Lagos Free Zone: Tolaram Group to attract additional $5billion investment to Lagos state in 4 Years - Daily Post Nigeria

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Lagos Nigeria. Friday March 19, 2021. In line with its vision to be the preferred industrial hub and investment destination in West Africa with

world-class infrastructure, the Lagos Free Zone which already has a committed investment of $2 billion is poised to attract an additional $5 billion over the next 4 years.

Rathi further explained that the zone, which was established in the year 2012 is being promoted by Tolaram Group, a leading conglomerate in Nigeria – who have already attracted about $2 billion committed investment to the Zone currently. Speaking during the visit, the Executive Governor of Lagos, Mr. Babajide Sanwo-Olu lauded the management of the Lagos Free Zone and its promoters – Tolaram Group, for their commitment and investment in the zone which would boost the economy of the state and that of the nation. He praised Lagos Free Zone for being one of very first settlers in the area and for making tremendous improvements and progress, in partnership with other international and local businesses and brands.

The Governor pledged that his administration would prioritize the issue of the infrastructural development projects that would act as catalyst to speed up investments in the Zone.

 

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Where all this investment they go ooo

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