Governor Abiodun Urges Foreign Investment in Ogun’s Livestock, Timber, and Auto Sectors
Ogun State Governor, Prince Dapo Abiodun, has highlighted the investment potential in the state, emphasizing the need for foreign investors to explore opportunities.
He made this statement during a meeting with the President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, at the ongoing Africa Investment Forum (AIF) Market Days in Rabat, Morocco, on Friday.
The governor outlined several key projects that could attract investment, including livestock value addition, timber processing, renewable energy, and power sector investments.
He also mentioned plans for establishing an automotive assembly plant in the state, as well as extending the Lagos red and blue rail lines, covering areas such as Agbado to Kajola and Okokomaiko to Agbara/Lusada.
Prince Abiodun commended Dr. Adesina’s efforts in connecting sub-national governments across Africa to investment opportunities. He acknowledged the critical role the AfDB president plays in facilitating partnerships and providing financial support for large-scale projects.
In his remarks, the governor emphasized Ogun State’s commitment to sustainable development through strategic collaborations and innovative financing solutions. He expressed confidence that these efforts would significantly contribute to the state’s economic growth and overall development.
