The Lagos state government says it is targeting N4 trillion in local and foreign direct investments (FDIs) through the third edition of the Invest in Lagos summit scheduled for June 2026.
The investment forum, tagged “Invest in Lagos 3.0”, will hold from June 8 to June 9 at Eko Hotels and Suites, Victoria Island, in partnership with the Commonwealth Enterprise and Investment Council.
According to the state government, the summit is designed to position Lagos as Africa’s leading sub-national destination for investment, trade integration, financial innovation, and infrastructure development.
Speaking during a press conference in Lagos on Tuesday, Folashade Bada Ambrose-Medebem, commissioner for commerce, cooperatives, trade and investment, said the summit would build on the achievements recorded in previous editions.
Ambrose-Medebem, who also serves as co-chair of the local organising committee, said the event would feature investment opportunities across infrastructure, industrialisation, digital economy, agriculture, energy transition, logistics, financial services, real estate, and small and medium-scale enterprises (SMEs).
She described Lagos as a major economic hub with over 23 million residents, expanding infrastructure, a growing industrial base, and one of Africa’s busiest seaports.
“Lagos sits at the centre of the African economic story,” she said.
“With a population in excess of 23 million people, a GDP that ranks among the largest city economies on the continent, expanding infrastructure, a vibrant innovation ecosystem, a growing industrial base, and one of the busiest seaports in Africa, Lagos remains uniquely positioned as the preferred destination for investment, trade, manufacturing, finance, technology, and enterprise development.”
Sam Egube, deputy chief of staff to the governor and co-chair of the organising committee, said more than 29 global speakers had confirmed participation in the summit.
Egube said discussions at the summit would focus on measurable investment outcomes across sectors such as technology, infrastructure, healthcare, transportation, energy, environment, and the creative economy.
The state government said the summit aligns with the Lagos State Development Plan 2052 and the T.H.E.M.E.S+ agenda of the administration of Babajide Sanwo-Olu.
About 500 to 600 delegates, including investors, sovereign wealth funds, development finance institutions, multinational organisations, and senior government officials, are expected at the event.
Some of the confirmed guests include Sanwo-Olu; Obafemi Hamzat, deputy governor of Lagos; Jumoke Oduwole, minister of industry, trade and investment; Lord Marland, chair of CWEIC; Shirley Botchwey, secretary-general of the Commonwealth; Aig Imoukhuede, co-chair of the Lagos Finance and Investment Council; and senior executives from Microsoft, First Bank, Sterling Bank, Lagos Free Zone, and the Nigeria Sovereign Investment Authority (NSIA).
The Lagos government said the summit is expected to deepen private sector investment, strengthen enterprise growth, and improve the fiscal sustainability of the state.
