Fashola woos investors, reassures on rapid dev

[MrVan]

BY PROVIDENCE OBUH & MONSUR OLOWOOPEJO

LAGOS – Governor Babatunde Fashola of Lagos State, yesterday, said he was committed to the rapid development of infrastructure across the state, adding "it is meant to further woo investors and boost the state's economy."

Fashola, who spoke at the conference on African Development, organised by an international magazine, The Economists, said the state will focus its attention on infrastructural development to enable it  cope with the growing population, assuring that the plethora of developmental initiatives and infrastructural renewal projects would be executed through Public Private Partnership.

He noted that this was the only way the state can accommodate thw about 40 million people, who will be travelling within and from outside the country to the state, explaining that population upsurge in the state had provided a lot of challenges for the government.

He urged investors to tap the opportunities provided by the upsurge in population and the state's growing economy.

Vanguard Nigeria