The Ogun State Governor, Dapo Abiodun, has disclosed that the state’s economy has quadrupled within six years of his administration.
According to him, the economy rose from ₦3.5 trillion in 2019 to ₦16 trillion in 2025.
Governor Abiodun made this known on Saturday, when he hosted the Strategic Adviser of Mac Group, Fayad Fayad, and the company’s Public Relations Officer, Hassan Fayad, at his office in Oke-Mosan, Abeokuta.
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The courtesy visit came as the state secured an investment pledge worth between $1.8 billion and $2.5 billion.
Abiodun attributed the economic expansion to deliberate investments in infrastructure, provision of basic amenities, and the revival of tourist centers across Ogun.
Highlighting Olumo Rock in Abeokuta as an example, he noted that the site now generates ₦20 million weekly following its renovation, compared to the same amount previously earned annually.
“We are one of the two best-performing states in Nigeria. We are the fastest-growing economy in the country. Our economy, between 2019 and 2025, has quadrupled from ₦3.5 trillion to ₦16 trillion,” Abiodun said.
He assured the visiting team of Ogun’s readiness for business, stressing that the state offers land, infrastructure, and human capital required for major projects.
“I don’t have any doubt about the competitive advantage of this state… you have not made any error in coming, as we provide the best option for investments,” he added.
In response, Mac Group’s Strategic Adviser, Fayad Fayad, revealed that the planned investment will focus on hospitality and entertainment, including Africa’s first Disneyland-style resort in Ogun State.
