Tuesday, July 14, 2026

Lagos: Governor Sanwo-Olu seeks better World Bank partnership

Governor Babajide Sanwo-Olu says Lagos is ready to partner with the World Bank Group in energy, agriculture, tourism and human capital development.

• February 2, 2026
Babajide Sanwo-Olu
Babajide Sanwo-Olu [Credit: Sanwo-Olu]

Governor Babajide Sanwo-Olu says Lagos is ready to partner with the World Bank Group in energy, agriculture, tourism and human capital development.

He said the state was open to deeper collaboration and investment partnerships to improve infrastructure and raise living standards across Lagos.

Mr Sanwo-Olu spoke on Sunday at Lagos House, Marina, while receiving a World Bank delegation led by its managing director (operations), Anna Bjerde.

The delegation also included the International Finance Corporation’s regional vice-president for Africa, Ethiopia Tafara.

The governor said Lagos remained committed to reforms that attract global support and was ready to meet requirements for increased World Bank assistance.

“Lagos is ready to do more to attract investments and partnerships that will positively impact our people. We are open to collaboration that strengthens infrastructure and accelerates inclusive growth,” he said.

Mr Sanwo-Olu highlighted achievements under the THEMES+ agenda, saying its implementation had delivered measurable benefits to millions of residents.

He disclosed that Lagos moved from 29th to first position in the national Ease of Doing Business ranking within four years.

“We doubled our performance across critical areas through deliberate reforms and efficiency,” the governor said.

Earlier, Ms Bjerde said the World Bank Group was keen to work with Lagos due to its strategic importance and reform-driven impact. She described Lagos as a key World Bank stakeholder, citing stability created by recent economic and policy reforms.

“What Lagos is doing is demonstrative of national solutions. Nigeria’s policy consistency improves predictability, especially for investors,” she said.

Ms Bjerde commended Lagos for reducing bureaucratic bottlenecks and improving the Ease of Doing Business environment.

She said the World Bank planned a five-year country review to assess progress at national and subnational levels, including Lagos.

Ms Bjerde added that the institution was ready to leverage Lagos’ capacity to strengthen private sector financing across key sectors.

(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

farmers

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

Katsina State

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.”

Uganda

Africa

Uganda budgets $13 million to mitigate harsh weather impacts  

Ms Lumumba said that the prevailing temperature outlook for July was expected to be higher than average.

FCT

Abuja

Tinubu promises clean water supply to FCT area councils 

The president commended the FCT Minister, Nyesom Wike, for his fiscal discipline, political will and deep love for residents of the territory.

Africa

Uganda seeks sustained international support in Ebola response

Mr Baryomunsi thanked the partners for their support in helping Uganda bring its Ebola outbreak under control since it was declared on May 15.

Bangladesh

World

Bangladesh retains death penalty for online drug trafficking

The law also provides for the creation of special tribunals to handle drug-related cases in high-risk areas.

National Association of Nigerian Students (NANS)

Education

Tinubu seeks NANS’ collaboration to promote education sector

The president commended the peaceful transition in NANS leadership.

Lagos

Residents seek urgent intervention on poor sanitation at Ikorodu garage

Mr Bello called for stricter enforcement of the Thursday market sanitation in the area.