A governorship aspirant of the All Progressives Congress (APC) in Lagos State, Lanre Jim-Kamal, has revealed plans to attract up to $50 billion in foreign investments into the state if elected governor in 2027.
Speaking during a press conference on Monday, Jim-Kamal said the proposed investment would focus on key sectors including healthcare, agriculture, infrastructure and human capital development as part of his economic transformation agenda for Lagos.
According to him, the initiative is designed to improve public services, strengthen social welfare and drive sustainable urban development across the state.
The APC aspirant also promised to introduce a monthly lifetime allowance of N150,000 for senior citizens aged 60 and above, while extending welfare support to nursing mothers.
He further outlined plans to provide housing support for unemployed youths, alongside free education at all levels and free healthcare services for residents.
Jim-Kamal said his administration would prioritise mechanised farming, mass housing projects, road rehabilitation and an improved transportation network aimed at reducing traffic congestion across Lagos.
On national politics, he described President Bola Tinubu as “the number one democrat in Nigeria,” insisting that the President does not impose candidates on the political structure, including in Lagos State.
Commenting on the growing contest among APC governorship aspirants, he noted that competition within the party had become more intense amid concerns over possible consensus arrangements, which he said had created anxiety among stakeholders.
The governorship hopeful also pledged to improve waste management, empower women and youths, and implement urban renewal programmes to reduce congestion in commercial areas across the state.
Speaking on revenue generation, Jim-Kamal said his administration would focus on maximising the economic potential of Lagos’ territorial waters and maritime sector through collaboration with the Federal Government.
He described maritime development as a major pillar of his economic blueprint, stressing that waterways and marine operations could become significant sources of revenue for the state.
“We want to control our territorial waters, which is how we plan to generate revenue. That is the major way we want to generate income,” he stated.
