Korede Abdullah 
LAGOS, Nigeria – The Lagos State Government has announced a $9 billion green investment programme aimed at advancing climate adaptation, coastal resilience, clean energy, and sustainable infrastructure ahead of the 2026 fiscal year.
The initiative is supported through four new Memoranda of Understanding (MoUs) signed with private sector partners, focusing on waste-to-wealth systems, circular economy development, marine economy innovation and climate-smart infrastructure.
Chief Resilience Officer of the Lagos State Resilience Office (LASRO), Dr. Dania Folayinka, on Friday disclosed the plan at the 11th Lagos International Climate Change Summit, themed “The Blue Economy, Green Money: Financing Africa’s Coastal Resilience and Ocean Innovation.”
“The financing model will leverage public-private partnerships to mobilise resources and deliver high-impact sustainable projects,” Folayinka said.
Governor Babajide Sanwo-Olu, who inaugurated the summit, emphasised Lagos’ role in leading climate-forward governance in Africa.
“Lagos does not wait for the future, Lagos builds it,” he declared. “That future must be sustainable, inclusive and ocean powered.”
The plan prioritises infrastructure renewal, clean transportation expansion, renewable energy growth, coastal flood defence systems, and integrated waste management frameworks.
Policy experts view the initiative as a strategic shift aligning Lagos with global low-carbon development pathways and strengthening readiness ahead of COP30 in Brazil.
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Edino Chubiyo Cornelius 
Koko Maxwella 
Otamere Gladness 
Oluwatobi Adu