Lagos State Governor, Mr Akinwunmi
Ambode on Monday said his administration has already embarked on
reform aimed at generating 3000MW of power within the next few years,
adding that the initiative, which is on course, would go a long way
in scaling up the State’s economy and make life more comfortable
for the people.
Speaking in Ikeja while declaring open
the 7th Annual Public Lecture of the Lagos State Public Service
Chapter (LSPSC) of the Institute of Chartered Accountants of Nigeria
(ICAN) with the theme “Lagos@50: Unlocking Its Economic Potentials
For Sustainable Development,” Governor Ambode said that adequate
power supply was a key factor needed to unlock the economic
potentials of the State, saying that the sector remained strategic in
reducing the cost of doing business and improving the living
condition of Lagosians.
He described the theme of the lecture
as apt and in sync with the resolve of his administration to
identify, explore and exploit the untapped potentials of the Lagos
economy, which according to him, was why the State Government was
adopting the approach of strategic, innovative and long term thinking
and planning.
The Governor added that with high
population growth of 3.2 per cent annually, high immigration rate
estimated to be one of the highest in the world and rapid
urbanization, the State Government was not oblivious of the fact that
the most effective and efficient way to unlock the economic
potentials of Lagos is to open up the economy for private enterprise
to thrive, which was why his administration had been delivering first
class infrastructure and putting in place right policies to ensure
business-friendly environment.
*Vanguard
No comments:
Post a Comment