17 January 2013

Nigeria: Chamber Urges More Investors to Partner With Lagos State

The Director-General of Lagos Chamber of Commerce and Industry, Mr. Muda Yusuf, has advised that more investors should partner with the state government to develop projects this year.

Muda gave the advice in an interview with the News Agency of Nigeria (NAN) in Lagos yesterday.

He said that untapped opportunities still existed in the manufacturing, distributive trade, maritime, ICT and financial services sectors in the state.

The LCCI boss said that these investment opportunities were immense and existed in virtually all sectors because of the commercial status of the state.

He said regular interaction between the government and the private sector operators would provide a platform to assist the government in formulating policies on economic development.

He said: "It is through such collaboration that consensus is built on the appropriate policy choices that will promote economic development. There are excellent partnership prospects within the framework of Public Private Partnership.

"Lagos has a number of success stories in PPP such as the Lekki Expressway, waste management and public transportation," Yusuf said and assured investors that the state had favourable environment for PPP.

He called on the federal government to encourage government agencies to patronise locally produced goods.


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