Unlocking New Revenue
Streams for Lagos State
Welcome to the Eko Revenue Plus Summit- an unparalleled gathering of visionaries, decision-makers, and innovators at the forefront of driving socio-economic transformation through strategic revenue generation.
The Balmoral Convention Centre, Federal Palace, Hotel & Casino, Victoria Island, Lagos.
November 26th - 27th, 2024
Lagos State's THEME PLUS 2024 agenda seeks to initiate new pipelines for revenue and investment opportunities for Lagos State through the EKO REVENUE PLUS SUMMIT, a two-day landmark event bringing together key stakeholders to unlock sustainable and citizen-friendly revenue streams beyond traditional taxation.
1. Pitch Your Innovative Idea!
Engage directly with industry pioneers, government leaders, and top executives.
APPLY NOW!2. Investment & Opportunities!
Explore Unmatched Investment Opportunities at the Eko Revenue Plus Summit 2024!
REGISTER NOW3. Sponsoship & Partnership
Elevate Your Brand Through Sponsorship and Partnership at the Eko Revenue Plus Summit 2024!
REGISTER NOW4. Be a Participant
Be an Active Participant at the Eko Revenue Plus Summit 2024! Engage directly with industry pioneers.
REGISTER NOW
The development of any megacity like ours is the responsibility of both the public and private sectors, and to this end, we will continue to explore public-private partnership strategies in the provision of infrastructure, social services, and the conversion of challenges to opportunities within the context of scarce resources.
Mr. Babajide Sanwo-Olu
Executive Governor,
Lagos State.
Special Guest of Honour / Keynote Speaker.
SPEAKERS
Professionals from the private and public sector shaping up the great city of Lagos.
Moruf Oseni
MD/C.E.O, WEMA Bank Plc.
Abayomi Oluyomi
Honorable Commissioner, Lagos State Ministry of Finance
Mr. Abdul-Kabir Opeyemi Ogungbo
Special Adviser to the Governor, Taxation & Revenue
Mosopefolu George
Honorable Commissioner, Lagos State Ministry of Economic Planning & Budget
Lawal Pedro (SAN)
Honourable Attorney-General and Commissioner For Justice, Lagos State
Tokunbo Wahab
Honourable Commissioner for the Ministry of Environment and Water Resources
Gbenga Omotoso
Hon. Commissioner for Information and Strategy, Lagos State
Biodun Ogunlege
The Lagos State Commissioner for Energy & Mineral Resources
Toke Benson-Awoyinka
Honourable Commissioner For Tourism, Arts and Culture
EVENT SCHEDULE
Tuesday, Nov 26th
26
27
FOCUS AREAS
Lagos State's T.H.E.M.E.S PLUS 2024 agenda seeks to initiate new pipelines for revenue and investment opportunities across the following touchpoints
Property Sector
Lagos, Nigeria, is experiencing rapid growth, with a current population of 21 million projected to reach 38 million by 2050, leading to a significant housing deficit. Recent reports value the residential sector at ₦173 trillion and commercial real estate at ₦10 trillion. In response, the Lagos State Government has launched ambitious Economic Development Plans and the Lagos State Smart City Initiative, focusing on transforming the city and building new communities. Public-Private Partnerships (PPP) are key to addressing housing shortages and expanding infrastructure, fostering collaboration between government, investors, and communities to drive sustainable growth and innovation.
01
Digital Economy
Lagos State is poised to become Nigeria's digital epicenter by 2025 through the Lagos State Innovation Master Plan and Lagos State Broadband Project, driving innovation across FinTech, Agritech, HealthTech, EdTech, e-governance, and blockchain. The state aims to enhance mobile payments, e-commerce, and insurtech in FinTech; revolutionize agriculture with tech-driven solutions; improve healthcare and education access; streamline government services; and nurture talent through educational innovations, positioning Lagos as a hub for growth and innovation.
02
Informal Sector
The informal economy in Lagos State includes activities like street trading, small businesses, and domestic work, characterized by small workplaces, unsafe conditions, low incomes, and limited access to resources. The government is encouraged to support the formalization of these businesses to boost economic growth. Formalization would enable taxation, provide access to financial services, and ensure labor rights. The International Monetary Fund (IMF) advocates for reliable data collection on the informal economy to inform policies and economic planning, emphasizing the need for suitable regulations to facilitate this transition.
03
Circular Economy
Astute investors can drive transformative change in Lagos' waste management sector and capitalize on circular economy initiatives. Lagos generates 13,000 tons of waste daily, with only 40% properly collected and a recycling rate of just 10%. Innovative solutions include licensing electric vehicle operators for recyclables pickup to reduce emissions and collaborating with event venue owners to mandate responsible disposal of recyclables, offering incentives for compliance. These initiatives present significant investment opportunities while promoting environmental sustainability and urban development. Investing in waste management solutions can yield substantial returns, contributing to a cleaner, greener Lagos and benefiting the community.
04
Energy & IPPs
Lagos State, Nigeria's economic hub, is addressing its energy challenges, where it consumes 30% of the nation's electricity but receives less than 1,000 MW from the national grid, relying heavily on self-generated power. The 2023 Lagos State Electricity Policy highlights the need for $20 billion in investments by 2030 to tackle power shortages and frequent outages. Strategic Public-Private Partnerships (PPPs) offer a path to finance and develop energy infrastructure, enhancing energy accessibility through independent power companies and achieving power independence for key markets and clusters. Targeted investments in Independent Power Projects (IPPs) aim to bolster energy capacity and infrastructure, driving sustainable development and economic growth.
05
OUR PARTNERS
VENUE
The Balmoral
Convention Center
Federal Palace, Hotel & Casino, Victoria Island, Lagos.
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