The Lagos State Governor, Babajide Sanwo-Olu has reiterated his resolve to foster a market-driven and innovation-led monetary sector within the state.
He made the committement on the Lagos Worldwide Monetary Centre (LIFC) stakeholder assembly on Tuesday.
He stated Lagos State by means of the LIFC, will collaborate with EnterpriseNGR and different key stakeholders, to create an setting that promotes seamless buying and selling, attracts international investments, and enhances the competitiveness of our monetary markets.
The governor described the transfer as a strategic step in reinforcing Lagos’ place as Africa’s main monetary hub.
“By addressing present market challenges and fostering sturdy collaboration between the federal government and the non-public sector, we’ll improve capital market progress, appeal to international investments, and drive innovation within the monetary business.
“As Nigeria’s most important financial and monetary centre, Lagos is crucial in driving the nation’s capital markets. Our licensed exchanges are central to this ecosystem, facilitating funding flows, enhancing market liquidity, and selling monetary literacy,” he stated.
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He added that by means of the LIFC mission, the state will strengthen its market infrastructure and unlock new alternatives for public-private partnerships in expertise and capital market improvement.
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