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70% of Lagos new businesses founded by youths — Sanwo-Olu

Tuesday, April 14, 2026

Lagos Governor Babajide Sanwo‑Olu says youths founded about 70% of the state’s new businesses, generating roughly ₦4.5 trillion in annual GDP. This highlights the vital role of young entrepreneurs in boosting Lagos’s economy and creating employment opportunities.

Lagos Governor Sanwo-Olu reveals that youths are behind 70% of Lagos new businesses, contributing ₦4.5 trillion to the state’s GDP annually. Read More: https://punchng.com/70-of-lagos-new-businesses-founded-by-youths-sanwo-olu/