Lagos on Monday intensified its campaign to position itself as Africa’s premier destination for global capital, with President Bola Tinubu declaring the state an emerging gateway to international wealth, investment and enterprise.
Speaking at the opening of Invest Lagos 2026 in Victoria Island, Tinubu, represented by Vice President Kashim Shettima, said Lagos had evolved beyond its status as Nigeria’s commercial capital into a strategic hub for investors seeking access to Africa’s expanding markets.
“Lagos is not merely Nigeria’s commercial capital; it is increasingly becoming the gateway to Africa’s economic future,” Shettima told delegates.
He said the state’s growing appeal was the result of deliberate economic policies, strong institutions and a business environment that continues to attract multinational corporations, technology firms and foreign direct investment.
According to the Vice President, Nigeria possesses the demographic advantage, entrepreneurial capacity and economic potential to rank among the world’s largest economies by 2050 if investments in infrastructure, innovation and human capital are sustained.
