Ogun now has N16trn economy, Abiodun says as Mac Group pledges $2.5bn Disneyland Investment

By James Ogunnaike, Abeokuta

Ogun State Governor, Prince Dapo Abiodun, has disclosed that the authorities system has accrued fourfold, jumping from N3.5 trillion to N16 trillion successful the past six years.

This was conscionable arsenic the authorities secured an concern pledge successful the scope of $1.8 cardinal to $2.5 billion.

Abiodun made the disclosure erstwhile helium met with Messrs Fayad Fayad, the Strategic Advisor, and Hassan Fayad, Public Relations and Communication Officer of Mac Group, who paid him courtesy telephone successful his bureau astatine Oke-Mosan, Abeokuta.

The politician besides revealed that the state’s foremost tourer center, Olumo Rock successful Abeokuta, generates astir N20 cardinal connected a play ground aft its renovation, compared to the aforesaid magnitude generated yearly earlier the turnaround of the tourer center.

According to the governor, Ogun State has, successful the past six years, grown successful leaps and bounds successful the areas of economical development, improved infrastructure, proviso of basal amenities, and reinvigorated tourer centers crossed the state.

He said: “We are 1 of the 2 best-performing states successful Nigeria. We are the fastest-growing system successful the country. Our economy, betwixt 2019 and 2025, has quadrupled from N3.5 trillion to N16 trillion.”

Governor Abiodun expressed astonishment astatine the fig of radical turning retired to sojourn Olumo Rock aft its renovation, noting that it was an denotation that if tourer sites were good maintained and functional, they could supply an alternate spot for relaxation and gross generation.

He lauded the enactment for choosing the authorities to put successful tourism, hotels, and recreation, adding that isolated from the conducive concern environment, it was blessed with a ample onshore mass, bully infrastructure, and the indispensable quality capital.

“I don’t person immoderate uncertainty astir the competitory vantage of this state. All the ingredients that you request for the patronage of a ample leisure installation are here, and I deliberation that you person not made immoderate mistake successful coming arsenic we supply the champion enactment for investments,” helium said.

Responding, the Strategic Adviser, Mac Group, Fayad Fayad, said his enactment was bringing an concern worthy betwixt $1.8 cardinal and $2.5 cardinal that would absorption connected hospitality and entertainment.

“We are precise blessed to beryllium present contiguous successful Ogun State; we are precise arrogant to initiate this project. This is decidedly the archetypal project, and it is betwixt the scope of $1.8 cardinal to $2.5 billion. Very soon, you volition perceive precise bully news. There is an inaugural that we presented to the governor, which is astir having a Disneyland edifice wrong Ogun State; it volition beryllium the archetypal successful Africa.

“It is simply a immense task for amusement and tourism. There volition beryllium parks, entertainment, hotels, and h2o parks. We person a batch of projects to bash together; we tin spot the vision, we tin spot the leadership, and we tin spot the maturation of the economy. Hopefully, we volition enactment broadside by broadside with Ogun State, and the entity is the limit,” helium submitted.

The station Ogun present has N16trn economy, Abiodun says arsenic Mac Group pledges $2.5bn Disneyland Investment appeared archetypal connected Vanguard News.