Lagos State governor, Akinwunmi Ambode, has described the state as the fastest growing mega city in the world, just as he revealed that its Gross Domestic Product GDP has hit $136 billion.
He also said the state accounts for over 90 per cent of Nigeria’s foreign trade flow, which invariably contributes 30 per cent to the country’s GDP and also accounts for 65 per cent of its manufacturing activity.
The governor who spoke through his Special Adviser on Overseas Affairs and Investment, Professor Ademola Abass, in Alausa, Ikeja, yesterday added that it attracted over 293 investors in a year.
With economic recession, he said, government had attracted more foreign direct investments in the first two years of the present administration than it did in the past 15 years.
Meanwhile the state has raked in N20.774 billion on land related transactions in the past one year.
This is against the 2015 revenue of N9.2 billion.
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