The Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose, has stated that Lagos must lead a self-sufficient industrial growth as a commercial capital of Nigeria.

The commissioner stated this at the Lagos State Industrial Policy Consultative Assembly and Validation Workshop organised by the ministry at Alausa, Ikeja on Monday.

She noted that as the world transitions towards a new era of economic modernisation driven by technology, sustainability, and global competitiveness, it is imperative to recalibrate the Lagos industrial policies to align with both domestic imperatives and international best practices.

“Lagos State has long been the cornerstone of Nigeria’s economic advancement, acting as the gateway to trade, commerce, and industrialisation for the nation and beyond.
“As Nigeria’s commercial capital, the state must lead the charge in developing a self-sufficient, innovative, and globally competitive industrial ecosystem – one that leverages our vast human capital, geographic advantage, and entrepreneurial strength,” she said.