At Idahosa's 135th anniversary and investiture event as the 43rd President of the LCCI on Saturday in Lagos, Sanwo-Olu provided the assurance.
Barr. Abimbola Salu-Hundeyin, Secretary to the State Government, represented the governor.
He pointed out that the chamber has become a leading voice for the business community by continuing to be strong and dedicated to the aspirational goals of its founders.
According to Sanwo-Olu, the state government's strong and fruitful partnership with the chamber would be maintained going forward.
"The goal of my administration's business-friendly policies is to ensure that Lagos continues to be the top location for companies looking to expand or relocate.
Thus, working together with the LCCI is crucial to doing that, and we're determined to build on our partnership even as I eagerly anticipate working with the new leadership.
"We would continue to provide a friendly environment to support existing businesses and attract more Foreign Direct Investment into the state, as we recognize that ease of doing business is essential and pivotal to the economic development of the state."
This is in keeping with the THEMES agenda, according to Sanwo-Olu, which calls for the state to be rapidly transformed into a megacity that satisfies the desires of all parties involved, especially the business sector.
The newly elected president of LCCI, Idahosa, stated in his acceptance address that the chamber would collaborate with Lagos State and other stakeholders to realize their shared goals in keeping with its heritage of advocacy and involvement.
Idahosa stated that the LCCI will aim to join a Lagos universal power access network of stakeholders in the careful implementation of the Lagos State electrification program in order to drive power supply.
Through the donation of land for the Lagos International Convention and Expo Center, he thanked the Lagos State Government for their cooperation.
"The LCCI pledges to continue promoting trade, business-to-business networking, opportunities, and related matters impacting the business environment, without diminishing our commitment to public policy advocacy."
"Therefore, I stand before you to accept the mantle of leadership of the LCCI and declare my readiness to render this service diligently with profound humility and a sense of responsibility," he stated.
Dr. Michael Olawale-Cole, the immediate past president of the LCCI, praised the chamber for leveraging strategic collaborations with the government and foreign organizations to maintain its leading position in the organized private sector.
Olawale-Cole declared that the chamber would carry on the traditions of its forerunner in order to uphold stability and advancement and to advance and safeguard the interests of the business community.
He said that the LCCI achieved great things under his leadership, welcomed innovation, and adjusted to international trends, all of which helped to establish the institute as a significant and forward-thinking organization.
"We give God the honor for the accomplishments of the chamber over the past 135 years, and as I hand the baton to the new President, I consider the incredible steps we have achieved together.
As a Chamber, we are still dedicated to changing and broadening the Nigerian economy because we think the private sector can produce income that the public sector can use to fund its operations.
"I thank the entire LCCI community for the collaborative spirit that characterized my tenure and I beg that even more be done for the incoming president to take the chamber to greater heights as I bid farewell to my role as president," he added.