Abiodun Woos Foreign Investors to Consider Ogun State
Abiodun Woos Foreign Investors to Consider Ogun State

Abiodun Woos Foreign Investors to Consider Ogun State

Abiodun Woos Foreign Investors to Consider Ogun State

Governor Dapo Abiodun has wooed foreign investors seeking to invest in Nigeria, to consider Ogun State as their destination of choice.

He urged them to consider especially, the special Agro-Processing Zone in the Remo axis of Ogun State.

The Governor made the call, as a guest of Consumer News and Business Channel (CNBC) Africa, on the sideline of Intra-African Trade Fair organized by Afreximbank in Cairo, Egypt.

He told investors that Ogun State has the required infrastructure, including one of Nigeria’s best airports, access to gas for power, roads, and youthful educated population.

Abiodun also says that Ogun State is Nigeria’s Education Capital, and industrial hub, with over 5,000 factories, and number one in the non-oil revenue generation, as well as having largest mineral deposits, especially limestone.

That explains why we have Lafarge, Dangote, and many other cement factories. The biggest cement factory in Nigeria is in Ogun State.

Read Also:

Abiodun Rules out Claim by Benin Republic to the Tongeji Island

Now, why are we here (Cairo)? We are here to attract more investors to our state, particularly as we pride ourselves on having the required infrastructure, be it road, rail, or air. We have a new airport, unarguably one of the best airports in Nigeria.

Our airport is situated in our Special Economic Processing Zone. The zone is being supported by Afreximbank, and operated and constructed by a private sector player called Arise LLP.

Today, we want the people to know about the zone, to come and establish processing concerns and factories in that zone, referencing the 5,000 other industrial activities that exist in Ogun State.

The governor listed some of the companies in the state including Lafarge, Nestle, Cadbury, May&Baker, Unilever, Olam flours, among others.

He noted that companies coming to invest in the state would take advantage of its vast agro produce like rubber, cassava, which the state is the number one producer in the world, palm oil, cashew, cocoa, cotton, eggs and poultry.

Abiodun said: We are trying to attract investors to this processing zone, more so because we have gas, which allows them to access power.

So, you are sure that your major cost of production, which could be power in most instances, is already mitigated.

And I believe that we’ve managed to convince a lot of our listeners that Ogun State, the industrial capital of Nigeria, and the education capital of Nigeria with reserve of youthful population is ready to receive you, and as a government, we’ve provided a lot of reforms and policy initiatives to further increase our rating on the ease of doing business index.

Leave a Reply