HOW LAGOS IS LEVERAGING TECHNOLOGY TO TRANSFORM BUSINESSES-  SANWO-OLU

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By 2030, the smart city ambition of Lagos State would have been fully realised, just as Governor Babajide Sanwo-Olu said his administration will continue to leverage technology to transform the state’s economy while easing impediments for businesses to flourish.

Sanwo-Olu said his administration had begun the implementation of the smart city plan with the rollout of 6,000km metro fibre optics, which is the requisite infrastructure for the smart city project. In the next nine years, he said every residence, school and office in Lagos would have access to fast Internet connectivity.

The Governor spoke at the 2021 Out-of-Home Advertising Conference and Exhibition organised by the Lagos State Signage and Advertisement Agency (LASAA) at Eko Hotels and Suites, Victoria Island.

Sanwo-Olu, represented by his deputy, Dr. Obafemi Hamzat, said the government would provide supporting infrastructure and leverage data to enhance capacity of small and medium scale enterprises.

Speaking on the theme: “Road map for the Growth of Signage and Out-of-Home Advertisement post Covid-19 in Lagos,” Sanwo-Olu said his administration had started to address challenges impeding transformation of State into 21st century economy.

He said: “Technology is the current value of exchange globally and our smart city plan is predicted on this. We are making appreciable progress in the ongoing laying of metropolitan optic fibre, as well as the installation of smart cameras in strategic locations across the State. We believe that these two projects are critical to enhancing the ability of businesses to effectively operate. This technology will be supported by efficient and stronger bandwidth connectivity.”

In his remark, Commissioner for the Environment and Water Resources, Mr. Tunji Bello, said the conference would create a roadmap for the out-of-home advertising industry and foster effective collaboration with all stakeholders in the sector.

He said the conference had established the nexus between outdoor advertising and the Smart City plans of the State, stressing that the Governor’s T.H.E.M.E.S. agenda was designed to fundamentally transform the social and business environment.

Managing Director and Chief Executive Officer of Lagos State Signage and Advertisement Agency (LASAA), Prince Adedamola Docemo, said the objective of the conference was to raise the confidence of stakeholders in the Sanwo-Olu administration as a public sector partner.

He said the agency would be rolling out policies and programmes that would improve sectoral investment, drive sustainable growth, encourage regular engagement and development of the State.

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