Lagos State unveils LEDU 2026, targeting 50,000 residents for digital skills training to build a knowledge-based, globally competitive economy
The Lagos State Government has reaffirmed its commitment to building a globally competitive, knowledge-based economy through sustained investment in human capital development.
Speaking at the launch of the Lagos Economic Development Update LEDU 2026 held at Lagos Marriott Hotel, Ikeja, Deputy Governor Obafemi Hamzat said the state is prioritising large-scale digital and technical skills training.
Hamzat noted that Lagos is focused on preparing residents for global labour demand, especially in the technology sector.
“If global companies like Google require tens of thousands of digital engineers, security experts or coders, Lagos must be ready to supply that talent,” he said.
He disclosed that the state is collaborating with multiple agencies to train no fewer than 50,000 residents in coding, enterprise architecture, and other digital competencies.
The initiative, he said, is part of broader efforts to transition Lagos into a knowledge-driven economy beyond physical infrastructure development.
“The essence for us is we must build a knowledge-based economy, not just physically, but even emotionally,” Hamzat added.
The LEDU 2026 report, themed “Lagos Economic Outlook 2026: Consolidating Resilience, Advancing Competitiveness, Delivering Shared Prosperity,” provides a framework for economic stability and inclusive growth.
In his keynote address, Chief Executive Officer of the Nigerian Economic Summit Group Nigerian Economic Summit Group, Dr. Tayo Aduloju, stressed the need for shared prosperity that benefits the bottom 40 percent of the population.
He called for disciplined policy execution, stronger social safety nets, and sustained investment in human capital development.
Aduloju praised Lagos for its resilience and steady economic growth, describing it as one of Africa’s leading subnational economies.
He added that Lagos continues to attract investors, tourists, and migrants, reinforcing its status as a fast-growing global-style economic hub.
He, however, warned that growth must translate into improved living standards for all residents through productivity and skills development.
