Governor Babajide Sanwo-Olu of Lagos State has said that businesses must devise means to adapt to the current economic shocks in order to survive.
The governor stated this at the just concluded Lagos International Trade Fair.
Sanwo-Olu, who was represented by his Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, said, “
“Because of the local and global economic challenges, businesses must adapt to various economic variables for survival and prosperity, while building an internal mechanism to face economic challenges.
“At the crux of this is the unrelenting commitment to combine factors of production to create marketable value that can be converted to wealth. You know it is not that simple, but with determination, it is truly the surest way to navigate the current economic headwinds.”