The Lagos State Government has received the EMEA Finance Achievement Award for Best Green Bond in Africa, in recognition of its ₦14.815 billion debut Green Bond issuance.
The award was formally presented by the Permanent Secretary, Debt Management Office, Mrs. Alake Sanusi, to the Lagos State Commissioner for Finance, Mr. Abayomi Oluyomi.
The recognition underscores Lagos State’s leadership in sustainable financing and its commitment to mobilising resources for environmentally responsible projects that support long-term economic growth and climate resilience.
Lagos became the first sub-national government in Africa to issue a Green Bond, raising funds to finance projects in sectors such as renewable energy, sustainable infrastructure, education, healthcare and environmental sustainability.
The EMEA Finance Achievement Award highlights the success of the state's pioneering Green Bond programme and reinforces investor confidence in Lagos State's commitment to responsible fiscal management and sustainable development.
Receiving the award on behalf of the state government, Commissioner for Finance, Mr. Abayomi Oluyomi, reaffirmed Lagos State's dedication to innovative financing mechanisms that promote inclusive growth, environmental stewardship and sustainable urban development.