Lagos sets sight on 2027 economic outlook, holds 4th economic roundtable

The Lagos State Government is convening its 4th Economic Roundtable this Wednesday, November 4, 2026, to assess the state’s economic outlook for 2027 and identify strategic policy priorities to sustain growth, strengthen economic resilience and drive inclusive development.

The roundtable, organised is expected to bring together policymakers, economic experts, development partners, private sector players and other stakeholders to examine emerging economic trends, investment opportunities and potential risks that could shape Lagos State’s economic performance in the coming year.

With the theme, ‘Development Pathways, Emerging Risks and Strategic Policy Priorities,’ the engagement will focus on key issues critical to the State’s economic future, including fiscal sustainability, infrastructure financing and development, investment mobilisation, job creation, economic diversification, food security, climate resilience and evidence-based governance.

Ope George, the state Commissioner for Economic Planning and Budget, said the initiative underscores the government’s commitment to proactive economic planning and informed policy decisions that promote sustainable and inclusive growth.

He noted that the economic realities and uncertainties ahead of 2027 make it imperative for the government to adopt deliberate strategies that will consolidate existing gains, address emerging challenges and unlock new opportunities for development.

‘The economic outlook for 2027 requires deliberate policy choices that will strengthen our resilience, sustain economic growth and position Lagos for greater competitiveness.

‘Our focus must remain on fiscal sustainability, infrastructure, innovation, employment generation and inclusive growth, while ensuring that our policies are aligned with the long-term vision of the Lagos State Development Plan 2052,’ George said.

Akinkunmi Alao, the director of Economic Intelligence Department at the Ministry of Economic Budget and Planning, the organisers of the roundtable, in a statement, the event is designed to provide a strategic platform for reviewing key economic indicators, evaluating emerging trends and developing policy responses capable of strengthening Lagos State’s competitiveness and capacity to withstand economic shocks.

It is also expected to provide an opportunity for stakeholders to exchange perspectives, identify practical development pathways and generate actionable recommendations to guide the State’s budgetary and economic policy decisions for 2027 and beyond.

The outcome of the engagement is expected to contribute to shaping Lagos State’s development priorities, particularly in addressing infrastructure gaps, attracting private capital, expanding employment opportunities and ensuring that economic growth translates into improved living standards for residents.

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