Two years after entering the Nigerian market via a partnership with Grace Lake Partners (GLP), globally renowned multinational JCDecaux S.A. (Euronext Paris: DEC), the number one outdoor advertising company worldwide, has reiterated its commitment to the country by announcing an expansion of its innovative Lagos Traffic System (LATIS) with the addition of three new strategic routes across Lagos State in October, 2020. The announcement of the company’s new investments, which comes as other companies scale down on operations and investments due to the COVID-19 pandemic, is further proof of the Lagos Government’s commitment to ensuring the state’s viability as the number one destination for Foreign Direct Investment in sub-Saharan Africa, and will further increase the over 200 jobs created by JCDecaux Grace Lake in the state.
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