December 06, (THEWILL) – Governor Dapo Abiodun of Ogun State has called on foreign investors to seize the numerous investment opportunities in the state, emphasising its readiness to host projects in critical sectors.
The governor made this appeal during a meeting with the President of the African Development Bank, Dr. Akinwumi Adesina, at the ongoing Africa Investment Forum Market Days in Rabat, Morocco.
Abiodun highlighted key areas for investment, including livestock value addition, timber processing, renewable energy, and power generation. He also revealed plans to establish an automobile assembly plant and extend Lagos’ red and blue rail lines from Agbado to Kajola and from Okokomaiko to Agbara/Lusada, alongside the development of the Purple Line project.
Speaking about the meeting, the governor commended Adesina’s commitment to linking sub-national governments across Africa with investors and innovative financing opportunities.
He said, “Our discussions with Dr. Akinwumi Adesina centered on strategic projects we aim to pursue in Ogun State.
“We appreciate AfDB’s critical role in connecting sub-national entities to potential investors and ensuring proof of financing for major initiatives. This engagement underscores our commitment to leveraging strategic partnerships and innovative funding solutions for sustainable development and economic growth in Ogun State.”
The governor’s participation in the Africa Investment Forum is part of his administration’s broader efforts to attract foreign direct investments to Ogun State, positioning it as an economic hub in Nigeria.
