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Invest in Lagos 3.0 to attract N4 trillion in local and foreign direct investment

by Usman Kadri
May 13, 2026
Reading Time: 3 mins read
Invest in Lagos 3.0 to attract N4 trillion in local and foreign direct investment

L-R: Dr. Toyosi Akerele-Ogunsiji, Co-Chair, Technical and Programme, Invest in Lagos Summit 3.0; Solape Hammond, CEO, Produce for Lagos/Lead, Partnerships Sub-Committee, Invest in Lagos Summit 3.0; Ayo Otuyalo, Member, Advisory Board, Commonwealth Enterprise and Investment Council; Folashade Ambrose-Medebem, Commissioner for Commerce, Cooperatives, Trade and Investment, Lagos State/Co-Chair, Invest in Lagos Summit 3.0; Sam Egube, Deputy Chief of Staff to the Governor of Lagos State/Co-Chair, Invest in Lagos Summit 3.0; Obinna Anyanwu, Country Director Nigeria, Commonwealth Enterprise and Investment Council; Ajibola Ponnle, CEO, Human Investment Group; and Gbenga Omotoso, Commissioner for Information and Strategy, Lagos State, at a press conference to announce the Invest in Lagos Summit 3.0 in Lagos, yesterday.

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The Lagos State Government is set to host the third edition of its flagship investment forum, ‘Invest in Lagos 3.0’, with the target to attract both local and foreign direct investment worth N4trillion.

The summit scheduled to hold from Monday, June 08 to Tuesday, June 09, 2026, at Eko Hotels and Suites, Victoria Island, Lagos state, in partnership with the Commonwealth Enterprise and Investment Council (CWEIC).

The summit, which will attract experts and business leaders from the fifty-six Commonwealth nations, is conceived to position Lagos as Africa’s leading sub-national hub for capital flows, trade integration, financial innovation, and infrastructure development.

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Speaking during a press conference held on Tuesday, May 12, 2026 at Eko Hotel &Suites, the Co-Chair, Local Organising Committee (LOC), Invest Lagos Summit 3.0 & Honourable Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Bada Ambrose-Medebem declared that outcomes from Invest in Lagos Summit 3.0 will build on and surpass the achievements of the previous editions with greater depth, stronger global engagement, and clearer implementation pathways”.

Ambrose-Medebem explained the high-level forum, themed “Lagos: The Business Gateway to Africa -Where Innovation Meets Capital” is expected to feature investment opportunities across key priority sectors including infrastructure, industrialisation, the digital economy, agriculture, energy transition, logistics, financial services, real estate, and SME development.

“Lagos sits at the centre of the African economic story. With a population in excess of 23 million people, a GDP that ranks among the largest city economies on the continent, expanding infrastructure, a vibrant innovation ecosystem, a growing industrial base, and one of the busiest seaports in Africa, Lagos remains uniquely positioned as the preferred destination for investment, trade, manufacturing, finance, technology, and enterprise development”, she said.

In his remarks at the conference, the Co-Chair of the Local Organising Committee & Deputy Chief of Staff to Lagos State Governor, Mr. Sam Egube disclosed that more than twenty-nine global speakers from across the different countries of the world and industries have confirmed attendance.

“This summit will move conversation into measurable outcomes. In fact, the summit will spotlight key sectors including technology, infrastructure, healthcare, transportation, energy, environment, and the creative economy,“ he added.

With this Summit, Lagos is determined to translate investment conversations into deployable channels and maintain commitment to the Lagos State Development Plan 2052 as well as the T.H.E.M.E.S+ policy framework of the current administration designed to stimulate socio-economic development in the state.

It is expected that the 500 to 600 high-level delegates comprising innovators, global institutions, sovereign wealth funds, development finance institutions, multilateral institutions, structured finance specialists, trade networks across the Commonwealth, and senior public officials confirmed for attendance will share perspectives that will ease movement of conversations into measurable outcomes.

Among the key guests already confirmed for the summit are the Governor of Lagos State, Babajide Sanwo-Olu; Deputy Governor, Lagos State, Dr. Kadri Obafemi Hamzat; Hon. Minister of Industry, Trade & Investment ,Dr. Jumoke Oduwole; the Chair, Commonwealth Enterprise & Investment Council (CWEIC), Lord Marland; The Secretary-General, Commonwealth, Hon. Shirley Botchwey ; the Co-Chair, Lagos Finance & Investment Council (LFIC) Mr. Aig Imoukhouede; Chief Growth & AI Officer, Middle East & Africa, Microsoft, ,Tomiwa Williams; MD/CEO, First Bank of Nigeria, Olusegun Alebiosu; MD/CEO, Sterling Bank, Abubakar Suleiman; MD/CEO, Lagos Free Zone, Adesuwa Ladoja; Chairman, Nigeria Sovereign Investment Authority (NSIA), Segun Ogunsanya; Vice President, Adani Group Shahzad Athar and CEO, Benoy, Tom Cartledge.

As a summit designed to drive private sector investment, stimulate enterprise growth, expand value chains, strengthen the fiscal sustainability of Lagos, Invest in Lagos 3.0 is more than a mechanism for growth economic growth acceleration, but also a platform for showcasing the investment sustainability of Lagos and catalyst for structured engagement with capital providers.

L-R: Dr. Toyosi Akerele-Ogunsiji, Co-Chair, Technical and Programme, Invest in Lagos Summit 3.0; Solape Hammond, CEO, Produce for Lagos/Lead, Partnerships Sub-Committee, Invest in Lagos Summit 3.0; Ayo Otuyalo, Member, Advisory Board, Commonwealth Enterprise and Investment Council; Folashade Ambrose-Medebem, Commissioner for Commerce, Cooperatives, Trade and Investment, Lagos State/Co-Chair, Invest in Lagos Summit 3.0; Sam Egube, Deputy Chief of Staff to the Governor of Lagos State/Co-Chair, Invest in Lagos Summit 3.0; Obinna Anyanwu, Country Director Nigeria, Commonwealth Enterprise and Investment Council; Ajibola Ponnle, CEO, Human Investment Group; and Gbenga Omotoso, Commissioner for Information and Strategy, Lagos State, at a press conference to announce the Invest in Lagos Summit 3.0 in Lagos, yesterday.
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