GE and the Lagos State Government have agreed to pool their resources for the development of critical infrastructure in the state in power, healthcare and skills development
This was announced during the signing of a support and cooperation agreement by both parties during the France-Nigeria Business Forum held yesterday in Lagos.
The agreement aims to record areas of mutual interest and participation between both parties, streamline the relationship and set out the terms and conditions of collaboration. Focus areas for this collaboration cut across several sectors including power, healthcare, technology, education and financing.
In power, the collaboration is focused on working with the state government to provide the generation capacity needed by Lagos State to power industries and households, ensuring the power generated gets to the consumers where it is needed. Using gas turbine and grid solution technologies produced in GE Power’s manufacturing sites in France, GE is well positioned to deliver world-class power solutions to Lagos state.
Under the healthcare sector, GE will focus on working with the state government to upgrade primary, secondary and tertiary healthcare centres across the state whilst developing an efficient financing solution that will help primary healthcare SMEs get much-needed access to funding.
GE also seeks to collaborate with the Lagos State Ministry of Wealth Creation & Employment on its Yaba technology hub project by setting up the Lagos Garage advanced manufacturing training programme at the hub once completed. Both parties are also exploring areas of possible collaboration with the Lagos State Employment Trust Fund to offer access to financing opportunities to top graduates of the training programme.
GE has been operating in Nigeria for more than 40 years, with about 900 employees, 90 per cent of whom are Nigerians. The company has businesses spanning across key sectors including oil and gas, power, healthcare and rail transportation.
