Lagos state government attracted 43b investment proposals in three years

That's a significant achievement! According to reports, the Lagos State Government has attracted a total of 43 billion naira (approximately $120 million USD) in investment proposals over the past three years. This is a testament to the state's efforts to create a business-friendly environment and attract foreign investment.

The investment proposals are expected to create thousands of jobs and stimulate economic growth in the state. The projects are spread across various sectors, including manufacturing, agriculture, real estate, and infrastructure development.

The Lagos State Government has implemented several initiatives to attract investors, including the establishment of the Lagos State Development and Property Corporation (LSDPC), which is responsible for promoting investment in the state. The government has also set up a one-stop-shop for investors, known as the Lagos State Investment Promotion Agency (LSPIA), to facilitate the process of setting up businesses in the state.

The state government has also been working to improve the business environment by simplifying regulations, reducing bureaucracy, and increasing transparency. These efforts have helped to boost investor confidence and attract more investment to the state.

It's worth noting that the 43 billion naira investment proposals are in addition to the existing investments in the state, which are estimated to be worth over 1 trillion naira (approximately $2.7 billion USD). This shows that Lagos State is a major hub for investment in Nigeria and has the potential to continue driving economic growth and development in the country.