Lagos Illustrates Digital Expansion Plans With $22m FDI Commitments

Naijaonpoint_ng | 03-06-2026 03:08pm |

The Lagos State Government has announced the acquisition of approximately $22 million in Foreign Direct Investment (FDI) commitments dedicated to enhancing digital infrastructure throughout the state. This initiative, facilitated by the Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA), is part of a broader strategy to solidify Lagos's status as Nigeria's foremost technology and innovation hub. The investment is anticipated to contribute significantly to the development of digital services and improve connectivity for residents and businesses alike.

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