Lagos State Governor, Babajide Sanwo-Olu, has restated the commitment of his administration to design more policies to enable industries to flourish and transact business with ease.

He made the pledge at the commissioning of the newly-constructed insulated panel factory by Lange and Grant Commodities Limited in partnership with United Nations Development Programme (UNDP).

The governor, who was represented by the Commissioner for Commerce, Corporate, Trade and Investment, Folashade Ambrose-Medebem, said the production of insulated panels holds the promise of revolutionising the construction industry, as well as providing solutions that are not only energy-efficient but also environmentally-friendly.

“In a rapidly evolving global landscape, where the need for sustainable practices is more pressing than ever, initiative like this stands as a beacon of hope. Lange and Grant Commodities Limited, through this factory, are contributing to a future where businesses can thrive while minimising their ecological footprint.

“Your commitment to pushing boundaries, embracing innovation, and fostering a culture of sustainability is commendable. This investment in Lagos State is a testament to your belief in our potential and shared desire to create a greener and more prosperous future for all,” Sanwo-Olu said.

He, therefore, charged all stakeholders in all aspects to embrace sustainable building practices and make Lagos State a pioneer in the green building industry, setting the pace for others to follow.

Chief Executive Officer (CEO), Lange & Grant, Tunde Okoya, said that the panel line is environmentally-friendly as it is important for the country, especially the youths.

Minister of Environment, Balarabe Abbas Lawal, said the commencement of operation of the line would showcase Nigeria’s capacity to produce ozone and climate-friendly rigid polyurethane foam for the local market as well as for export to the entire African Continent, adding that it will lead to creation of additional jobs and foreign exchange for the country.

He further said that the current administration would put in place necessary policies and enabling legislation to support the activities of Slavit and other relevant firms to sustain the phase out of HCFC-14b and other DDS.