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Lagos State GDP hits $131 Billion.

Valentine Chinyem

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The Governor of Lagos State, Akinwumi Ambode revealed during an interactive session at Lagos House in Marina on August 2, 2015 that Lagos State’s Gross Domestic Product (GDP) is now $131 billion, making the State Africa’s fifth largest economy.

The interactive session which was held with a US delegation centered on averting Boko Haram, trade relations and deepening of democracy and during the session, Ambode said, “The parliamentary structure that we have is synonymous with what is obtainable in the US. The All Progressives Congress is the first party to unseat an incumbent government. I also want to let you know that you are in the commercial capital of Nigeria, Lagos. The population is nearing 21 million of which 4 million are the middle class. We are the fifth largest economy in Africa and our GDP has hit $131 billion.”

He revealed further at the session that he wants to affect many lives positively in the next four years and he hopes to leverage on his US experience in improving the lives of Lagosians.