Lagos city is Nigeria’s largest city and the most populous city in Africa with a population of over 21 million. The city is known for its liveliness caused by the hustle and struggle of busy residents giving it a commercial vibrancy as well as making it the land of entrepreneurship in Nigeria. Termed as ‘the 7th fastest growing city in the world’ by Heinrich-Boll Stiftung, Lagos’ economy is diversified in manufacturing, transport, construction, service, wholesale, and retail sectors. The city is home to Africa’s largest and busiest ports and it also accounts for over for over 60 percent of the industrial and commercial ventures of Nigeria. The Economist states that annually Lagos State, home to Lagos City, generates $90 billion dollars in goods and services. The city is a major financial hub and has the highest GDP in the continent. If it were a country, Lagos State economy would be 7th in Africa, making it bigger than Kenya and Ghana.
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