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Lagos State Governor, Babajide Sanwo-Olu, has hailed the Oniru Business and Cultural Day as a model of how leadership can responsibly shape development, while commending the Oniru for his dedicated and purposeful stewardship.
Speaking at the inauguration of the Oniru Business Council and the celebration of Cultural Day at Oniru Palace, Iru, Victoria Island, Sanwo-Olu, represented by Deputy Governor Dr. Obafemi Hamzat, emphasised that his administration’s T.H.E.M.E.S+ agenda has focused on building the foundations of economic prosperity, particularly as national discussions on leadership and development intensify ahead of the next electoral cycle.
“In Lagos, we have deliberately embraced the principle of an inclusive economy. The transformation of the Oniru axis itself tells a powerful story. What was once largely residential and underdeveloped has become a prime destination for hospitality, real estate, commerce, and creative enterprise. This is the product of strategic planning, collaboration with the traditional institution, and investor confidence in Lagos,” he said.
Sanwo-Olu added, “The Oniru Business and Cultural Day provides a model of how leadership can shape development responsibly. The Kabiyesi has shown that when traditional institutions provide stability and clarity of vision, investors respond positively. Communities grow. Culture becomes an asset and prosperity is shared. Tradition and progress are complementary pillars upon which sustainable development is built.”
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Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Bada-Ambrose, noted that “The Oniru Business Network provides a platform for dialogue, alignment, and shared accountability.
Traditional institutions, government, and the private sector must work together; when these pillars align, progress becomes inevitable.”
His Royal Majesty, Oba Abdulwasiu Omogbolahan Lawal, OON, the Oniru of Iru Kingdom, described the event as a practical expression of a vision nurtured over years. “Growth must be coordinated, dialogue structured, and prosperity inclusive. The Oniru Business and Cultural Day creates a platform where culture, commerce, and community development reinforce one another,” he said.
The event underscored Lagos’ commitment to inclusive economic growth, strategic partnerships, and cultural preservation as drivers of sustainable development.
