His Excellency, Mr. Babajide Olusola Sanwo-Olu was elected the 15th Governor of Lagos State on the platform of the All Progressives Congress (APC). He was declared winner of the March 9, 2019 gubernatorial elections by the Independent Electoral Commission (INEC) on Sunday, March 10, 2019 after defeating 44 other candidates who represented different parties at the election.
A product of resounding victory, His Excellency, Mr. Sanwo-Olu polled 75.6% of the total valid votes cast in the election to substantiate his legitimacy, which was further affirmed by a 72.12% vote difference between him and the next contestant.
His victory at the election is a solid endorsement of his leadership aptitude and the All Progressives Congress (APC) politics of development and inclusiveness in Lagos State. As an inspirational leader, with a track-record of performance, his candidacy was welcomed by Lagosians as a continuation of ongoing development in Lagos State.
Mr. Sanwo-Olu, who was born on June 25, 1965 in Lagos State, is a reliable party man and astute politician, who is reputed for his people-centered ideology. His foray into Public Service started after decades of accomplishments in the private sector, especially the Nigerian banking sector, from where he retired as a General Manager.
His Excellency, Mr. Sanwo-Olu’s entry became a reference point for professionalism and excellence in the Public Service. At 39, he was appointed acting Commissioner for Economic Planning & Budget from 2004 to 2005 and later became the substantive Commissioner for Commerce and Industry in 2007 following his exceptional performance.
He also refocused the organisation to effectively tackle housing deficit in the state, which again validated his credentials as a resourceful leader and problem solver. His valuable experience garnered from executive-level roles in the private and public sectors has not only distinguished him, but also made him a valuable resource to some notable organisations on whose boards he has served.
Mrs. Solape Hammond is the Special Adviser to the Governor of Lagos State on the Sustainable Development Goals (SDGs) and Investments.
Prior to this, she worked in the private sector for over 20 years in various capacities, gathering experience in Management Consulting, Risk Management, Banking and Financial Advisory.
Solape commenced her consulting career at Accenture, leaving as a Manager in the Finance and Performance Management Market Unit. She has also previously worked in Credit Administration and Risk Management at a Nigerian Merchant Bank and served as the Chief Executive Officer (CEO) of a financial advisory firm based in Lagos with clients across Nigeria, Ghana, Zambia and other parts of Africa.
She then established a business advisory firm – Ten Talents Limited – which provides business planning, recruitment, strategy development, process improvement, organizational transformation, risk management, performance management, programme management and financial advisory services.
She also co-founded Impact Hub Lagos and served as it’s inaugural CEO. Impact Hub Lagos is part of a rapidly expanding global network of over 16,000 members across 90+ open hubs in 50 countries worldwide.
Over the years, Solape has supported several national macro-economic transformation initiatives including the Central Bank of Nigeria Transformation Programme (CBN Project EAGLES 2003-2005) and the Security and Exchange Commission (SEC) Capital Markets Transformation Plan (2013-2014) as well as on interventions for small and medium sized businesses (SMEs) providing fundraising and advisory services, consulting support and research.
Solape is passionate about social change and has served on the Boards or Advisory Councils of various organisations in and outside the country.
She graduated from the University of Ibadan with a Bachelor of Science degree in Economics (1999) and also holds a Masters in Business Administration (MBA) degree from INSEAD.
Lagos State was created on May 27, 1967 and became the federal capital of Nigeria on April 11, 1968. It remained the capital until 1991 when the government seat was moved to the Federal Capital Territory, Abuja. In spite of the movement of the capital to Abuja, Lagos still remains the commercial capital of the country and the economic hub of West Africa t0 date.
The Third Mainland Bridge which measures 11.8km is the longest bridge in West Africa and the second longest in Africa.
The name Lagos means “Lakes”. It was named by Rui de Sequeira, a Portuguese explorer in 1472. Lagos originally called Eko, stems from either Oko (Yoruba: “cassava farm”) or Eko (“war camp”), by its Bini conquerors.
Conquering Lagos in one visit is impossible – the National Museum, Lekki Conservation Centre, Eyo Festival, Lagos Marathon, National Arts Theatre, Third Mainland Bridge – and then exploring visits to The African Shrine or one of the city’s beaches. The ever bustling marketplace Balogun in Lagos Mainland gives you a literal taste of the best the city has to offer.
As the most populous city in Nigeria and a global hub of international business and commerce, Lagos is one of three “command centers” for the African economy (along with Johannesburg and Nairobi).
The GDP of the formal economy of Lagos is estimated to be $136.6 billion contributing 25% to the GDP of Nigeria as at August 2015. The GDP has an estimated growth rate of 10% and it is expected that by 2025 the GDP will be $355billion.
The state’s contribution can be attributed to the following factors:
Law Investment by bothe local and foreign investors Sound fiscal policies by the state government Favourable business and economic conditions Its prime location in West Africa, serving as an access point to many other markets in Africa
Lagos State is home to a multitude of multinational companies because of its favourable economic conditions and vast population. This combination provides a large market for any product or service that is launched in the state.
Approximately 60% of industrial investments in Nigeria come into Lagos State and about 90% of companies in Nigeria across most industries have chosen to locate their headquarters in Lagos, Nigeria.
In light of this facts and a host of other investor friendly facts, His Excellency, The Governor of Lagos State, Mr Akinwumi Ambode at his inauguration as the 14th Governor of Lagos State pronounced the creation of the Office of Overseas Affairs and investment (Lagos Global).
Lagos Global is established and tasked with delivering on the mandate to create an enabling environment for global competitiveness and promote inward and outward Foreign Direct Investment in Lagos State.