“Lagos Tops National Business Rankings, Governor Pushes for Global Investment”

Lagos State has climbed to the top position in Nigeria’s ease of doing business rankings, jumping from 29th place in just a few years. The rise reflects stronger economic performance and highlights the state’s growing appeal to investors. Governor Babajide Sanwo-Olu has been actively seeking international partnerships to sustain and deepen this progress.

In recent discussions with global financial institutions, the governor emphasized the reforms that have improved Lagos’ business climate. He called for continued support to boost private sector growth, infrastructure development, and job creation across the state.

The state’s improved ranking is the result of efforts to streamline business processes, strengthen regulatory frameworks, and enhance investor confidence. Entrepreneurs and investors have recognized these positive changes, though they note that further improvements—particularly in areas like power supply and logistics—could drive even stronger economic growth.

Officials remain optimistic that Lagos’ new status will attract more foreign investment, create additional employment opportunities, and reinforce the city’s reputation as Nigeria’s leading hub for commerce and innovation.