Lagos to fund tech-driven business models

Luqmon Balogun, Lagos

Lagos State Governor, Mr. Babajide Sanwo-Olu (middle), with Founder, Zenith Bank Plc, Mr. Jim Ovia (right) and representative of the Vice president and Director General, Budget Office, Mr. Ben Akabueze (left) during the launching of PwC Experience Centre at Victoria Island, Lagos on Wednesday, June 19, 2019.

The Lagos State Governor, Mr Babajide Sanwo-Olu has pledged his administration’s support for the funding of entrepreneurs with new technologies and models capable of assisting urban development in the state.

The Governor made this known at the opening of the PwC Experience Centre in Victoria Island, Lagos.

Governor Sanwo-Olu also said the state would finance and promote the upscale for digital economy.

“We want to help you think carefully about the incentives that promote and foster the growth of the digital economy and help fund entrepreneurs who have new tech-driven business models that can contribute to our sustainable urban development. 

“We will therefore continue to encourage and support forward thinking organizations and institutions like yours that will catapult Lagos into this new era of development,” Sanwo-Olu said.

He expressed delight with the creation of a PwC Experience Centre in Lagos State noting that it is in tandem with his administration’s plan to cut off traditional modes of thinking for a 21st Century city.

The Governor who explained that the centre has joined the progressive organisations with modern creative ideas leveraging on technologies for growth and job opportunities, was optimistic that the centre would not only be impactful to Lagos for growth and development but also Nigeria in general.

Emmanuel Ukoh