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Invest Lagos 3.0 Targets N4trn Investment Inflows

Lagos State Government will host the third edition of Invest Lagos Summit in June, targeting over N4 trillion in investment inflows from local and foreign investors. The summit, tagged “Invest in Lagos 3.0,” is expected to strengthen Lagos’ position as a leading investment destination in Africa.

The two-day summit will hold from June 8 to June 9, 2026, at Eko Hotels and Suites, Victoria Island, Lagos. The event is being organised in partnership with the Commonwealth Enterprise and Investment Council, CWEIC, and is expected to attract investors, policymakers, business executives, and development institutions from across the 56 Commonwealth nations.

Speaking during a press briefing in Lagos, Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Bada Ambrose-Medebem, said the summit would build on achievements recorded during previous editions. She stated that the new edition would feature stronger international engagement and clearer implementation strategies for investors.

According to the commissioner, Lagos remains strategically positioned to attract sustained investment inflows because of its population size, infrastructure growth, industrial base, technology ecosystem, and maritime advantages. She described Lagos as Africa’s leading sub-national hub for trade integration, innovation, and enterprise development.

The summit will focus on sectors including infrastructure, industrialisation, technology, agriculture, logistics, energy transition, financial services, real estate, and small business development. Organisers said the programme would include executive roundtables, exhibitions, business-to-business meetings, and sector-focused investment discussions.

Officials disclosed that more than 500 high-level delegates are expected at the summit, including sovereign wealth funds, global investors, multilateral agencies, development finance institutions, and government representatives. Some reports indicated participation could exceed 1,000 delegates from over 50 countries.

Expected participants include Lagos State Governor Babajide Sanwo-Olu, Deputy Governor Kadri Hamzat, Minister of Industry, Trade and Investment Jumoke Oduwole, Commonwealth Enterprise and Investment Council Chairman Lord Marland, and Commonwealth Secretary-General Shirley Botchwey.

Co-Chair of the Local Organising Committee, Sam Egube, said the summit would prioritize measurable economic outcomes rather than discussions without implementation. According to him, the event would connect investors with opportunities capable of driving economic growth, industrial expansion, and employment generation within Lagos and Nigeria.

The Lagos State Government also linked the summit to the Lagos State Development Plan 2052 and the administration’s T.H.E.M.E.S+ agenda aimed at improving infrastructure, governance, innovation, and economic sustainability. Officials said attracting long-term investment inflows remains important to achieving broader development targets within the state.

Analysts note that Lagos continues to play a major role in Nigeria’s economy due to its concentration of financial institutions, technology startups, ports, manufacturing activities, and commercial services. Increased investment inflows could further strengthen infrastructure financing, enterprise development, and regional trade integration.

The summit comes amid broader efforts by Nigerian authorities and private sector institutions to improve investor confidence and attract foreign capital into strategic sectors of the economy.

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Michael Victor

Editor Green Horizon News

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