Sanwo-olu woos investors, seeks deeper ties with Atlanta, Georgia

Governor Babajide Sanwo-Olu of Lagos says the state is open for business and investment, as he seeks a stronger partnership with the state of Georgia in infrastructure, healthcare, education, technology, and the creative industries.
Mr Sanwo-Olu said the state is ready to forge partnerships that would outlive the current administration and shape generations to come.
The governor told participants at the U.S.-Nigeria Policy and Trade Forum, held alongside FNITCC-AFRICON 2025 at the Georgia State Capitol in Atlanta on Friday, that Lagos wants to work with Georgia to establish sister-city frameworks that will connect Atlanta and Lagos more deliberately.
“When the two cities rise together, Nigeria and the United States will prosper together,” he said.
The event was attended by lawmakers of the State of Georgia, members of the Georgia African Legislative Caucus, business leaders, members of the Nigerian diaspora, and friends of Lagos and Nigeria.
Mr Sanwo-Olu said the forum was not just about Nigeria and the U.S. but about Lagos and Georgia finding new synergies in trade, policy collaboration, and diaspora relations.
He noted that “Atlanta is a logistics and technology hub for the American South, and Lagos serves as the gateway to West Africa. Both cities thrive at the intersection of trade, innovation, and culture.”
According to him, Georgia’s strengths in logistics, agribusiness, film, and technology align directly with Lagos’ strategic priorities.
The governor described Nigerians in Georgia as “our greatest export, entrepreneurs, academics, and professionals who serve as bridges of trust and innovation.”
He pointed out that Atlanta hosts one of the largest Nigerian diaspora communities in the U.S., while Lagos is home to Africa’s most ambitious megacity project, a city of over 24 million people, generating more than 30 per cent of Nigeria’s GDP and over 50 per cent of its non-oil trade value.
Mr Sanwo-Olu said the state government, through partnerships with Afreximbank, MOFI, and global investors, is unlocking billions in capital for transformative projects.
He described Lagos as an economic powerhouse with a large population and a large market scale, boasting transformational infrastructure, innovation, and a vibrant youth population.
“In 2024 alone, Lagos attracted 5.95 billion dollars in foreign capital inflows, over two-thirds of Nigeria’s total. Even in Q1 2025, Lagos remained a dominant investment destination, drawing $2.56 billion despite global headwinds,” he said.
He said by 2030 Lagos would have been projected to be the ninth-largest city economy in the world, with a population exceeding 30 million and offering one of the continent’s deepest consumer markets.
Mr Sanwo-Olu emphasised that Lagos is the beating heart of Africa’s tech ecosystem, home to more than 2,500 start-ups, including unicorns such as Flutterwave and Andela.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Anti-Corruption
Adeyemi’s PFIPC: ICPC grills Gbajabiamila over N400 million bribery allegation
Mr Adeyemi was arrested shortly after the Abuja Division of the Federal High Court last Tuesday issued a warrant for his arrest.

Heading 2
Kano begins second round of maternal, neonatal tetanus elimination campaign
He said the teams vaccinated 1,339,871 women out of the 1,388,396 targeted.

Abuja
FRSC launches operation ‘Sauka Lafiya’ to curb road crashes in FCT, Niger
FRSC deployed 3,339 personnel, 69 patrol vehicles, 18 ambulances, four tow trucks and 24 motorcycles.

Lagos
Lagos council inducts 156 financial inclusion experts
The chairman urged the inductees to use the digital devices provided to them with integrity.

Heading 1
FCCPC resumes implementation of digital lending regulations
WASPAN had challenged the Commission’s authority to issue and implement the DEON Regulations.

Heading 5
Lagos seeks stronger ties with Turkey to boost investment opportunities
Mr Hamzat described the longstanding relationship between Lagos and Turkish firms as productive.





