Ogun Economy Rises from N3.5trn to N16trn in Six Years – Governor Abiodun!
Reported by Suzan Daniel
The Ogun State Government has announced a remarkable economic growth trajectory, revealing that the state’s economy has expanded from N3.5 trillion in 2019 to over N16 trillion in 2025, marking a fourfold increase in just six years.
Governor Dapo Abiodun, who disclosed this during a recent economic briefing, attributed the growth to robust infrastructural development, aggressive investment promotion, and improved ease of doing business in the state.
“This growth is a testament to our strategic investments in infrastructure, security, digital economy, and industrialization,” Abiodun said, as reported by The Nation.
The governor also revealed that the state recently secured a significant foreign direct investment commitment from MAG Group, an international conglomerate, ranging between 1.8 billion and2.5 billion. This investment is expected to be channelled into manufacturing, agribusiness, and logistics sectors.
Abiodun noted that Ogun has become a top destination for local and foreign investors, citing ongoing partnerships and policy reforms that have boosted investor confidence. He reaffirmed his administration’s commitment to building a resilient and diversified economy capable of creating jobs and reducing poverty.
The state’s economic performance positions it as a leading economic hub not only in Nigeria but across West Africa.
Stay tuned to Sele Media Africa for more updates on Nigeria’s economic landscape.
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