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Nairaland Forum / Nairaland / General / Politics / Lagos GDP Surges To ₦41 Trillion, Now 7th Largest African Economy (155 Views)
Lagos State GDP Rises To ₦41 Trillion In 5 Years - Trade Commissioner / Data Disproves Commissioner’s Claim That Lagos Is Africa’s 7th Largest Economy / Lagos GDP Hits ₦41 Trillion, Ranks 7th In Africa (2) (3) (4)
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Lagos GDP Surges To ₦41 Trillion, Now 7th Largest African Economy by FactsZoneAfrica: 1:10pm On May 03 |
In a remarkable turn of events, Lagos State's Gross Domestic Product (GDP) has surged to ₦41 trillion, a substantial increase from ₦27 trillion just four years ago. This surge in economic growth has propelled Lagos to become the seventh largest economy in Africa, nearly matching the economic size of Kenya. This remarkable achievement is credited to the strategic governance of Governor Babajide Sanwo-Olu. Infrastructure Development Driving Growth One of the key factors driving this economic growth is the government's focus on infrastructure development, particularly in areas such as schools and railways. This strategic shift from investing in traditional sectors like breweries to more sustainable infrastructure has paid off significantly, leading to widespread economic benefits for the state. Conclusion Lagos State's remarkable economic growth under Governor Sanwo-Olu's leadership is a testament to the power of strategic governance and investment in critical infrastructure. As Lagos continues to grow and thrive, it is essential that this economic prosperity is shared equitably among all residents, ensuring a brighter future for everyone in the state. https://africafactszone.com/lagos-7th-largest-african-economy/
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Re: Lagos GDP Surges To ₦41 Trillion, Now 7th Largest African Economy by Mynd44: 1:18pm On May 03 |
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