Lagos unveils ‘Ehingbeti 2020,’ targets 100,000 participants

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By Chinyere Joel-Nwokeoma

Lagos, Oct. 8, 2020 Mr Sam Egube, Commissioner for Economic Planning and Budget, Lagos State, on Thursday unveiled plans for this year’s Lagos Economic Summit tagged ‘Ehingbeti 2020’ slated for Nov. 10 to 12.

The plans for the summit, which targets 100,000 participants, were outlined by Egube, also co-Chair of the summit, at a stakeholders conference and logo presentation in Lagos.

The summit, organised by the Lagos Economic Summit Group (LESG), is expected to provide a robust platform for deliberations on pragmatic optimisation of the inherent opportunities in Africa’s fifth largest economy.

It is also expected to offer perspectives on how to manage its peculiar socio-economic landscape in the next decade.

Over time, the Lagos Economic Summit has redefined the dynamics of public-private sector collaboration for development, and charted a path for the sustainable socio-economic development of Lagos State.

Indeed, Egube sees Ehingbeti as an ingenious socio-economic apparatus that has contributed significantly to the evolution of Lagos State into a major economy in sub-Saharan Africa and an admirable megacity, with more potential.

In the last two decades, Ehingbeti is believed to have played a pivotal role in the transformation of Lagos State, with useful inputs into Lagos State Development Plans.

The summit has gained useful insights from many business and political leaders and renowned economists since inception in 2000, with the state government implementing 193 out 206 resolutions reached at past editions of the summit.

Gov. Babajide Sanwo-Olu drew encomiums for resuscitating the summit that served as a platform for public-private collaboration in the state.

Naija247news reports that the summit would have the theme: “For Greater Lagos: Setting the Tune for the Next Decade.

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