The All Progressives Congress (APC) governorship candidate in Lagos State, Dr. Kadri Obafemi Hamzat, has outlined an ambitious economic development agenda centred on business growth, job creation, improved infrastructure and a better quality of life for residents.
Hamzat made this known during his engagement with business leaders at the BusinessDay Town Hall with the Organised Private Sector, where he discussed critical economic issues affecting businesses, households and investors across the state.
According to the APC candidate, Lagos can only achieve sustainable economic growth when businesses thrive, residents have access to decent livelihood opportunities and development reaches every part of the state.
He identified multiple taxation, access to finance, employment generation, affordable housing, healthcare and infrastructure as key areas requiring sustained government attention.
Emphasising the need for an integrated approach to governance, Hamzat noted that transportation plays a critical role in economic productivity, affecting the movement of goods, food prices, business operations and the overall cost of living.
He said the next phase of Lagos’ development must focus on making existing infrastructure and government systems work more efficiently for the benefit of all residents.
Speaking on his development agenda, tagged The Lagos PROMISE, Hamzat unveiled plans to harmonise 63 identified taxes into nine, expand access to capital and business support for small enterprises, and grow the state’s small business base from the current 120,000 to one million.
Other key commitments include expanding healthcare capacity by 50 per cent, improving access to affordable housing and creating more economic opportunities for artisans and workers in the informal sector.
He stressed that political promises must be practical, measurable and supported by clear implementation strategies.
Hamzat, who has been part of successive administrations that shaped Lagos’ development trajectory, said his experience and understanding of the state’s challenges would provide a strong foundation for the next phase of growth.
He pledged to consolidate existing achievements, strengthen collaboration with the organised private sector and ensure that economic expansion translates into tangible benefits for residents.
According to him, the ultimate objective of The Lagos PROMISE is to build a more prosperous, inclusive and economically competitive Lagos where every resident has greater access to opportunities and an improved quality of life.
