Lagos State Governor Babajide Sanwo-Olu has said his administration will continue to deploy technology to provide sustainable solutions to local challenges.
The governor who spoke at the Endeavor Nigeria’s Annual Scale Up Entrepreneurship Summit held on Tuesday, at the Federal Palace Hotel, Victoria Island, Lagos said this will ensure food security, efficient intermodal transportation system, good healthcare service delivery and quality education, among others.
Sanwo-Olu said his administration understands clearly that the key role of government in the emerging global ecosystem is to facilitate the unleashing of potentials through the provision of critical infrastructure while also initiating policies aimed at easing the process of doing business.
He said: “Some of the initiatives we are implementing to support the tech and initiatives ecosystem include the fiber optics that we are laying to improve Internet connection, the Lagos State Employment Trust Fund, which has supported over 12,710 Micro, Small and Medium Enterprises (MSMEs), to access over N8.4 billion loan.
“We are also boosting agricultural productivity through the Agri-preneurship (L.A.P) intervention aimed at exposing young entrepreneurs to the potential in the agriculture value chain through training using modern technology-enabled agricultural techniques and practices for job and wealth creation.
“As a government, we are prioritising and investing in initiatives that will deepen the deployment of technology in process and ideas aimed at providing sustainable solutions to our local challenges and attain policy objectives in areas such as food security, efficient intermodal transportation system, healthcare service delivery, education among others.
“It gives me great pleasure to know that we have a great partner in Endeavor Nigeria with whom we can synergise to provide the necessary support for our budding entrepreneurs.”
Governor Sanwo-Olu while congratulating the leadership of Endeavor Nigeria, said the organisation’s unwavering commitment since 2018 to usher in a new era of growth and economic development driven by high-impact entrepreneurship in Nigeria through the annual summit and other support systems is highly commendable.
He said: “As a global free enterprise network, Endeavor Nigeria has played a pivotal role in leading the high-impact entrepreneurship
movement, accelerating their growth by building a strong free
enterprise ecosystem in growth markets from diverse industries that
can transform the Nigerian economy through job creation and economic
opportunities.
“We must commend Endeavor Nigeria for providing the platform and
support that have given rise to incredible enterprises that have
harnessed the power of innovation and technology. These enterprises
such as Flutter Wave, Moniepoint, Daystar Power, Piggy Vest, and Paga
have achieved incredible global visibility as a result of the
deployment of innovation and technology to provide solutions to
challenges, especially in the financial sector as well as tech-driven
platforms that support seamless transactions.