LASG reiterates commitment to support innovators, business enterprenuers

Awards
By Oluwatope Lawanson
Lagos, March 7, 2020 (NAN) The Lagos State Government has reiterated its commitment to support the ambitions and aspirations of entrepreneurs, innovators and business leaders in the state to create an enabling and viable environment for business.
Gov. Babajide Sanwo-Olu gave the reassurance on Friday night at an Award and Gala Night organised by Ernst and Young (EY) Entrepreneur held at Victoria Island, Lagos.
Sanwo-Olu, represented by his Deputy, Dr Obafemi Hamzat, said that entrepreneurs were the key drivers of the state.
He acknowledged that Lagos would not have attained being the economic hub of Nigeria and the biggest subnational economy of Africa, if not for entrepreneurs who translated their dreams into reality.
“Anyone who has started a business knows that it is not an easy thing to do.
“lt also does not get easier and every stage of the growth of a business comes with its own unique challenges and issues.
“We must also acknowledge that the environment in which we are can be a challenging one for various reasons.
“Despite all the obstacles and challenges, many peeple continue to put in the hard work and the sacrifice to build, grow, expand and innovate.
“Therefore, I would like to reassure all the entrepreneurs, innovators, and business leaders that Lagos State Government will continue to do everything within its power to support your ambitions and aspirations,” he said.
According to Sanwo-olu, government is investing heavily in infrastructure, especially in the transport sector.
“The Federal Government is also supporting us with infrastructure investments in major sectoral areas of transport, power and agriculture to name a few.
“We are making it easier for people to get land titles and other necessary documents and to pay state taxes.
“We are also automating a lot of our services for greater efliciency and transparency,” he said.
The governor stressed that security was also a big priority for its administration, noting that there would not be prosperity without the safety and security of lives and property.
“The private sector is an important part of our security efforts, through the Lagos State Security Trust Fund.
“Lagos State will continue to faithfully discharge its responsibility to create an enabling environment for your businesses,” he said.
Earlier, Mr Henry Ogbegi, Regional Managing Partner, EY Entrepreneur, said that innovators and enterprenuers make positive impact on the people and socio-economic deveIopment.
Ogbegi called for partnership between enterprenuers and government, adding that government should intervene and create value with the people.
The News Agency of Nigeria (NAN) reports that enterprenuers and captains of industries were honoured as well as recognised for there excellence, spirit of entrepreneurship and creating value for the Nigerian economy.
Dr Cosmos Maduka of Coscharis Motors emerged winner of the Masters category and would be representing Nigeria in the EY World Entrepreneur award of the year in Monte Carlo.
Mr Obi Ezeude of Beloxxi Industries emerged EY Entrepreneur of the year, while the Lifetime Achievement Award went to the doyen of banking in Nigeria and Africa, Dr Olasubomi Balogun.
NAN reports that EY Entrepreneur Award started in the U.S in 1986, and has since become a global program covering more than 70 countries.
The West African edition of the award, had been on since 2011. (NAN)
LAW/ ASS/GOK
Edited by Saidu Adamu/Olagoke Olatoye
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