Vice President Kashim Shettima has said Nigeria’s aspiration to build a $1 trillion economy will be driven by enterprise, strategic investments and coordinated reforms across all levels of government.
Shettima made the remarks on Monday while declaring open the Invest Lagos 3.0 Summit at the Eko Hotel and Suites in Victoria Island, Lagos.
Addressing policymakers, global investors, entrepreneurs, development partners and business leaders at the summit, the Vice President emphasized that Nigeria’s economic future depends on creating an enabling environment where capital, innovation and productive businesses can flourish.
He identified Lagos State as a leading example of how effective subnational leadership can contribute significantly to national economic transformation, noting that the state has consistently demonstrated the capacity to attract investment and drive economic growth.
According to Shettima, Lagos remains Nigeria’s foremost economic gateway and one of Africa’s most influential centres for commerce, finance and investment.
He said the state’s economic achievements underscore the critical role of state governments in supporting the Federal Government’s broader development agenda and accelerating economic expansion.
The Vice President stressed that achieving the nation’s economic ambitions would require stronger collaboration between government, the private sector and development partners to unlock opportunities across key sectors of the economy.
He also highlighted the importance of fostering a business-friendly environment capable of attracting both domestic and foreign investments, creating jobs and enhancing productivity.
The Invest Lagos 3.0 Summit brought together investors, business executives and public sector leaders to explore opportunities for investment and sustainable economic growth in Lagos and across Nigeria.
The event forms part of ongoing efforts to position Lagos as a preferred destination for investment and strengthen its role as a major economic hub on the African continent.
