The Lagos State Government has called on its Export Promotion Committee to intensify efforts and collaborate with stakeholders to position Lagos as Nigeria and Africa’s leading hub for non-oil exports.
During a Thursday meeting at the Ministry of Commerce, Cooperatives, Trade and Investment, Permanent Secretary Dr. Olugbemiga Aina emphasized the need for bold, actionable strategies to diversify the state’s economy. He highlighted key opportunities in sectors like coconut, fisheries, vegetables, and Micro, Small, and Medium Enterprises (MSMEs) products.
“Together, we can make Lagos Africa’s top non-oil export hub,” Aina said. “The time to act is now. Exports are not just about goods; they tell Lagos’ story to the world.” He celebrated a milestone achieved in December 2024, when Lagos began exporting coconuts to Dubai, proving that with added value and high standards, local products can compete globally. Aina also noted progress in engaging MSMEs on opportunities within the African Continental Free Trade Area (AfCFTA) framework, but stressed more work is needed to prepare entrepreneurs for international markets.
The state, through the Ministry, pledged continued support for MSMEs by offering subsidized industrial workspaces, enhancing capacity building, promoting research and innovation, and improving access to finance via the N10bn Lagos State Access to Finance through Cooperatives program. The government also aims to facilitate market access by connecting producers with off-takers and international buyers. “Increasing exports diversifies our economy, creates sustainable jobs, and shields us from external economic shocks,” Aina added.
Bolanle Emmanuel, representing the Nigerian Export Promotion Council, announced plans for joint training sessions to expand the range and volume of Nigeria’s exportable goods, aligning with the state’s ambitions.
