GE, the world’s leading digital industrial company, specialising in transforming several industry sectors with innovative and positive solutions, has signed a Support and Cooperation Agreement with the Lagos State Government.
The collaboration was confirmed at last week’s France-Nigeria Business Forum, which took place in Lagos, during the visit to Nigeria of France’s President, Emmanuel Macron.
It aims to find mutually beneficial areas in which both parties can pool resources together for the benefit of the State. The core will be on Healthcare, Power, Technology, Financing and Education.
Changes to be made in the Power Sector
Regarding the power sector, the parties will be working together to provide power generating projects. These projects will provide power to households; ensuring electricity and other power solutions get to residents where it is required most. GE has a number of technological solutions at its power generating plants in France that will be able to efficiently provide Lagos with its power requirements.
Changes to be made in the Healthcare Sector
Within healthcare services, the two will work together to upgrade healthcare centres across the State. They will also work together in finding the best financing solutions to assist healthcare professionals in getting access to funding needed to upgrade healthcare facilities. This will not only promote overall healthcare systems in Nigeria but also provide residents with much-needed healthcare options, especially in rural areas where it is not always possible to have access to premium health care.
Changes to be made to the Skills Development Sector
GE agreed to work with the Lagos State Ministry of Wealth Creation and Employment to promote its technologically advanced hub project called “Yaba”. Together, the parties will also be collaborating to launch a manufacturing training program called “Lagos Garage” at the hub. Top graduates of these programs will also have access to additional financing options to assist them in creating a better future for themselves and those around them. This will give residents of Nigeria and surrounding areas the opportunity to better their own life, financial standing, and education, by becoming part of the innovative programs set aside by both parties.
Operating in Nigeria for over 40 years, GE plays an active role in promoting better futures for all in Nigeria, with 90% of the companies 900 plus employees being Nigerians.
Speaking on the collaboration, Lazarus Angbazo, President and CEO, GE Nigeria said “We are grateful to today be signing an important MOU with the State Government across key sectors in alignment with the progressive agenda of the State. We look forward to executing on these projects and know that we can count on the true partnership and support of the Government as usual.”