Mr Sanwo-Olu spoke at the State House, Marina, while hosting members of the Joint Revenue Board for its 159th meeting, which started on Monday.
The governor said his administration holds retirees in high esteem.
He highlighted ongoing efforts to establish the Lagos International Financial Centre.
The Lagos Waste Management Authority says it apprehended 46 people during coordinated early morning operations across Lagos Island.
He said the trust fund would bridge government and private sector participation in sports development.
He expressed concern over persistent disregard for environmental and traffic regulations by some traders.
Governor Babajide Sanwo-Olu says Lagos is ready to partner with the World Bank Group in energy, agriculture, tourism and human capital development.
He described the younger generation as the nation’s hope.
Mr Sanwo-Olu stressed the importance of building and expanding capacity to strengthen procurement processes.
He said the suspects involved in the fight that led to the man’s death had been apprehended and were currently in police custody.
