There was no denial that the present administration in Lagos state under the leadership of Governor Babajide Sanwo-Olu had invested heavily in people’s Oriented Projects.
In the history of Nigeria and across the 36 states of the federation, Babajide Sanwo-Olu’s unique attention and approach to developmental project is overwhelming which continue to position the state as number one and maintain its centre of excellence.
This feat was creates another testimony in Governor Sanwo-Olu’s administration in the ongoing 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) in Dubai, United Arab Emirates.
The COP28 which has different mandate and agenda but place critical value on how to reduce the health impacts of climate change with a require action across all of society, including rapid and large-scale action to decarbonize energy systems to reduce emissions by at least 43% over the next seven years.
Based on this proposition, Lagos State Government through the Governor of the state, harness the opportunity to secured financing deals for two waste conversion initiatives at the ongoing COP28 Climate Summit in Dubai, the United Arab Emirates (UAE).
The position of Governor Sanwo-Olu is clear on this with a deal that the two waste conversion initiatives pitched by Lagos State at the summit secured from investors were the Advanced Garbage Collection and Waste-to-Energy project and building of new Sewage Treatment Plant.
Governor Sanwo-Olu also presented the Phase Two of the Lagos State Climate Adaptation and Resilience Plan (LCARP) before global partners for a sustainable development to tackle any effect of climate change in the State.
These two waste conversion projects were at a pivotal stage, awaiting technical review by interested partners and disbursement of funds in order to transform the ideas to reality.
Governor Sanwo-Olu has let the world know that investments represented his administration’s commitment to improve the lives of Lagosians and maintaining the status of the State as a beacon of progress.
Sanwo-Olu also signed a Memorandum of Understanding (MoU) with Sheikh Abdul Rahman Saif bin Saif Al Sharqi, Chairman of the Nigerian-Arabian Gulf Chamber of Commerce (NAGCC), at JAFZA One Convention Centre in Dubai.
There is no doubt that this agreement, will facilitate, mutually undertake, explore trade and investment opportunities between Lagos and Arabian Golf Chamber of Commerce (GCC) member countries.
The MoU will also provide a structured platform for dialogue, collaboration, and exchange of innovative ideas between the business communities of Lagos and Arabian GCC.