Issue: Lagos Govt faults BusinessDay’s story on investments

Technology News

Lagos State Government has faulted an investigative story recently published by BusinessDay Newspaper, headlined: Investors Dump Lagos as Ogun Becomes Industrial Hub.”

The story was published by the paper on August 10, 2020.

Reacting, Tayo Ogunbiyi, Deputy Director, Public Affairs, Ministry of Information & Strategy, Ikeja, said: “The above story, purportedly based on a study done in the last five years, made certain allusions that need prompt clarifications.

It was alleged in the report, though with no empirical rationalisation, that local governments tout terrorise corporate organisations to collect multiple taxes and levies in Lagos State.

Since the above allegation is rather weighty, one would have anticipated the writers to come up with factual cases of such harassment, stating where, when, and how it happened. Until such issues are properly addressed, the claim would remain nothing but a spurious and baseless assumption.

Not only that, but it is also equally pejorative because it gives potential investors the false impression that the state is a lawless jungle where touting reigns supreme. Is this really the true picture of Lagos? No! Lagos is run on law and order. Any study giving the impression that Lagos is a place where corporate organisations are attacked at will is at best spurious and at most dubious.”

Read full reaction in ThisDay: re-investors-dump-lagos-as-ogun-becomes-industrial-hub


Leave a Reply