Governor Babajide Sanwo-Olu of Lagos State has urged for more investment to address the persistent flooding in the state’s coastal regions. He made this appeal during the Real Estate Discussions and Awards (REDA) 2024, organized by Thinkmint Nigeria. Themed “Navigating Change in Real Estate for a New Era,” the event focused on how technological advancements, market shifts, and rapid urbanization are transforming the real estate industry.
Sanwo-Olu highlighted that Lagos is undergoing significant changes driven by technology, market dynamics, and a growing focus on sustainability. He emphasized that these shifts present both challenges and opportunities for the built environment. “The REDA forum provides valuable insights on how we can collectively move forward,” he said.
The governor also underscored the importance of environmental sustainability in real estate development. He pointed to green building practices and flood defence investments, particularly in coastal areas like Eko Atlantic City, as critical to Lagos’ long-term strategy for addressing climate risks and environmental challenges.
