Ogun Is Top Investment Destination, Gov Abiodun Tells AfCFTA Panel

Ogun State Governor, Prince Dapo Abiodun, has told the planetary assemblage that Ogun State is actively breaking commercialized barriers done bold initiatives designed to pull concern and deepen trade.

Governor Dapo Abiodun stated this portion participating successful a high-level sheet league titled “Investment Showcase: Unveiling Opportunities from Select African & Caribbean Sub-Sovereigns” astatine the ongoing IATF25 successful Algiers, Algeria.

Reaffirming Ogun State’s presumption arsenic Nigeria’s starring concern destination, Governor Abiodun highlighted the pivotal relation of subnationals successful driving the occurrence of the African Continental Free Trade Area (AfCFTA).

He noted that contempt Africa’s tremendous potential, intra-continental commercialized inactive accounts for lone astir 15 per cent of full trade, chiefly owed to anemic infrastructure, cumbersome regulations, and fragmented worth chains.

He states Ogun State’s blueprint for economical translation includes multi-modal infrastructure development: the Gateway International Cargo Airport, Ijebu-Ode and Kajola Dry Ports, implicit 1,200 kilometres of upgraded roads, and expanded state reticulation networks.

The blueprint, helium said, besides includes economical improvement clusters and escaped commercialized zones, including the Remo Economic Development Cluster, anchored by the recently licensed Gateway International Airport; the Ijebu Economic Development Cluster with proximity to the Dangote Refinery and Agro-Allied Industries; the Agbara Industrial Cluster; the Ogun-Guangdong Free Trade Zone; and respective different hubs designed to enactment co-location, shared utilities, and value-chain optimisation.

In addition, Abiodun said Ogun State has simplified capitalist processes done the One-Stop Investment Centre (OgunInvest) and a GIS-enabled Land Bank covering 300,000 hectares of pre-verified land, enabling faster permits, titles, and approvals.

The politician besides listed Ogun State’s main attractions, including argumentation certainty, with frameworks nether the 2019 PPP Law, risk-sharing partnerships with AfDB and IFAD, and structured government-industry dialogue. Ogun State’s strategical location, with seamless entree to Lagos ports, ECOWAS markets, and the Benin Republic borderline for determination distribution, besides contributes to this.

He stated that with these interventions, Ogun State is positioning itself arsenic Nigeria’s foremost AfCFTA hub—where scale, speed, and certainty converge to unlock shared prosperity for Africa.