to more local and international investors. 

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“It also agreed to establish the legal and governance, strategy and finance;  regulatory framework and incentives;  infrastructure and operations and;(v) investment promotion and public relations which will be resourced with members of the LIFC Council as well as relevant professionals from the FPS sector in Nigeria and globally.”

It also unanimously resolved to continue to promote diaspora investor confidence through the promulgation of an enabling and conducive business environment and articulated its plans to engage the diaspora community through a structured unit of the LIFC.