Would you like to receive notifications on latest updates of the following headlines?

Gov Sanwo-Olu pledges to boost economy with tourism

POSTED ON December 23, 2024 •   Business      BY Benedicta Bassey
Lagos state governor, Babajide Sanwo-Olu. Photo: @jidesanwoolu/X

LAGOS STATE, Nigeria — The Lagos State Governor, Babajide Sanwo-Olu, has pledged to boost economic prosperity with the potentials in tourism.

The governor made the pledge at the Lagos Boat Regatta 2024 with the theme, ‘’Our Water, Our heritage, Our life.”

The governor stressed that the boat regatta, which was held across the five divisions of the state, was a shared vision of showcasing the beauty of Lagos waterways for the residents to relish at all times.

While declaring the boat opened, Sanwo-Olu said, “We are indeed excited that we can finally have a boat regatta, the beginning of what will be a lot of activities that are going to happen during this Yuletide season. This one, being a very first, is a demonstration of our commitment to develop tourism potential in Lagos.

“You know one-third of Lagos is surrounded by water, so we need to be able to use our waterways not only as a means of transportation but as a strong ecosystem for tourism, and today, you will be seeing displays of various sizes of water infrastructure and display of boat regattas from the five divisions of Lagos.

“It is going to be a day and afternoon of sheer tourism, fun and understanding the beauty of the waterways of Lagos. Let us relax, sit back and enjoy the beauty of serenity and tourism potential of the state and the hospitality of Lagos.”

Earlier, the Commissioner for Tourism , Arts and Culture, Toke Benson-Awoyinka, said the Lagos Boat Regatta 2024 aimed to immerse participants in the rich culture of the state’s waterway.

Awoyinka said the event served as a driver of economic growth to boost tourism and create opportunities for local businesses and it further cements Lagos’ reputation as a premier global destination.

READ ALSO
IMF urges Nigeria to exercise fiscal caution amid economic reforms
BY Abiodun Saheed Omodara April 24, 2025 0

The International Monetary Fund (IMF) has called on Nigeria to exercise caution in its expenditures...

READ ALSO
FG urges IMF, World Bank to bolster economic reforms in sub-saharan Africa
BY Abiodun Saheed Omodara April 24, 2025 0

Finance Minister Wale Edun has emphasized the need for increased global assistance to reform economi...

READ ALSO
Nigeria's Economic Reforms Boost Sovereign Credit Profile - IMF
BY Abiodun Saheed Omodara April 23, 2025 0

The Assistant Director for Global Markets at the International Monetary Fund (IMF), Jason Wu,  ...

READ ALSO
Trade Wars Take Center Stage at IM ,World Bank Spring Meetings
BY Abiodun Saheed Omodara April 22, 2025 0

Global finance leaders are convening in Washington this week for the semi-annual meetings of the Int...

READ ALSO
Kano secures $10bn investment for renewable energy, minerals in partnership with Morocco
BY Abiodun Saheed Omodara April 21, 2025 0

KANO, Nigeria (NAN) - The government of Kano state has announced that it will secure more than $10 b...

READ ALSO
RMAFC, ALGON collaborate to strengthen LG financial autonomy
BY Abiodun Saheed Omodara April 18, 2025 0

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bell...

READ ALSO
LCCI, NIXIN call for government support to revitalize Nigeria's paper manufacturing industry
BY Abiodun Saheed Omodara April 18, 2025 0

The Lagos Chamber of Commerce and Industry (LCCI), in collaboration with NIXIN Paper Mill Nigeria Li...

READ ALSO
Cross River to rejuvenate rubber estates after out-of-court settlement with Enghaut industries
BY Abiodun Saheed Omodara April 18, 2025 0

CROSS RIVERS, Nigeria - The Cross River State Government, along with Enghaut Industries, has reached...

OUR CHANNELS:

Family seeks Justice following Police arrest and disappearance
BY Abiodun Saheed Omodara April 27, 2025 0

The family of Osas Azenabor, who was allegedly arrested by police on November 1, 2024, in the Mile 1...


Local groups seek FG backing to fight insecurity in Nigeria
BY Abiodun Saheed Omodara April 27, 2025 0

In the face of increasing insecurity nationwide, hunters and farmers are urging the Federal Governme...


Zulum raises alarm over Boko Haram resurgence in Borno State
BY Abiodun Saheed Omodara April 27, 2025 0

Borno, Nigeria - The Governor of Borno State, Babagana Zulum has expressed concern about the re-emer...


Atiku declares 2027 elections a referendum against Tinubu's administration
BY Abiodun Saheed Omodara April 27, 2025 0

Former Vice President Atiku Abubakar has stated that the upcoming 2027 general election will not be...


CBN allows cash transactions for 2025 pilgrims to Mecca following VP intervention
BY Abiodun Saheed Omodara April 27, 2025 0

ABUJA, Nigeria - The Central Bank of Nigeria (CBN) has granted permission for the 2025 intending pil...


Court order EFCC to detain CBEX Staff
BY Abiodun Saheed Omodara April 27, 2025 0

ABUJA, Nigeria (NAN) - The Federal High Court in Abuja on Thursday, authorized the Economic and Fina...


2face set to marry Edo politician Natasha in traditional wedding, April 25
BY Abiodun Saheed Omodara April 27, 2025 0

A popular Nigerian singer and multiple award winner, Innocent Idibia, known as "2Baba," alongside Ed...


Nigeria must leverage skills of retired military personnel in security strategy- Babandede
BY Abiodun Saheed Omodara April 27, 2025 0

Muhammed Babandede, a former comptroller-general of the Nigeria Immigration Service, has urged Presi...


Bauchi university dismisses lecturer over sexual assault
BY Abiodun Saheed Omodara April 27, 2025 0

Bauchi, Nigeria - The Governing Council of Abubakar Tafawa Balewa University in Bauchi State has ter...


FG commends Ghana for rescuing 219 trafficked Nigerians from cybercrime
BY Abiodun Saheed Omodara April 27, 2025 0

ABUJA, Nigeria - The federal government has praised the Ghanaian authorities for rescuing at least 2...


More Articles

Load more...

Menu