Posted by layo on 13 Nov 2023 /
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Eyo masquerades were parading the streets of London on Saturday for probably the first time ever as part of an inaugural performance by Lagos state at the 800-year-old annual Lord Mayor Show in London.
The debut signals the state government’s ambitions to become a global financial hub and to attract foreign investment, particularly crucial as federal authorities grapple with revitalizing Nigeria’s economy, which faces challenges such as mounting debts, unprecedented inflation rates, and a sharp decline in the local currency.
Organizers of the Lord Mayor’s Show said Lagos was invited to participate in the London procession because of the state’s “growing economic prominence.”
