Lagos, July 24 — The Lagos State government aims to establish a $150 million central food hub to reduce food waste by 50% and is seeking $26 million to develop an advanced cancer and diagnostic institute.
Thank you for reading this post, don't forget to subscribe!Governor Babajide Sanwo-Olu revealed the plans at an Investors’ Roundtable on Wednesday. The central food hub will focus on food aggregation, storage, preservation, logistics, and distribution, with an expected completion by 2026. It will create over 16,000 jobs and stabilize food prices in the region.
Sanwo-Olu also highlighted the €410 million Omi Eko water project, backed by the World Bank, which will introduce electric-powered ferries and build 25 terminals. The project, part of Lagos’ Climate Action Plan, aims to cut carbon emissions by approximately 41,000 tons annually and provide a faster transportation alternative to reduce road congestion. Implementation is scheduled from 2024 to 2030.
Additionally, the state is seeking $26 million to complete a $46 million comprehensive cancer and diagnostic institute. The institute will address the growing demand for cancer care and improve diagnostic services, with $20 million already secured through private partnerships.
The Lagos State government is also working on a tiered medical laboratory system to enhance healthcare services across the state.
