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HomeEconomyJUST IN: Sanwo-Olu Launches Godrej Nigeria's New Manufacturing Hub in Lagos

JUST IN: Sanwo-Olu Launches Godrej Nigeria’s New Manufacturing Hub in Lagos

Toba Owojaiye reporting

Lagos, Nigeria

 

 

 

In a strategic move to bolster economic growth, Lagos State Governor Babajide Sanwo-Olu unveiled a new manufacturing facility in Ikeja for Godrej Nigeria Limited, a renowned consumer goods company backed by its Indian parent company with a century-long legacy and a workforce exceeding 8000 employees.

Highlighting the significance of manufacturing as the lifeblood of economic vitality, Governor Sanwo-Olu emphasized the government’s commitment to fostering partnerships in this critical sector. The inauguration marks a milestone in Godrej’s expansion plans, aligning with the economic synergies shared between Nigeria and India, particularly in market size and investment objectives.

Truth Live News gathered that The Godrej investment is poised not only to enhance the industrial landscape of Lagos but also to serve as a gateway for the company to extend its footprint across the West African region. Governor Sanwo-Olu re-echoed his administration’s dedication to dismantling bureaucratic hurdles, ensuring a conducive business environment, and fostering collaboration with the private sector.

In his address, Governor Sanwo-Olu articulated the broader positive impact of such ventures, stating, “More projects like this mean more smiles in Lagos. Each new investor setting up here means a rise in sustainable employment levels. It’s a win-win—we grow together, our people thrive together.”

As Lagos welcomes Godrej Nigeria’s state-of-the-art manufacturing hub, it solidifies the city’s position as a hub for industrial growth and the true “center of excellence “ as it is named.

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