Sanwo-Olu assures of creativity in modelling financial system for Lagos

Governor Babajide Sanwo-Olu of Lagos State, receiving the management team of FMDQ Group Plc and FSD Africa on a courtesy visit at Lagos House, Marina, assured that his administration would be creative in its financing model to provide the required funds to deliver the dividends of democracy to the people.

The FMDQ Group Plc was led by the CEO, Bola Onadele Koko, while FSD Africa was led by the CEO, Mark Napier.

Governor Sanwo-Olu at the event attended by the British Deputy High Commissioner, Ben Liewelyn-Jones, and Head, Economic Development, FCDO of the British High Commission, promised that he would continue to push until he gets the desired results for Lagos and the residents of the State.

According to the Lagos governor: “We need to look for other sources of financing. We need to be very creative in our financing model. The population is huge and there is pressure on us to meet up with some of our very big and expanded economy.

“We are truly pushing ourselves in various areas. I am personally excited when I know and see that our team and your team are driving toward a convergence that can better the lots of our citizens. We will continue to push until we get the desired result.”

Sanwo-Olu, expressing his satisfaction with the progress of the Lagos State Green Bond Issuance Memorandum of Understanding (MoU) the State Government signed with FMDQ Group and Financial Sector Deepening (FSD) Africa on Tuesday, September 14, 2021, urged all partners to leverage the partnership for full benefits on investments, adding that the relationship should be continuous and not a one-off.