Lagos State Governor Babajide Sanwo‑Olu has reaffirmed his administration’s focus on deepening infrastructure delivery, strengthening institutions, expanding climate‑adaptive investments, and guiding urban growth through planned infrastructure, the governor said at a construction and real estate outlook event.
The governor spoke at the 2026 Nigeria Construction and Real Estate Outlook organised by the Royal Institution of Chartered Surveyors in Lagos.
The event theme was “Infrastructure Development: A Catalyst for Real Estate, Construction and Economic Growth.”
Sanwo‑Olu’s remarks were delivered through the Lagos State Commissioner for Housing, Moruf Akinderu‑Fatai, who represented him at the event.
The governor said Lagos would maintain a stable policy environment and improve data‑driven planning systems.
He said the state will support innovation in construction methods and broaden partnerships with the private sector and professional bodies.
According to the governor, infrastructure plays a central role in urban expansion, land‑use patterns, and access to economic opportunities.
Sanwo‑Olu highlighted integrated transport systems, including the Lagos Rail Mass Transit network, as infrastructure projects that reshape land‑use patterns, unlock real estate corridors, and reduce congestion costs.
He said road and bridge projects are designed not only for mobility but also for economic connectivity across residential, commercial, and industrial areas. He added that Lagos absorbs thousands of new residents daily, placing pressure on existing infrastructure.
The governor said Lagos has pursued infrastructure as a long‑term investment strategy and emphasised the role of professional institutions like RICS in safeguarding transparency and aligning development with economic outcomes.
Sanwo‑Olu encouraged continued reforms in land administration, planning approvals, and project delivery frameworks to improve project viability.
He spoke about structured public‑private partnerships as a way to accelerate infrastructure delivery while allocating risk appropriately.
At the event, the Chairman of RICS Nigeria Group, Tayo Odunsi, highlighted the connection between construction, real estate, and economic growth.
He described conviction, access to patient capital, and project execution as essential for sector development.
