Lagos State Governor, Babajide Sanwo-Olu, has called for sustained private and philanthropic financing to address the critical issue of inadequate water infrastructure in the state.

Speaking at a side event during a United Nations climate change conference in Dubai on Friday, the governor highlighted the stark reality that, with a population of over 22 million, Lagos only receives 210 million gallons of its required 700 million daily potable water.

ALSO READ: Appeal court upholds Sanwo-Olu’s election as governor of Lagos

Despite resource constraints, Governor Sanwo-Olu emphasized the urgency of finding solutions, acknowledging that the existing gap significantly impacts underserved communities, posing high risks to public health.

He stated that Lagos needs less than 1% of the global $1.7 trillion clean water investment gap to bridge its water deficit.

Addressing the conference with the theme “Valuing Water: A Lifeline in Climate Transition,” organized by the Business and Philanthropy Climate Forum and Sustainable Market Initiative, Governor Sanwo-Olu expressed his hope that the discussions would lead to sustainable solutions that cater to the water needs of millions of residents.

He urged committed partners to recognize the economic viability of their investments in addressing the water crisis.

Highlighting the impact of irregular electricity on water infrastructure, Sanwo-Olu called for equitable distribution of climate financing, especially to cities like Lagos with significant youth populations that can benefit from impactful funding.

ALSO READ: KCCN empowers Lagos and Abuja students through Taekwondo training

He stressed the need for global accountability and equal access to resources, regardless of geographic origin.

The ongoing COP28 conference’s Valuing Water roundtable, organized by the Business and Philanthropy Climate Forum and Sustainable Market Initiative, brought together anti-poverty groups and corporations to advocate for increased investments in clean water projects worldwide.