Close Menu
    Trending
    • US takes a stake in another firm, this time a large lithium mine | Mining News
    • Rema makes 2025 Time100 Next List
    • Malta Guinness fuels the fun at Iriji Festival 2025
    • Osimhen vs Isak: Ex-Arsenal midfielder Robson picks better striker
    • Arsenal vs Olympiacos live: Full Champions League line-ups
    • Nigeria Launches Landmark ISO Standard To Strengthen Anti-fraud Framework
    • Peace returns to NASSI as factions embrace truce in Akwa Ibom
    • FIFA U-20WC: Nigeria vs Saudi Arabia – date, time and where to watch
    Nigeria Newz
    • Home
    • Nigeria News
    • Nigeria Politics
    • Africa News
    • World News
    • US News
    • Nigeria Lifestyle
    • More
      • Nigeria Business
      • Nigeria Economy
      • Entertainment
      • Nollywood Movies
      • Relationship
      • Soccer
      • Sports
      • Travel News
    Nigeria Newz
    Home»Nigeria Economy»Ogun economy increased by 78% to N16trn in six years – Abiodun
    Nigeria Economy

    Ogun economy increased by 78% to N16trn in six years – Abiodun

    NigeriaNewzBy NigeriaNewzSeptember 19, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email



    …as Mac Group Pledges $2.5bn Disneyland funding

    Governor Dapo Abiodun of Ogun State says the State’s economic system has elevated greater than fourfold, which is 78%, leaping from N3.5 trillion to N16 trillion within the final six years.

    This was simply as Ogun State secured an funding pledge within the vary of $1.8 billion to $2.5 billion.

    Governor Abiodun made the assertion when he met with Fayad Fayad, Strategic Advisor and Hassan Fayad, Public Relations and Communication Officer of Mac Group, who paid him a courtesy name in his Workplace at Oke-Mosan in Abeokuta on Friday.

    The governor additionally revealed that the State’s foremost vacationer centre, Olumo Rock in Abeokuta, generates about N20 million on a weekly foundation after its renovation, in comparison with the little quantity generated yearly earlier than the turnaround of the vacationer centre.

    Learn additionally: Gov Abiodun approves payment of Ogun athletes’ allowances, N2.5m for gold medallists

    In response to the governor, Ogun State has, within the final six years, grown in leaps and bounds within the areas of financial growth, improved infrastructure, provision of fundamental facilities and reinvigorated vacationer centres throughout the State.

    He stated, “We’re one of many two best-performing states in Nigeria. We’re the fastest-growing economic system within the nation. Our economic system, between 2019 and 2025, has quadrupled from N3.5 trillion to N16 trillion.”

    Governor Abiodun expressed shock on the variety of folks turning out to go to Olumo Rock after its renovation, noting that it was a sign that if vacationer websites had been properly maintained and practical, they may present another place for leisure and income era.

    He lauded the organisation for selecting the State to spend money on tourism, inns and recreation, including that other than the conducive enterprise surroundings, it’s blessed with a big land mass, good infrastructure, and the required human capital.

    “I don’t have any doubt in regards to the aggressive benefit of this state. All of the substances that you simply want for the patronage of a giant leisure facility are right here, and I believe that you haven’t made any error in coming as we offer the most suitable choice for investments,” he stated.

    Responding, the Strategic Adviser, Mac Group, Fayad Fayad, stated his organisation would deliver an funding price between $1.8 billion and $2.5 billion that may concentrate on hospitality and leisure.

    Learn additionally: Abiodun awarded on foreign investment drive, says Ogun is Nigeria’s industrial hub

    “We’re very comfortable to be right here in the present day in Ogun State; we’re very proud to provoke this venture. That is undoubtedly the primary venture, and it’s between the vary of $1.8 billion to $2.5 billion. Very quickly, you’ll hear excellent information.

    “There’s an initiative that we offered to His Excellency, which is about having a Disneyland resort inside Ogun State; it will likely be the primary in Africa.

    “It’s a big venture for leisure and tourism. There might be parks, leisure, inns, and water parks.

    “We’ve a variety of initiatives to do collectively; we are able to see the imaginative and prescient, we are able to see the management, and we are able to see the expansion of the economic system. Hopefully, we are going to work aspect by aspect with Ogun State, and the sky is the restrict,” he submitted.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    NigeriaNewz
    • Website

    Related Posts

    Peace returns to NASSI as factions embrace truce in Akwa Ibom

    October 1, 2025

    Seyi Amao’s emotional appetite therapy sparks movement for women’s health

    October 1, 2025

    Oil union calls off strike as Dangote redeploys sacked workers

    October 1, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Economy News

    Best Picks & Bonus Bets For September 10th

    By NigeriaNewzSeptember 10, 2025

    Forward of the MLB motion at the moment, we at 101GreatGoals have offered a listing…

    Dolphins’ Late Mistakes Lead To Loss Vs. The Bills

    September 19, 2025

    BBNaija 10: Otega, Kuture, Rooboy secure immunity as 22 housemates face eviction

    August 11, 2025

    Lewis-Skelly out of World Cup qualifier

    September 9, 2025

    Fed Chair Jerome Powell faces delicate balancing act in Jackson Hole speech on Friday

    August 21, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    About us

    Welcome to Nigerianewz.com — your trusted source for the latest and most comprehensive news about Nigeria, Africa, and the world.

    At Nigerianewz.com, we are passionate about keeping you informed with up-to-date, accurate, and insightful news coverage across a wide range of topics that matter to you. Whether you want to catch up on Nigeria Politics, get breaking Africa News, or stay updated on global happenings through our US News and World News sections, we’ve got you covered.

    Our mission is to connect you with authentic stories, powerful voices, and engaging content that reflects the dynamism of Nigeria and the broader African continent. Nigerianewz.com is designed to be your go-to platform for everything happening at home and around the globe.

    Thank you for choosing Nigerianewz.com — where news lives, breathes, and speaks to you.

    Recent Posts

    BIC Reaffirms Commitment To Youth Empowerment Through Creative Initiatives

    July 3, 2025

    EPL: Roy Keane, Ian Wright predict outcome of Manchester Derby

    September 12, 2025

    ‘I was in a disrespectful relationship with one Nigerian celebrity’- Tiwa Savage

    September 19, 2025

    8/23: Saturday Morning – CBS News

    August 24, 2025

    Rhodes-Viviour remains champion of electorate – ADC

    September 9, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Nigerianewz.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.