Lagos Needs Deeper Private-Sector Partnership to Drive Toward $1Trn Economy by 2052, Says Ambrose-Medebem

Reiterating the state government’s growth trajectory, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, has underscored private-sector collaboration as the core catalyst required to scale the state's economy to $1 trillion by 2052.

Delivering the keynote address at the Julius Berger Luminary Soirée 2026 held on September 9 at the Alliance Française de Lagos, Mike Adenuga Centre, Ikoyi Folashade Ambrose-Medebem focused on the strategic framework titled “The Lagos Proposition: Unlocking Value.” She highlighted that public sector enablement must be matched by institutional capital deployment, corporate partnerships, and long-term infrastructure investment to unlock high-value commercial corridors across the metropolis.

The gathering brought together key corporate players, policymakers, and industry executives to chart collaborative pathways for sustainable urban development and economic expansion.

Key Highlights at a Glance

Core Target: Scaling the Lagos economy to $1 trillion by 2052

Keynote Speaker: Folashade Ambrose-Medebem (Commissioner for Commerce, Cooperatives, Trade and Investment)

Event Context: Julius Berger Luminary Soirée 2026 (“The Lagos Proposition: Unlocking Value”)

Venue: Alliance Française de Lagos, Mike Adenuga Centre, Ikoyi