LAGOS SIGNS HISTORIC CITY DEAL WITH DUBAI

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The Lagos State Government and the City of Dubai on Monday entered into a historic partnership that will see Lagos emerge as the first Smart City in Africa. The Memorandum of Understanding (MoU) for the Lagos Smart City was signed at the Emirate Towers, Dubai by the Lagos State Attorney General and Commissioner of Justice, Mr. Adeniji Kazeem and the Chief Executive Officer of Smart City Dubai LLC, Mr. Jabber Bin Hafez.

The signing of the MOU, which would make Lagos the home of the very first Smart City in Africa, was witnessed by the Chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor, Mr. Akinwunmi Ambode. A Smart City is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters to empower business growth for companies and knowledge workers all over the world.

Governor Ambode in a statement signed on Tuesday by the State Commissioner for Information and Strategy, Mr. Steve Ayorinde, said that the Smart City (Lagos) is expected to bring multi-billion dollar investments to the State, create thousands of jobs and transform the Ibeju-Lekki axis in particular and the entire Lagos State in general.

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