The Lagos State Government said it will be focusing on agriculture and the agricultural value chain to promote food security in the State.
The Deputy Governor, Mrs. Adejoke Orelope, who disclosed this, said the State Government has recognized the need to focus on agriculture and the agricultural value chain to promote food security and also encourage investments in the sector.
"Lagos on account of its population size provides a ready market for national agricultural production and as such a substantial percentage of agricultural produce from all over the country ends up in the State.
This creates investment opportunities in the agricultural value chain and little wonder why over 60 per cent of the country's agro-allied businesses are located in the State.
It is thus not a coincidence that Lagos records a heavy presence of agro-allied industries in wheat milling, sugar production, fruit juice production, brewery, food and snacks production amongst others and to consolidate investments in this sector, the State Government has established two Agro-Allied Parks in Imota Ikorodu and Ilara - Igbonla Epe.
The coastal nature of the state equally endows her with a comparative advantage in fish production and abundant investment opportunities in marine agriculture and aquaculture," he said.
According to him, the status of Lagos as a rapidly growing megacity projected to be the third largest by the year 2015 comes with a lot of development planning challenges and opportunities.
Buoyed by this realization, the present administration is determined to deliver an efficient inter-modal and well integrated transportation system to create a model and smart megacity of our dreams.
"Considering the importance of transport in supporting job creation, we are also promoting investments in the sector to help address the pressing structural problem of youth unemployment in the State. Akin to this is the need to ensure a better and more efficient traffic management system in the State.
Driven by the compelling urge to stem the seeming lawlessness and chaotic traffic situation in the state, the administration recently enacted the Lagos State Road Traffic Law to provide for traffic administration and restore sanity back to our roads.
This law is aimed at completing government on-going efforts to develop a well integrated and intermodal transportation system in the state," he stated.