Lagos State Governor Babatunde Fashola has said Lagos contributes about $90 billion annually to the National Gross Domestic Product (GDP).
Fashola spoke yesterday at the Third Lagos Corporate Assembly, tagged BRF meets Business Chief Executives Officer (CEO), organised by the Ministry of Commerce and Industry.
He said the massive contribution was possible because of the thriving private sector, which has seen Lagos emerge as the fifth largest economy in Africa.
Fashola said: “If anyone underestimates the reason we decided to hear from you, it is because of the number of what you contribute in the aggregate to the economy of the country and the sub-region. The number showed a GDP of about $90 billion generated by Lagos alone. So it is important to have this constant discussion to feel the pulse of this group.
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