L-R: Co-Chairman, Ehingbeti 2022 Summit, Mrs Mary Iwelumo; President / Chairman, CIBN, Mr Ken Opara; Lagos State Deputy Governor, Dr Obafemi Hamzat; Chairman, Marketing Committee Ehingbeti 2022, Mr Abayomi Oluyomi and Immediate Past President CIBN, Dr Bayo Olugbemi

By Oluwatope Lawanson
Gov. Babajide Sanwo-Olu of Lagos State has assured of his administration commitment to taking appropriate lessons through implementations of its resolutions as plans are underway to hold 2022 Ehingbeti Summit.

Sanwo-Olu gave the assurance at the Chartered Institute Of Bankers (CIBN)/Lagos Economic Summit Group (LESG) Private-Public Partnership Pre-Ehingbeti Stakeholders Engagement on in Lagos.

The theme of the event is: “Building a Sustainable Future for a Greater Lagos”.
The Governor who was represented by his deputy, Dr Obafemi Hamzat said that the Ehingbeti Economic Summit had over the years played a vital role in the development of the state.

According to Sanwo-Olu, the past Summits gave birth to several initiatives such as Lagos State Employment Trust Fund, the Lagos State Security Trust Fund and most of the key infrastructure that dots the landscape of the state.

He said: “the quality of resolutions of past Summits also pioneered initiatives that had profoundly elevated the status of Lagos as a functional mega city.”

The governor noted that governance was not a one man show because no government, irrespective of the quality of its officials could claim monopoly of knowledge or idea.

Sanwo-Olu, stressed that Pre-Ehingbeti Stakeholders Engagement is organized to sensitize key stakeholders on upcoming 2022 Ehingbeti Economic Summit.

“It seek inputs on the proposed 30-year Lagos State Development Plan (2022 –2052) which is in 4 strategic phases will be formally launched at the Summit for deliberation and final adoption for implementation.

“The phases are Thriving Economy, Human-centric City, Modern Infrastructure and Effective Governance,”.

Earlier in his welcome remarks, the President/Chairman of Council CIBN, Ken Opara that the stakeholders engagement served as a platform for engagement between the government and members of the banking and finance community who are also critical stakeholders of the Greater Lagos agenda.

Opara added that the program which was a precursor to the Ehingbeti Summit provided an opportunity for the State Government and private sector players to exchange ideas on the most efficient and effective way of accelerating growth and development in the State.

The CIBN President said the state government in recognition of the pivotal role played by the banking and finance industry sector in the development of the economy decided to share its visions and plans with the institute.

“To harness insights and commitment of the banking sector to support the initiatives of the development agenda.”

He therefore, called on members of the banking community to support the initiatives of the state government by channeling resources to critical sectors towards the development of Lagos State into a major economy in Sub-Saharan Africa.

Also speaking, Mrs Mary Iwelumo, Partner Head West Africa Strategy Team Price Water Corporation and Co-chair, Ehingbeti Summit 2022, disclosed that this year’s summit will hold on October 11 and 12.

She said the theme of the 9th Lagos Economic Summit is: “Charting The Paths To Sustainable Socio-Economic Growth”.
She said: ” Ehingbeti has been an avenue to generate ideas, agree resolutions and evaluate the implementations of agreed resolutions.”

Dignitaries present at the event are; Lagos State Deputy Gov. Dr Obafemi Hamzat, government functionaries, entrepreneurs and members of the banking community among others.


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