The economy of Ogun State has grown from “N3.5 trillion to N16 trillion over the last six years”, Governor Dapo Abiodun said.
The Governor disclosed, the growth of the Southwestern State’s economy is as a result of his administration’s “deliberate efforts in infrastructure and revitalization of tourism”.
Abiodun made the statement as he received MAG Group in the State’s Capital, Abeokuta; the Group pledged to invest “between $1.8 billion and $2.5 billion in hospitality and entertainment”.
He revealed, the Group’s plan is to establish “Africa’s first Disneyland-style resort” in Ogun State.
The Governor said, his administration will continue to stay committed to making Ogun State the “true gateway to prosperity”.
On X, Governor Abiodun posted: “Over the last six years, we have grown Ogun State’s economy from N3.5 trillion to N16 trillion, making us one of the fastest-growing economies in Nigeria.
“This growth reflects our deliberate efforts in infrastructure, basic amenities, and the revitalization of tourism, with Olumo Rock now generating about N20 million weekly after its renovation.
“We recently received MAG Group in Abeokuta, where they pledged an investment of between $1.8 billion and $2.5 billion in hospitality and entertainment. Their plans include the establishment of Africa’s first Disneyland-style resort in Ogun State, alongside hotels, water parks, and other leisure facilities.
“This pledge confirms the strength of our competitive advantage as a state with vast land, a conducive business environment, and the right human capital. We remain committed to sustaining Ogun State as the investment destination of choice and the true gateway to prosperity.”
