To enhance the fortunes of Nigeria’s largest commercial city, economic and finance experts from public and private sectors will converge at the upcoming 2022 Lagos Economic Summit known as ‘Ehingbeti’ to deliberate on the paths to sustainable socioeconomic growth of Lagos State.

The Commissioner for Economic Planning and Budget, Mr. Samuel Egube, who spoke to journalists in Lagos, said plans had been concluded to ensure the success of the programme. According to him, the summit scheduled to hold from I6th to 17th of August, 2022, will examine the dream future of Lagos, while revealing that a Development Plan will be launched to this effect at the summit.

The theme of the summit is: ‘Lagos 2022- 2052: Charting the Paths to Sustainable Socioeconomic Growth.’ Egube described Lagos State as vital to the future of the country and being the economic nerve centre of the country, it would continue to attract people from other states of the federation. As such, he said there was a need to develop a robust plan for the present and future growth of the state.

The commissioner said, “The future is a hope we all have. Lagos State government has never believed it can do it alone but has excelled with the cooperation and understanding of relevant stakeholders in which the private sector has a major role to play.  Lagos will continue to do well. Lagos cannot fail because there is so much around the way Lagos is governed. Lagos future is germane to this administration and we have invested our time and energy to ensure that Lagos lives up to its potential and projections. Lagos needs to take ownership of its future. We are going to assemble a lot of people from the public and private sectors to assess what has been done so far and what is left undone.

He added, “People have investments in Lagos because they believe in the future of Lagos. We might quarrel about today, but we are united about what our future should be and that is what we are going to be celebrating in the next Ehingbeti.”

Egube recalled that some of the current developmental initiatives in Lagos were products of the resolutions taken from the previous Ehingbeti summit, adding that the conference would examine critical issues germane to the future of the state.

According to the commissioner, the Lagos State government has implemented 193 out of 206 resolutions from Ehingbeti since its inception, adding that over the last 20 years, recommendations from the summit have helped the state government to focus on areas that concern the citizens, investors, and businesses with positive results achieved.

Since the inaugural summit in 2000, Ehingbeti has gained useful insights from innumerable business and political leaders, renowned economists, notable development experts and outstanding scholars, who have participated from different parts of the world.

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