The Commissioner for Economic Planning and Budget Lagos State Sam Egube, has stated that the investment inflow into Lagos State’s technology space has hit over $1.5 billion in five months.

According to him, this is the first time the State is ahead of other States in technology investments. Egube stated this on the sidelines of the Year 2023 budget consultative forum for Ikorodu division.

He added, “One of the things that attract technology companies is the idea that there is a lot of distribution. For the first time, Lagos State is ahead of other states has driven significantly, the broadband expansion. We now have about 3000 km of broadband fibre infrastructure which can now connect to towers and connect to homes.”

Source: The Skuup