Rising from its 3-day deliberation, which attracted 146 speakers, over 15,000 registrants and 6000 participants from across the globe, stakeholders at the Lagos Economic Summit have passed eleven resolutions for joint execution of the public and private sector in the quest to build the Lagos of our dreams.
The recently concluded Ehingbeti also saw the state pledging to scale-up needed policies that would promote inclusive governance to accommodate all stakeholders, at the 8th edition of the public-private sector dialogue organized by the Lagos Economic Summit Group in the State since 2000.
Themed “For A Greater Lagos: Setting The Tone For The Next Decade”, the just concluded edition of Ehingbeti was a dialogue centered around values creation, social engagement and positioning Lagos as an investment hub for the next decade.
Ehingbeti: Expediting the transformation of Lagos
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By Babajide Komolafe
Since 2000, Nigeria’s commercial capital and Africa’s sixth largest economy, Lagos State, has been going through landmark policy and infrastructural transformation to a modern city.
Driving this transformation is the Lagos Economic Summit, a private sector-led participatory forum, also known as ‘Ehingbeti’.
Notwithstanding the absence of Ehingbeti between 2015 and 2019, the significance of the Lagos Economic Summit is evident across the State.
Even though the private sector-led conversation continues with the 2021edition holding this week, implementation of some of the consensus reached at pre-2015 summits, also demonstrated that Ehingbeti is an unending dialogue in the quest for socio-economic and infrastructural development in Lagos State.
The economic summit was previously fixed for November 2020, but was postponed to this quarter.
According to a statement, the three-day summit, which will be a hybrid of virtual and live events, is expected to draw participation from different sectors of the economy and across the globe.
“As an ingenuous socio-economic apparatus with significant contributions to the evolution of Lagos State into a major economy in sub-Saharan Africa and an admirable megacity, this edition of Ehingbeti has yet another significant role in the wider Rebuild Lagos Agenda of the current government and its developmental campaigns.
“Over the last two decades, successive governments in Lagos State since the beginning of the fourth republic, have hosted the summit to consistently redefine the dynamics of public-private sector collaborations for development across social and economic indices in the state,” the statement added.