Recently, the Lagos Economic Development Update (LEDU) 2025 was released to the public, which shows that for ten consecutive quarters, the state has demonstrated consistent and commendable budgetary performance which impacts its growth and attracts investments to the city.
The Lagos Economic Development Update is a comprehensive report offering a data-driven assessment of the state’s economic performance and strategic policy directions for sustainable growth.
Specifically, economy size for Lagos is projected to approach N51 trillion by 2025, with inflation expected to moderate gradually. Sustained policy reforms, private sector engagement, and strategic investments will be crucial in achieving these goals.