Tinubu supports plans for Lagos international financial centre
President Bola Tinubu has shown strong support for the proposed Lagos International Financial Centre project, according to Governor Babajide Sanwo-Olu. The initiative aims to attract international capital and boost Nigeria’s economic growth. Sanwo-Olu highlighted the project’s national importance and the broad backing it has received from both public and private sector stakeholders. The project is also receiving international collaboration and training support.
What we know
- Bola Tinubu expressed excitement about the Lagos International Financial Centre and is awaiting a detailed memo on the project.
- Babajide Sanwo-Olu described the initiative as a national project designed to strengthen Nigeria’s global economic position.
- The project has backing from international organisations, government officials, regulatory agencies, and private sector groups like EnterpriseNGR.
- A high-level training programme for the project is ongoing at the University of Cambridge, involving senior Nigerian officials and stakeholders.
- The centre is expected to attract foreign direct investment and enhance Nigeria’s presence in international capital markets.
