Lagos targets N4trn investment inflows with invest in Lagos 3.0 summit
The Lagos State Government yesterday unveiled plans to attract over N4 trillion in local and foreign direct investments through the third edition of its flagship investment forum, Invest in Lagos 3.0. The summit, scheduled to hold from June 8 to June 9, 2026, at Eko Hotels & Suites, is being organised in partnership with the […]
The Lagos State Government yesterday unveiled plans to attract over N4 trillion in local and foreign direct investments through the third edition of its flagship investment forum, Invest in Lagos 3.0.
The summit, scheduled to hold from June 8 to June 9, 2026, at Eko Hotels & Suites, 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, Folashade Bada Ambrose-Medebem, said the summit was designed to position Lagos as Africa’s leading sub-national hub for capital inflows, trade integration, financial innovation and infrastructure development.
According to her, the forum, themed: “Lagos: The Business Gateway to Africa – Where Innovation Meets Capital,” would bring together business leaders, investors and experts from the 56 Commonwealth nations to explore investment opportunities across strategic sectors of the economy.
She explained that the summit would focus on critical sectors including infrastructure, industrialisation, digital economy, agriculture, energy transition, logistics, financial services, real estate and SME development.
Ambrose-Medebem expressed optimism that the outcomes of Invest in Lagos 3.0 would surpass those of previous editions through stronger global participation and clearer implementation frameworks.
She said: “Lagos sits at the centre of the African economic story. With a population in excess of 23 million people, a GDP that ranks among the largest city economies on the continent, expanding infrastructure, a vibrant innovation ecosystem, a growing industrial base, and one of the busiest seaports in Africa, Lagos remains uniquely positioned as the preferred destination for investment, trade, manufacturing, finance, technology and enterprise development.”
Also speaking, the Co-Chair of the Local Organising Committee and Deputy Chief of Staff to the Lagos State Governor, Sam Egube, disclosed that over 29 global speakers from different countries and industries had already confirmed participation in the summit.
Egube said the summit would move beyond discussions to tangible investment outcomes, adding, “This is going to be significantly bigger.”
“This summit will move conversations into measurable outcomes. In fact, the summit will spotlight key sectors including technology, infrastructure, healthcare, transportation, energy, environment and the creative economy,” he said.
The state government noted that the summit aligns with the Lagos State Development Plan 2052 and the T.H.E.M.E.S+ agenda of the current administration aimed at accelerating socio-economic growth and strengthening fiscal sustainability.
According to organisers, between 500 and 600 high-level delegates, including sovereign wealth funds, multilateral institutions, development finance institutions, structured finance experts, trade networks and senior government officials are expected at the event.
Among dignitaries confirmed for the summit are the Governor of Lagos State, Babajide Sanwo-Olu; Deputy Governor, Dr. Kadri Obafemi Hamzat; Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole; Chair of CWEIC, Lord Marland; Commonwealth Secretary-General, Shirley Botchwey; Co-Chair of Lagos Finance and Investment Council, Aig Imoukhuede; and Chief Growth and AI Officer, Middle East and Africa, Microsoft, Tomiwa Williams.
Other expected participants include the Managing Director/CEO of First Bank of Nigeria, Olusegun Alebiosu; Managing Director/CEO of Sterling Bank, Abubakar Suleiman; Managing Director/CEO of Lagos Free Zone, Adesuwa Ladoja; Chairman of the Nigeria Sovereign Investment Authority, Segun Ogunsanya; Vice President of Adani Group, Shahzad Athar; and CEO of Benoy, Tom Cartledge, among others.
Organisers added that beyond attracting investments, the summit would serve as a platform to deepen structured engagement between Lagos and global capital providers while showcasing the state’s long-term investment sustainability.