Governor Sanwo-Olu celebrated this milestone, emphasizing Lagos’ leadership in economic transformation
“Lagos is not just growing; we are leading. With a GDP of $259 billion based on PPP, we have cemented our place as Africa’s second-largest city economy. This milestone reflects the strength of our economy, the resilience of our people, and our city’s role as a hub for investment, trade, and opportunity.”
He further outlined the administration’s commitment to sustainable economic growth, particularly in sectors such as infrastructure, technology, tourism, and manufacturing, ensuring that Lagos remains a prime destination for global investors.
The continued economic expansion, coupled with strategic policy interventions, positions Lagos State as a model for urban economic growth in Africa, paving the way for job creation, foreign investment, and infrastructural advancement.
