Why Investors Should Target Ogun State

“The Cargo Airport project would provide relief for the Lagos Airport; the Free Trade Zones would take advantage of the state’s nearness to many West African states and its being gateway to the Nigerian nation is a big plus. There are also great potentials for great cultural and heritage tourism in Ogun State. And what is more, the state has good leadership which has simplified the way to do business by establishing a one-stop investment shop in the office of the Economic Adviser to the Governor,” the World Bank Managing Director said. She also expressed the readiness of the World Bank to assist Ogun State in its pursuit of Private Public Partnership to develop its economy; a step she said was the way to go. She disclosed that out of the $11 billion in annual remittances to Africa from citizens living abroad, over $3 billion goes to Nigeria. She said foreign business owners and Nigerians in the Diaspora and Ogun State indigenes living abroad who have the capacity to package investments should do so as they can count on the assurances and the leverage of good governance exemplified by Governor Daniel.

Speaking earlier, Governor Daniel reiterated his government’s determination to continue to drive Ogun State in the path of good governance and make the private sector the fulcrum of the state’s ecEonomic development and agenda. “We have managed the affairs of our state in a transparent manner and we have put in place solid plans and incentives for businessmen and investors who choose to do business in our state. The security of the lives of investors and their investments are guaranteed because our state is peaceful with highly enlightened people,” the governor said. Otunba Daniel then asked American businessmen, investors and tourists to take advantage of the ongoing development of free trade zones, agro cargo airport, deep sea port, Laogo Paradise Island property and real estate developments which have great promises of highly rewarding investments.