Skip to content
Ova News NG

Ova News NG

Ova News NG feed V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • Home
  • NEWS
  • $259bn GDP: Rhodes-Vivour Slams Lagos Govt Over Poverty, Poor Infrastructure
  • NEWS

$259bn GDP: Rhodes-Vivour Slams Lagos Govt Over Poverty, Poor Infrastructure

ovanews 6 months ago 3 min read
Share:

Despite Lagos boasting a Gross Domestic Product (GDP) of $259bn, the daily realities of many residents tell a different story, former Labour Party gubernatorial candidate Gbadebo Rhodes-Vivour has said.

During the official launch of the Lagos Economic Development Update (LEDU) 2025 on Wednesday in Nigeria’s commercial hub, it was announced that Lagos State’s GDP had reached $259bn based on purchasing power parity (PPP).

This milestone positions Lagos as the second-largest city economy in Africa, behind only Cairo, the Egyptian capital.

Governor Babajide Sanwo-Olu described the achievement as more than just a number, stating that it reflects the strength of the state’s economy, the resilience of its people, and Lagos’s role as a hub for investment, trade, and opportunity.

However, reacting on Thursday, Rhodes-Vivour criticised the state government for failing to translate economic growth into improved living conditions for Lagosians.

He pointed to crumbling infrastructure, skyrocketing rents, and inadequate public services as evidence that many residents are not benefiting from the city’s economic success.

“Our roads remain plagued by potholes and streetlights in most communities remain non-functional, contributing to security concerns. Public transportation remains insufficient for a city of our size and our waste management systems require new thinking,” he said on X (formerly Twitter), emphasising how poor infrastructure affects millions of Lagosians.

Rhodes-Vivour also pointed out that the housing crisis continues to push working-class Lagosians to the brink, with exorbitant rents consuming a large portion of their income.

“Although a GDP of $259 billion is worth the applause, it is a clear demonstration of the tenacity, resilience, and enterprise of Lagosians, despite the glaring incompetence of the government. We must confront the uncomfortable truth that these impressive figures (GDP, PPP OR IGR) have not translated into improved living conditions for working-class Lagosians.

“For starters, working-class Lagosians continue to face a severe housing shortage with skyrocketing rents consuming a disproportionate percentage of their income.

“Many families remain crammed into inadequate living spaces and many others are at the mercy of greedy landlords, mostly because housing supply has been abysmal,” he noted

Despite the economic growth, Rhodes-Vivour believes the wealth remains concentrated in the hands of a privileged few, while the majority of Lagosians struggle.

“The wealth generated by our economic growth appears concentrated among a small elite, while the vast majority of Lagosians struggle with stagnant wages against rising costs of living. As I have always argued, true economic progress must be measured not just by GDP or IGR figures but by tangible improvements in the quality of our lives.

“Therefore, until ordinary Lagosians can access decent housing, reliable infrastructure, and essential public services, our economic achievements will remain hollow statistics that fail to reflect our lived experiences.

“Lagos deserves a leader that prioritises inclusive growth. One that ensures that our economic success leaves no one behind,” he asserted.

$259bn GDP: Rhodes-Vivour Slams Lagos Govt Over Poverty, Poor Infrastructure is first published on The Whistler Newspaper

Facebook Comments Box
Share:

Related:

  • El-Rufai governed Kaduna with ignorance – Ex-guber candidate, Asake
    El-Rufai governed Kaduna with…
    NEWS
  • ADC Punctures Tinubu’s Claims On Revenue Success… Flays 5% Petrol Tax, 300% Passport Fee Hike
    ADC Punctures Tinubu’s Claims…
    NEWS
  • Equities Market Records ₦85.40bn Turnover, NGX Lists Additional 270,382 Units Of NIDF
    Equities Market Records…
    NEWS
  • Furore over rising cases of stranded Nigerians in foreign lands
    Furore over rising cases of…
    NEWS
  • Guyana’s President Irfaan Ali declares victory in contentious election
    Guyana’s President Irfaan Ali…
    NEWS

Post navigation

Previous Tantalizers Secures $25m For Expansion, Ventures Into Fisheries, Entertainment
Next Abia Convenes Security Meeting, Vows To Hunt Down Killer Of Businessman

  • Recent
  • Afenifere calls for strict enforcement of night grazing ban in Southwest
    • NEWS

    Afenifere calls for strict enforcement of night grazing ban in Southwest

  • Gambian lawmaker calls on Nigerian senate to reinstate Natasha Akpoti
    • NEWS

    Gambian lawmaker calls on Nigerian senate to reinstate Natasha Akpoti

  • ‘Baseless social media speculations’ — Tunji-Ojo denies rift with Aiyedatiwa
    • NEWS

    ‘Baseless social media speculations’ — Tunji-Ojo denies rift with Aiyedatiwa

  • Akwa Ibom labour unions pull out of planned protest
    • NEWS

    Akwa Ibom labour unions pull out of planned protest

  • Geregu Power Projects N44bn Profit For 2025
    • NEWS

    Geregu Power Projects N44bn Profit For 2025

  • 28-year-old man remanded for stealing N11m worth of premium Tequila in Lagos
    • NEWS

    28-year-old man remanded for stealing N11m worth of premium Tequila in Lagos

  • Ordega Grateful To Alia For WAFCON Reception, Rewards
    • NEWS

    Ordega Grateful To Alia For WAFCON Reception, Rewards

  • Transfer: Ndidi gives reason for joining Besiktas
    • NEWS

    Transfer: Ndidi gives reason for joining Besiktas

  • SWAN urges immediate inauguration of NSC Board
    • NEWS

    SWAN urges immediate inauguration of NSC Board

  • They’re top footballers, best in their positions – Zubimendi hails two Arsenal players
    • SPORTS

    They’re top footballers, best in their positions – Zubimendi hails two Arsenal players

  • Afenifere calls for strict enforcement of night grazing ban in Southwest
    • NEWS

    Afenifere calls for strict enforcement of night grazing ban in Southwest

  • Gambian lawmaker calls on Nigerian senate to reinstate Natasha Akpoti
    • NEWS

    Gambian lawmaker calls on Nigerian senate to reinstate Natasha Akpoti

  • ‘Baseless social media speculations’ — Tunji-Ojo denies rift with Aiyedatiwa
    • NEWS

    ‘Baseless social media speculations’ — Tunji-Ojo denies rift with Aiyedatiwa

  • Akwa Ibom labour unions pull out of planned protest
    • NEWS

    Akwa Ibom labour unions pull out of planned protest

  • Geregu Power Projects N44bn Profit For 2025
    • NEWS

    Geregu Power Projects N44bn Profit For 2025

SECTIONS

  • ENTERTAINMENT
  • NEWS
  • POLITICS
  • SPORTS
  • Uncategorized
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • Terms of Use
  • Privacy Policy

Connect with Us

  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved.
pixel