Market News

 By : Johnson Eyiangho, Abuja

Lagos State Governor, Babajide Sanwo-Olu, commended the Federal Ministry of Industry, Trade and Investment (FMITI) for its efforts in driving economic growth, citing recent economic indicators, which he said have demonstrated the rapidly changing trade and investment landscape.

The governor noted the contributions of President Bola Ahmed Tinubu and FMITI to the country’s economic progress.

A statement from the ministry said Sanwo-Olu gave the commendation when he received the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, when he reaffirmed the state government’s commitment to collaborating with the ministry to boost investment, support local businesses and create new economic opportunities for the people of Lagos.

“We are ready to collaborate more closely with FMITI to boost investment, support local businesses and open up new economic opportunities for our people. As a Centre of Excellence, we recognise the importance of partnership and cooperation in driving economic growth and development,” the governor said.

The minister, who was in Lagos for the National Council Meeting on Industry, Trade and Investment, expressed appreciation for the state’s support and hospitality in hosting the meeting.

Oduwole said the theme of the meeting, ‘Accelerating Diversification by Leveraging Industry, Trade and Investment for Shared Prosperity’, underscored the importance of collaborative efforts in driving economic growth.

She stressed that the ministry was committed to advancing industrial growth, trade and investment in the country.

The meeting provided a crucial platform for commissioners from 36 states to collaborate and drive progress in the sector.