Lagos: Lagos State Government has reaffirmed its unwavering dedication to continue to support Micro, Small and Medium Enterprises across the state through visibility, capacity building, and market access. Gov. Babajide Sanwo-Olu made the pledge on Sunday in Lagos at the closing ceremony of the 2025 Lagos International Trade Fair (LITF).
According to News Agency of Nigeria, the 39th edition of the event, organised by the Lagos Chamber of Commerce and Industry (LCCI), had its theme as: ‘Connecting Business, Creating Value’. Sanwo-Olu noted that investors and businesses were choosing Lagos because of its ecosystem of scale, connectivity, and dynamism. Represented by the Commissioner for Information and Strategy, Mr. Gbenga Omotoso, Sanwo-Olu emphasized that scale alone was not enough. He highlighted the necessity of matching scale with enabling infrastructure, smart policy, digital readiness, and a business environment where value is both created and sustained.
The governor stressed the government’s remarkable progress across infrastructure, policy, and digital transformation. He pointed out that true progress is measured by its impact on human lives, highlighting that when businesses connect and value is created, it leads to job creation in manufacturing, data centres, and agro-industrial hubs, ensuring that growth translates into shared prosperity for all. Sanwo-Olu also pledged that the government would intensify support for MSMEs, describing them as the backbone of the economy. He said the state’s collaboration with the LCCI remained crucial as the chamber designed programmes to empower small businesses, strengthen export readiness, and connect Lagos-based enterprises to regional and global markets.
Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem, emphasized that every entrepreneur, regardless of scale, deserved an enabling environment to thrive and contribute meaningfully to the economic prosperity of the state. She noted that the state, through strategic investments in infrastructure, institutional reforms, and continuous engagement with the private sector, was building a Lagos that worked for business. She added that the state would continue to foster innovation, competitiveness, and sustainability, aiming to make Lagos the preferred destination for commerce and enterprise.
Mrs. Ambrose-Medebem remarked that the fair demonstrated the power of connection between producers and consumers, investors and innovators, government and private sector, local entrepreneurs and global brands. She urged businesses to continue to connect, collaborate, and create value, emphasizing that Lagos is not just a place of commerce but a symbol of progress, innovation, and endless opportunity.
Mr. Gabriel Idahosa, President of LCCI, urged government at all levels to continue addressing issues related to creating an enabling environment in the country. He stressed the importance of focusing on infrastructure, security, and implementing the right policies to address the key drivers of high inflation. Idahosa expressed the commitment of the Organised Private Sector to stand solidly behind the state in its quest to actualize its innovative initiatives on all fronts.