
(Lagos State Gov. Photo by Voice of Nigeria)
The Lagos State Government has set out 7 economic priorities to guide its planning and policy for 2027.
Government want to make the economy stronger so there are more jobs, better roads and buildings,
Commissioner for Economic Planning and Budget Ope George announced the priorities at the fourth Lagos Economic Roundtable at Protea Hotel, Ikeja.
The state shared the update on its officail account on Friday.
The event was organised by the Ministry of Economic Planning and Budget and brought together policymakers, business leaders, economists, development banks and academics.
The seven priorities are fiscal sustainability and revenue collection, infrastructure and competitiveness, jobs and skills, business diversification, food security, climate resilience and green growth, and data-driven governance.
On money matters, George said the state will work to raise more of its own revenue, spend public funds more wisely and manage resources responsibly.
On infrastructure, he said the state will use joint projects, creative funding and public private partnerships to speed up work.
He named transport, power, water, housing, digital access and logistics as key areas.
On jobs, George said growth must lead to decent work, especially for young people and women.
He also stressed support for the informal sector, which provides many livelihoods across the state.
On business, he called for more help for growing sectors, small businesses and investment.
He said a friendly environment would help firms expand and create jobs.
On food, he said the state will tackle rising food prices, strengthen supply chains and improve household welfare.
On climate, George said Lagos's coastal location and fast growth make climate issues central to planning, especially flooding.
He also highlighted the need for reliable statistics and better monitoring.
He pointed to EKO360 and the Lagos State Bureau of Statistics as tools to improve planning, budgeting and service delivery.
Permanent Secretary Olayinka Ojo said the Lagos Economic Outlook initiative, set up about five years ago, is meant to turn research into real policy.
She also pointed to Lagos being ranked Nigeria's top performing state in the 2025 State of States Performance Ranking.
George warned that the state must prepare for risks such as geopolitical tensions, inflation, climate shocks, technological change and fast urban growth.
"We must move beyond reactive responses to economic shocks by embracing scenario based planning and strengthening our capacity to anticipate, adapt and recover," he said.