Lagos State Government says the state has attracted over N50 billion in investment through Foreign Direct Investment (FDI) and Domestic Investments in the last one year.
The State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose Medebem, disclosed this during the ongoing Ministerial Press Briefing to mark the first year of second term of Governor Babajide Sanwo Olu’s administration, which took place in Alausa, Ikeja.
Medebem said amongst the new multi-billion naira investments, is the Twinings Ovaltine Nigeria Limited (TONL), owned by the Associated British Foods Plc, which will expand the state’s productive base, generate employment and improve its…
Source: Nigerian Tribune
