Hamzat seeks stronger private sector role in Lagos development
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Vanguard News
Reported by Nwafor
Wed, 4 Nov 2026, 23:08
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Source Attribution: Vanguard News
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By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to drive the state’s long-term development. Earlier, the Co-Managing Partner of Aztran, Victor Aluyi, called for deeper collaboration between the private sector and the Lagos State Government, urging investors to mobilise capital to bridge the state’s infrastructure financing gap.
Context & Background
✦Comparing Lagos State’s N4.4 trillion budget with New York City’s $109 billion budget, Hamzat said the next phase of development in Lagos required sustaining existing investments and expanding the resources available for infrastructure delivery.
Key Figures & Named Entities
2027:By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to drive the state’s long-term development.Wednesday:Hamzat made the call on Wednesday at an investment management engagement tagged, “The Exclusive Investment Parley with Dr Kadri Obafemi Hamzat”, organised by Aztran Company on Lagos Island.$109 billion:Comparing Lagos State’s N4.4 trillion budget with New York City’s $109 billion budget, Hamzat said the next phase of development in Lagos required sustaining existing investments and expanding the resources available for infrastructure delivery.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to drive the state’s long-term development.
✦Earlier, the Co-Managing Partner of Aztran, Victor Aluyi, called for deeper collaboration between the private sector and the Lagos State Government, urging investors to mobilise capital to bridge the state’s infrastructure financing gap.
✦Comparing Lagos State’s N4.4 trillion budget with New York City’s $109 billion budget, Hamzat said the next phase of development in Lagos required sustaining existing investments and expanding the resources available for infrastructure delivery.
Key Facts:2027: By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to drive the state’s long-term development.Wednesday: Hamzat made the call on Wednesday at an investment management engagement tagged, “The Exclusive Investment Parley with Dr Kadri Obafemi Hamzat”, organised by Aztran Company on Lagos Island.$109 billion: Comparing Lagos State’s N4.4 trillion budget with New York City’s $109 billion budget, Hamzat said the next phase of development in Lagos required sustaining existing investments and expanding the resources available for infrastructure delivery.$260 billion: He put Lagos’ estimated Gross Domestic Product at $260 billion, describing it as Africa’s second-largest city economy after Cairo.
Editorial Excerpt
By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to...
Frequently Asked Questions About This Story
What is the latest development regarding All Progressives Congress?
By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to drive the state’s long-term development.
Who are the key organizations or public figures mentioned?
Earlier, the Co-Managing Partner of Aztran, Victor Aluyi, called for deeper collaboration between the private sector and the Lagos State Government, urging investors to mobilise capital to bridge the state’s infrastructure financing gap.
What timeline or key figures were confirmed?
By Olasunkanmi Akoni LAGOS — Lagos State Deputy Governor and All Progressives Congress (APC) governorship candidate for the 2027 election, Dr Kadri Obafemi Hamzat, has called for stronger public-private sector collaboration, improved revenue generation and sustained infrastructure investment to drive the state’s long-term development.