The 2023 Labour Party governorship candidate in Lagos State criticized the state government’s management of economic growth, stating that despite the reported achievements, the quality of life for ordinary residents has not significantly improved.
This critique was in response to Governor Babajide Sanwo-Olu’s announcement that Lagos has reached a Gross Domestic Product of $259 billion through Purchasing Power Parity, positioning it as Africa’s second-largest city economy.
Sanwo-Olu commended this milestone, highlighting the city’s economic strength, the resilience of its people, and its role as a hub for investment and trade.
However, the Labour Party candidate pointed out that the economic advancements have not translated into better conditions for the average Lagosian, who continues to face challenges such as high living costs and inadequate infrastructure.
He raised concerns about issues like housing shortages, expensive rents, and poor road conditions, indicating that these factors demonstrate the disconnect between economic growth and the daily struggles of residents.
The candidate also criticized the concentration of economic wealth among a select few, contrasting it with the stagnant wages and increasing living expenses experienced by the majority of Lagosians.
He stressed the importance of leadership that focuses on inclusive growth, emphasizing that true progress should be measured by tangible enhancements in the residents’ quality of life, rather than just economic figures.
While the governor remained optimistic about Lagos’ economic future, the Labour Party candidate underscored the necessity for accessible housing, reliable infrastructure, and essential public services to reflect genuine progress in the lives of ordinary Lagosians.