By Rukayat Moisemhe and Florence Onuegbu
Lagos, Feb. 16, 2021 President Muhammadu Buhari on Tuesday pledged that the Federal Government would support massive investments in Lagos State to boost its economic potential as one of the world’s fastest growing megacities.
Buhari made the pledge in a virtual goodwill message during the Lagos Economic Summit (Ehingbeti) 2021 themed: ”For a Greater Lagos: Setting the Tone for the Next Decade”.
He said that his administration recognised Lagos as central to the economic fortunes of Nigeria and had in the last few years demonstrated commitment to supporting it to unleash its full socio-economic potential.
According to him, one of the significant ways in which the Federal Government’s support has manifested to Lagos State is in the special federal funding that was approved in 2020 in acknowledgement of the state being an epicentre of the coronavirus pandemic.