Prince Dapo Abiodun, governor of Ogun State, has appealed to Brazilian investors to team up with his state in order to construct a fertiliser plant at the Olokola Liquefied Natural Gas Project.
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Oil and gas, cattle, mining, agriculture, renewable energy, tourism, and youth technical and vocational training are just a few of the areas that the governor of Ogun State has mentioned as being open to investment prospects.
At the Ogun State Investment Summit in Rio de Janeiro, Brazil, Prince Abiodun made a speech alongside President Bola Ahmed Tinubu, five governors, ministers, and other government officials. The summit was held on the fringes of the BRIC Summit.
Dapo Abiodun’s administration is leading an investment drive to fast develop the Gateway State, and this summit is a step in that direction.
Abiodun said that Olokola possesses Nigeria’s deepest sea point and that Ogun State is one of the most developed states in the country, all of which are attractive to investors.
According to him, an Olokola gas project is soon to be launched in the Olokola region, which is located in his state and is the deepest sea point in Nigeria. It has been determined that this site is ideal for a fertiliser factory. Therefore, we are pleased to have Brazilian partners in Ogun State to establish a fertiliser plant.
Yusuf Tuggar, the foreign affairs minister of Nigeria and a speaker at the event, lauded Ogun as one of the country’s most industrialised states.
Ogun is highly industrialised since there is a lot of preexisting infrastructure for industries. Tuggar proclaimed it to be one of Nigeria’s most industrialised states.
Nigeria is heading in the correct direction with regard to growth, inflation, and external positioning, according to Wale Edun, Nigeria’s finance minister and coordinating minister of the economy.
The current administration has stabilised Nigeria’s financial sector, according to Central Bank Governor Yemi Cardoso.
“The Nigerian financial system is stable right now,” he declared. Inflation is starting to move downwards thanks to our stringent monitoring system. The most important thing is that the groundwork is being laid for expansion.