President Muhammadu Buhari has assured Lagosians and the state government of his administration’s support in overcoming the challenges of COVID-19.
Buhari gave the assurance during the ongoing Lagos Economic Summit, Ehingbeti 2021.
In his address, Mr. president commended the state for its consistency in ensuring that it stays relevant in its sustainable economic pursuit.
He further addressed the impact of the COVID-19 pandemic in the state, being the epicenter across the federation.
The president said the federal government is playing its part to ease the burden of the unprecedented viral outbreak.
According to Buhari, federal funding was approved in 2020 to acknowledge the state being an epicenter of the COVID-19 pandemic.
He further added that “The challenges of Lagos must be clearly seen as that of Nigeria and as such the federal government will support Lagos to overcome its challenges and to thrive socially and economically.”
Speaking further, Mr. President buttressed how it has played a significant role in some vital development ongoing in the state.
He mentioned that a Presidential Infrastructure Development Fund (PIDF) had been set up to cater for the reconstruction of prominent routes within the state, including that of the Lagos-Ibadan expressway.
About Ehingbeti Economic Summit 2021
The annual Lagos State Economic Summit, popularly called EHINGBETI started in 2000.
The Summit began as an annual event.
Because of the importance attached to the Summit and its resolutions, it has changed from a yearly one to a biennial Summit to give the State Government some time to respond to commitments that she made.
However, the Summit was last held in 2014.
The Summit itself has a rich history.
It is of even greater pleasure to note that it has been hosted continuously since the beginning of the millennium in the year 2000 and is now firmly established as a credible forum for stimulating economic growth in Lagos State.
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