Sanwo-Olu: My Govt will work in partnership with SMEs & private sectors for economic growth

Babajide Sanwo-Olu, the governorship candidate of the All Progressive Congress (APC) of Lagos State, said his government would work with Small and Medium-sized Enterprises (SMEs) and the private sectors if elected to power.

During the official unveiling of his programs for Lagos, Sanwo-Olu recently revealed this information, while stressing the need to empower SMEs and private sector actors.

Unveiling what he christened “Five Pillars” on which he intends building development, Sanwo-Olu harped on the need to partner with the private sector for empowerment which would, in turn, employ the teeming population of employed Lagosians, since the challenge of unemployment cannot be holistically tackled, even if the workforce is doubled.

“Femi (his running mate) and I are here to share our thoughts on the five pillars for development in our government. These are things we didn’t just sit in our bedrooms to draft out. They were cleverly thought out and based on critical research.

“The engine of growth for any government is the private sector and SMEs. The actual people we need to engage to galvanise development in the economy is the private sector. The private sector controls over 80 per cent of the state’s GDP.

“For you to contribute to a continuous foreign direct investment, you must be safe. Once you provide maximum security for the private sector, the economy will grow and SMEs will benefit,” he said.

READ ALSO: Lagos will be the world’s most populated city in a 100 years – World Economic Forum

Lending his voice to the earlier assertions, the running mate of Sanwo-Olu, Obafemi Hamzat, disclosed that all his team is doing now and will do if elected into power, has been encapsulated in a new online application.

Sanwo-Olu
The running mate to the All Progressives Congress, APC, governorship candidate in Lagos State

“This is the app that captures all the activities of the party in the state. Lagosians can now measure our activities and performances. As at the last time I checked, it was the number one trending app on Google Play Store,” said Hamzat.

 

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