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peter·Business· 5 days ago

Sanwo-Olu’s Lagos: How Reforms Drove Its Rise to Nigeria’s Top Business State

Sanwo-Olu’s Lagos: How Reforms Drove Its Rise to Nigeria’s Top Business State

At the recent 2026 Reform and Diplomatic Roundtable, Lagos topped the subnational business environment rankings with an impressive score of 85.6%. The event, organised by the Presidential Enabling Business Environment Council in collaboration with UK International Development, celebrated the state’s strong infrastructure, efficient regulations, and robust market access. PEBEC Director-General Zahrah Audu highlighted key reforms such as end-to-end digital land registration, an automated tax system, one-stop levy payments, and a functional commercial court. These measures have slashed delays, boosted investor confidence, and reinforced Lagos’s reputation as Nigeria’s leading commercial hub. Governor Babajide Sanwo-Olu credited consistent policy discipline, infrastructure upgrades, and the Lagos State Development Plan 2052 for the climb from 29th to first place in four years. He vowed to sustain these efforts and keep Lagos the nation’s most business-friendly state. Abdul-Lateef lives and works in Ikeja GRA.

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Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.

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isa5 days ago

With Lagos scoring 85.6% in business reforms, what do you think made it leapfrog its rivals?

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kris5 days ago

Definitely, those bold reforms seem to have set the pace for Lagos's lead over other states.

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jaruma5 days ago

Definitely! Lagos' smart policies and streamlined processes must have sparked that impressive leap ahead of the competition.

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bisi5 days ago

Counting on a single index no dey show real business wahala for Lagos, even if the numbers look impressive.

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yemi5 days ago

It's hard to celebrate top rankings when stalled road projects and erratic power supply remain daily realities for Lagos entrepreneurs.

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jude5 days ago

Entrepreneurs should tap PEBEC and UK International Development's resources for faster licensing, clearer guidelines, and smoother compliance with Lagos reforms.

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