By: Dayo Fasasi
Lagos State Government has signed a “Smart City” Memorandum of Understanding (MoU) with the United Arab Emirates Capital Dubai.
A “Smart City” is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters to empower business growth for companies and knowledge workers all over the world.
The Lagos State Governor, Mr. Akinwunmi Ambode, stated that the “Smart City” project would create thousands of jobs and transform the entire Lagos State.
Lagos State Attorney General and Commissioner of Justice, Mr. Adeniji Kazeem and the Chief Executive Officer of Smart City Dubai LLC, Mr. Jabber Bin Hafez signed the MoU on behalf of respective Cities at the Emirate Towers, Dubai early this week.
The signing of the MoU, was witnessed by the Chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor.
Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde, on Tuesday, said that the “Smart City” project is expected to bring multibillion dollar investments into the State.