We Are Working to Transform Ejigbo’s Economy — Bello

Chairman of Ejigbo Local Government Council Development Area, LCDA, Mr. Monsuru Bello, has said the LCDA is working towards economic transformation of the area. He said this at the council’s first Ejigbo Business Summit tagged Corporate Governance: Road Map to Shared Prosperity in Ejigbo LCDA.

According to Bello, “this event is expected to focus primarily on corporate governance with emphasis on creating an environment conducive for business owners and develop-ment of small, medium and large business ventures as key drivers of economic growth and wealth creation.

“It will transform the lives of the people of our community and also reinforce a cordial and mutually-beneficial relationship between our government and the organised private sector, which will move Ejigbo closer to the vision of becoming Lagos economic and financial hub.”

To achieve this, according to Professor of Political Economy and Management, Pat Utomi, stressed that the local government was the most important level of government, because it is closer to the people. He urged corporate organisations to focus on future profits and partner with the local government.

“The oil of local government is the output of businesses, because when business is performing tops, it pays more taxes and the more taxes it pays will help the local government to provide more services to facilitate better performing businesses,” Utomi added.