Lagos eyes N4trn investment push at “Invest in Lagos 3.0” summit.

The Lagos State Government has unveiled plans to attract over $4 trillion in local and foreign direct investment through the third edition of its flagship economic summit, Invest in Lagos 3.0, scheduled for June 8 and 9, 2026.

The summit, organized in partnership with the Commonwealth Enterprise and Investment Council (CWEIC), will be held at Eko Hotels and Suites, Victoria Island, and is expected to attract global investors, business leaders, politicians and development partners from all 56 Commonwealth nations.

Speaking during a press conference in Lagos on Tuesday, Commissioner for Trade, Cooperatives, Trade and Investment and Co-Chair of the Local Organizing Committee, Folashade Ambrose-Medebem, said the forum is designed to strengthen Lagos’ position as Africa’s leading destination for investment, innovation and business growth.

According to her, the summit, themed “Lagos: The Business Gateway to Africa – Where Innovation Meets Capital”, will focus on unlocking investment opportunities in infrastructure, industrialisation, technology, agriculture, energy transition, logistics, financial services, real estate and SME development.

He noted that Lagos remains strategically positioned as Africa’s commercial hub due to its expanding infrastructure, vibrant innovation ecosystem, industrial capacity and thriving consumer market.

“Lagos is at the center of Africa’s economic story. With a population of more than 23 million people and one of the largest urban economies on the continent, the state continues to offer unparalleled opportunities for trade, manufacturing, finance and technology,” he said.

Ambrose-Medebem added that the 2026 edition will build on the successes of previous summits, deepening global partnerships and translating investment discussions into actionable projects.

Also speaking, the Deputy Chief of Staff to the Lagos State Governor and Co-Chairman of the organizing committee, Sam Egube, disclosed that more than 29 global speakers and industry leaders had already confirmed participation.

He said the summit will feature discussions on critical sectors including technology, transportation, healthcare, energy, environment, infrastructure and the creative economy.

“This summit is designed to go beyond conversations and achieve measurable results and actionable investment channels,” Egube said.

The state government said the initiative is in line with the Lagos State Development Plan 2052 and the THEMES+ agenda of the Governor Babajide Sanwo-Olu administration aimed at accelerating socio-economic growth.

Between 500 and 600 high-level delegates are expected to attend the event, including sovereign wealth funds, development finance institutions, multinationals, structured finance experts, business networks and senior government officials.

Dignitaries confirmed for the summit include Governor Babajide Sanwo-Olu, Deputy Governor Obafemi Hamzat, Minister for Industry, Trade and Investment Jumoke Oduwole, CWEIC Chairman Lord Marland, Commonwealth Secretary-General Shirley Botchwey and several senior executives from Microsoft, First Bank, Sterling Bank, NSIA and Lagos Free Zone.

The government described the summit as a strategic platform to deepen private sector participation, expand value chains, strengthen fiscal sustainability and showcase Lagos as a globally competitive investment destination.

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