In order to accelerate the state's economic development, the Lagos government has unveiled plans to stimulate agricultural businesses based on trade ; electronics.

On Monday, October 17, 2022, the State Commissioner for Commerce, Industry and Cooperatives, Dr Lola Akande, declared the Lagos government's plan to start strengthening capabilities for managing micro, small and medium-sized enterprises on agribusiness and e-commerce, in Alausa, Ikeja. She was represented at the event by the permanent secretary of the ministry, Adetutu Oluremi, who, for her part, noted that agriculture improved by technology will require farmers to have access to electricity. stable and to the Internet. This will allow farmers to circumvent intermediaries and sell directly to various customer groups that would otherwise have been out of reach. In his intervention, the chief consultant of Hoshea Consults, Dr. Joshua Odewale, clarifies the grey areas on the importance of e-commerce for rural communities.

According to him, “E-commerce improves the capacity development of rural communities, which translates into better market information for producers, reduced transaction costs, better market coordination, and more transparent rural markets. It will also increase food and nutrition security and boost food production.”