APAPA HOLDS FIRST ECONOMIC SUMMIT
Hitherto Apapa is regarded as gold mine Local Government which has many opportunities and enriched potentials for both Nigerians and the outside world. But suddenly, the aforementioned Golden pastures have been eluding investors and promising entrepreneurs. This greatly affected the Internally Generated Revenue (IGR).
It is in consideration of the challenges faced by the Local Government that necessitated the brain storming which brought about *HARNESSING OPPORTUNITIES FOR ECONOMIC AND SUSTAINABLE TRAFFIC SOLUTIONS*
In order to find lasting solutions to this lingering challenges, the Local Government partnered with Apapa Development Initiative.
The Summit spans two consecutive days 21st – 22nd Nov, 2017 at Rock View Hotel.
Hon. Owolabi Elijah Adele, Executive Chairman of Apapa Local Government said the Summit was a significant milestone because it will create platforms for brain storming and cross fertilize ideas with opportunities for self and community development. He stated that Apapa is regarded as the gateway to the Nation’s economy and presently in a state of despondency as a result of scourge of hellish traffic situation affecting every sphere of life in the Government.
He narrated the ordeals of the Local Government as most companies are relocating, residents selling their properties for peanuts, workers go through hectic times getting to and off work. The problem which is caused by bad roads, lack of capacity of ports to manage their cargo throughout.
With this synergy, according to him, all major players, experts and professionals will not only unravel the mysteries surrounding the traffic problem but also examine how economic life can return to Apapa and how thr people can optimize the potentials of having two large ports in Africa within their domain through concrete workable and implementable solutions.
Her Excellency, Mrs Bolanle Ambode, wife of the Governor of Lagos State gave keynote address on *WOMEN AND DEVELOPMENT* She noted that the topic was relevant to the summit because economic development of any society comes faster with the involvement of women. She stated that women dominated the informal sector of most economies. And that in addition to domestic responsibilities at home, women are involved in petty trading that would generate income.
The first Lady submitted that many Nigerian women are now heading the management teams of banks, Major manufacturing companies and other blue chip firms with branches beyond the shores of Nigeria and Africa. Also, many influential Nigerian women, politicians and appointees in positions of authority, daily contribute to major economic decisions at the highest level determining official policy directions.
Mr Mike Egbayelo, Executive Secretary/CEO Apapa Development Initiative said the summit was a thoughtful constellation of ideas across different sectors how to positively impact on the generation of revenue and overall development of Apapa Local Government. According to him, he is visualising Apapa as indispensable hub of economic Haven.
In recognition of her Her Excellency’s role as epitome of general philanthropist and founder of *”HOPE FOR WOMEN IN NIGERIA”*The Apapa Local Government Executive Chairman, Hon. Adele Elijah Owolabi together with Apapa-Iganmu’s Chairman Hon. Funmilayo Mohammed and
CEO ADI Presented award to her.
Majority Leader, Hon. Muyiwa received award on behalf of Lagos State House of Assembly, Rt Hon Mudashiru Obasa.
The following topics were deliberated upon for way forward: EFFECTIVE TRAFFIC MANAGEMENT MODEL FOR APAPA – CIS PERSPECTIVE,
EFFICIENT TRAFFIC MANAGEMENT AND TRUCK TRANSIT PARK-THE REGULATORS PERSPECTIVE,
AUTOMOTED TRAFFIC MANAGEMENT AND CALL-UP SYSTEM – THE INVESTORS, ENVIRONMENTAL HEALTH IMPLICATIONS OF TRAFFIC PROBLEM, REVENUE GENERATION AND SUSTAINABLE DEVELOPMENT IN APAPA, OPTIMISING OPPORTUNITIES IN MARINE INDUSTRY, THE NEW PORTS MASTER-OPPORTUNITIES FOR COMMUNITIES AND STAKE HOLDERS and many more.
There were many important personalities at the summit who equally delivered wonderful speeches.