GDP of Lagos goes up as Governor Sanwo-Olu claimes success to ideas, economic settings
L-R: President, Chartered Institute of Bankers of Nigeria (CIBN), Prof. Pius Olanrewaju receiving Lagos State Government plaque from the Governor, Mr. Babajide Sanwo-Olu during a courtesy call by the governing council of CIBN at the Lagos House, Marina, on Wednesday, 18 September 2024
In recognition of his contributions to the banking sector, Governor Sanwo-Olu, along with the Minister of Finance, Mr. Wale Edun, was conferred with the honorary title of Fellow of the Chartered Institute of Bankers of Nigeria during the visit.
Lagos State Governor, Babajide Sanwo-Olu, has announced a significant increase in the State’s Gross Domestic Product (GDP) over the past five years, attributing the growth to well-planned ideas and economic policies implemented by his administration.
Sanwo-Olu made the statement on Wednesday during a courtesy visit by the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN), led by its President and Chairman, Prof. Pius Olanrewaju, at the Lagos House in Ikeja.
The Governor also reiterated his administration’s commitment to further enhancing the State’s economy, fostering a conducive environment for businesses to thrive, and ensuring increased prosperity in a safe and secure setting.
In a separate meeting, Governor Sanwo-Olu pledged to collaborate with the Chartered Institute of Secretaries and Administrators of Nigeria (ICSAN) to promote corporate governance and effective administration across the State.
This commitment was made during a courtesy visit by the President and Chairman of ICSAN, Mrs. Funmi Ekundayo, and other members of the Institute, also at the Lagos House in Ikeja.
Sanwo-Olu emphasized Lagos’ role as a welcoming hub for all Nigerians, adding that his administration would continue creating platforms and opportunities for the growth and success of its residents.
During the visit, Olanrewaju commended the Governor for his administration’s remarkable achievements in governance and democracy, noting the positive impact on millions of Lagosians.
He also highlighted CIBN’s efforts to address the “Japa syndrome” in the banking sector, including the establishment of a state-of-the-art academy to train personnel and maintain high standards of ethics and professionalism.
In recognition of his contributions to the banking sector, Governor Sanwo-Olu, along with the Minister of Finance, Mr. Wale Edun, was conferred with the honorary title of Fellow of the Chartered Institute of Bankers of Nigeria during the visit.
In her remarks, Ekundayo lauded Governor Sanwo-Olu for his developmental strides achieved through the THEMES+ Agenda.
She called for increased collaboration between the State Government and ICSAN, particularly in capacity building for the Lagos State workforce and enhancing corporate governance across both private and public sectors nationwide.
