The Memorandum of Understanding for the Lagos Smart City was on Monday signed at the Emirate Towers by the 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.
The signing of the MOU, which will make Lagos the home of the very first Smart City in Africa, 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, Mr. Akinwunmi Ambode.
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”.
In a release signed on Tuesday by the Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde, the Smart City (Lagos) is expected to bring multi-billion dollars investments to Lagos, create several thousands of jobs and transform the Ibeju-Lekki axis in particular and the entire Lagos State in general.
“This is a deliberate attempt by us to establish a strong convergence between technology, economic development and governance, and ” says Governor Ambode.
“The MOU between Lagos State Government and Dubai Holdings, LLC, owners of Smart City (Dubai) to develop a sustainable, smart, globally connected knowledge-based communities that drive knowledge economy, ” he stated.