Lagos Rallies Lekki Economic Zone Stakeholders for Accelerated Growth

In a strategic move to unlock the full economic potential of the Lekki Economic Zone, the Lagos State Ministry of Commerce, Cooperatives, Trade, and Investment (MCCTI) has convened key stakeholders to formalize partnerships and accelerate investment growth.
A Memorandum of Understanding (MoU) was signed by:
• Lekki Worldwide Investment Limited (LWIL)
• Lekki Free Zone Development Company (LFZDC)
• Lagos Free Zone
• Dangote Enterprise Zone
• Alaro City
• Lekki Ports
Speaking at the signing event in Alausa, Commissioner for Commerce, Folashade Ambrose, described the MoU as a historic step in transforming Lekki into a global economic hub, integrating:
• Manufacturing
• Real estate development
• Trade and logistics
• Financial services
“The collaboration will create world-class infrastructure, enhance investment opportunities, and drive industrialization, making Lagos a key player in West Africa’s trade and investment landscape,” she noted.
Managing Director of Lekki Worldwide Investment Limited, Adeniyi Akinlusi, emphasized that collective efforts among stakeholders would fast-track development, ensuring that the Lekki Corridor becomes a model for economic prosperity in Nigeria.
The agreement reinforces Governor Sanwo-Olu’s vision to position Lagos as a hub for global investments, ensuring economic diversification and job creation for future generations.