The Lagos State Government sealed the deal with the City of Dubai for the Historic Lagos Smart City Project. According to the Lagos State Commissioner for Information and Strategy, Mr Steve Ayorinde, The deal is expected to bring multi-billion dollar investments to Lagos, create thousands of jobs and transform the State.
The Memorandum of Understanding (MOU) for the Lagos Smart City was signed at the Emirate Towers, Dubai, by the Lagos State Attorney General and Commissioner for Justice, Mr. Adeniji Kazeem, and the Chief Executive Officer of Smart City Dubai LLC, Mr. Jabber Bin Hafez. The Chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor, Mr. Akinwunmi Ambode were present when the deal was struck.
A Smart City is an Urban Development vision to integrate multiple Information and Communication Technology (ICT) solutions in a secure fashion to manage a City’s Assets; the City’s Assets include, but are not limited to, local departments information systems, schools, libraries, transport systems, hospitals, power plants, water supply networks, waste management, law enforcement and other community Services. The goal of building a Smart City is to improve quality of life by using technology to improve the efficiency of services and meet residents’ needs
The Governor of Lagos State, Akinwunmi Ambode further stated that the agreement would help to establish “a strong convergence among technology, economic development and governance” and that the partnership would also help to develop knowledge-based communities to drive a sustainable economy.