Lagos State doubled down on economic diversification and private sector-led growth at its 2026 outlook launch in Ikeja.

Governor Babajide Sanwo-Olu, represented by Deputy Governor Obafemi Hamzat, said the government aims to drive job creation and improve living standards through inclusive policies.

The Lagos Economic Development Update (LEDU) 2026 outlines key trends shaping the economy and sets priorities around fiscal discipline, infrastructure, and data-driven governance.

Sanwo-Olu said Lagos has stayed resilient despite inflation, currency swings, and post-pandemic pressures, thanks to reforms and steady investment.

He pointed to gains in revenue, digital growth, entrepreneurship, and infrastructure across transport, energy, and urban planning.

The state now plans to boost productivity, attract investment, and deepen partnerships to turn growth into jobs and wider economic opportunities.

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