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Ambode Says Lagos is 5th Biggest Economy in Africa



Ambode Official BN

According to Lagos Governor, Akinwunmi Ambode, the state has the fifth biggest economy in Africa.

He revealed the news on Sunday during an interactive session with a US delegation at the Lagos House in Marina, Punch reports.

Issues discussed include tackling Boko Haram, trade relations, and improving democracy.He said US democratic experience would be beneficial to Lagos and Nigeria.

Here are some excerpts from Ambode’s speech:

“…I also want to let you know that you are in the commercial capital of Nigeria, Lagos. The population is nearing 21 million of which four million are the middle class. We are the fifth largest economy in Africa and our GDP has hit $131bn.

Lagos is more like New York because it is a cosmopolitan state where the largest concentration of foreigners lives. So it’s important that everyone is carried along…”


  1. fleur

    August 3, 2015 at 4:36 pm

    Great Sir, keep it that way or better still grow it some more.

  2. fleur

    August 3, 2015 at 4:36 pm

    Oh, and grow it for Lagosians, not foreigners.

  3. fleur

    August 3, 2015 at 4:37 pm

    Your trade policies will matter. Having a clear comprehensive vision to ask of external investors will root the growth of Lagosians and Nigerians to the growth of the economy. We must transition from being a consumer society. We produce and we can produce for international consumption.

  4. nunulicious

    August 3, 2015 at 5:01 pm

    what a great time to be home in Nigeria. Papa God bless my hustle and show me the way o.

  5. phoenixceleste

    August 3, 2015 at 6:54 pm


  6. Smith

    August 4, 2015 at 2:49 am

    Ambode’s grammar is so poor.It’s just as elementary and uninspiring as his speeches. No one expects him to be another BRF, but he just needs to do better. Trust (mediocre) Nigerians to bash this comment.. Products of bad educational policies.

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