Ibeju-Lekki Local Government has commenced the enumeration of businesses and Small and Medium Enterprises (SMEs) across the council area as part of efforts to strengthen economic planning and improve internally generated revenue.
Epe Insights reports that the exercise is being carried out under the administration of Hon. Abdullahi Sesan Olowa to create a reliable database of businesses operating within the local government.
The enumeration exercise is also aimed at identifying registered and unregistered businesses across communities in Ibeju-Lekki.
According to the council, the initiative will support effective planning, improve service delivery, and promote sustainable economic development within the area.
Officials disclosed that the exercise would help the local government understand the nature, size, and distribution of businesses operating across the council.
The administration noted that accurate business data remains important for policy formulation and the implementation of economic development programmes.
The council further explained that the exercise would enhance revenue generation while ensuring businesses are properly integrated into government support initiatives.
Authorities encouraged business owners, traders, artisans, and entrepreneurs to cooperate fully with enumerators during the registration process.
The local government assured residents that the exercise is designed to benefit businesses through improved access to economic opportunities and government interventions.
According to the council, registered businesses will have better opportunities to access loans, grants, empowerment schemes, and other government-backed programmes.
Officials stated that the database would also assist in connecting local entrepreneurs with empowerment initiatives introduced by both the state and federal governments.
The administration of Hon. Olowa emphasized that supporting SMEs remains critical to grassroots economic growth and job creation.
Stakeholders within the business community have welcomed the initiative, describing it as a positive step toward improving economic coordination within Ibeju-Lekki.
Some entrepreneurs noted that proper business documentation could help strengthen investor confidence and encourage formal participation in the local economy.
Observers also believe the exercise could improve communication between the government and business owners regarding policies and development programmes.
The council reiterated its commitment to creating an enabling environment where businesses can grow and contribute meaningfully to local economic development.
Officials added that the enumeration exercise aligns with the broader developmental vision of promoting entrepreneurship and expanding economic opportunities within the fast-growing Ibeju-Lekki corridor.
Residents and business operators have been urged to provide accurate information during the exercise to ensure the success of the initiative.
The local government maintained that the data generated from the exercise would support future developmental projects and improve decision-making processes within the council area.
As enumeration continues across different communities, the administration expressed optimism that the initiative would strengthen business growth and economic sustainability in Ibeju-Lekki Local Government.
