Dapo Abiodun, the governor of Ogun State, has revealed that deliberate efforts to grow the state economy have continued to produce positive outcomes, with the state economy increasing by 4 trillion to 16 trillion in the last six years of his administration.
He made the disclosure during a meeting with the state’s strategic advisor, Fayad Fayad, and Mac Group’s public relations and communication officer, Hassan Fayad, who gave him a courtesy call at his Oke-Mosan, Abeokuta, where the state received an investment pledge of between $1.8 billion and $2.5 billion.
The governor attributed the state’s improved economic development to state-wide reinvigorated tourist attractions, basic infrastructure, and improved infrastructure.
The governor also disclosed that Olumo Rock in Abeokuta, the state’s top tourist destination, generates about N20 million per week after being renovated, compared to the same amount that was generated annually prior to the tourist center’s transformation.
“We are one of Nigeria’s two best-performing states. Our nation’s economy is growing the quickest. He claimed that between 2019 and 2025, our economy has quadrupled from N3.5 trillion to N16 trillion.
Governor Abiodun expressed surprise at the number of visitors to Olumo Rock following its renovation, noting that it indicated that if tourist attractions were properly maintained and up to date, they could generate additional revenue and relaxation.
He applauded the organization for choosing to invest in tourism, hotels, and recreation, noting that the state is blessed with a large land mass, good infrastructure, and the required human capital in addition to the favorable business climate.
“I have no doubts about this state’s competitive advantage. We have all the necessary components for the patronage of a sizable leisure facility, and he claimed, “We provide the best option for investments, and I think you have not made any mistakes in coming.”
106 Nigerians Among Over 600 Foreigners Arrested For Drug Trafficking in India READ ALSO.
Fayad Fayad, the Strategic Adviser at Mac Group, responded by stating that his company is investing in lodging and entertainment in the range of $1.8 billion to $2.5 billion.
“We are very pleased to be here in Ogun State right now, and we are very proud to have started this project. This is undoubtedly the first project, with budgets ranging from $ 1.8 billion to $ 2.5 billion. You’ll soon receive some excellent news.
The first Disneyland resort in Africa will be located within the Ogun State, according to the proposal we sent to His Excellency.
There will be parks, entertainment, hotels, and water parks as part of the “distribution of entertainment and tourism.”
Source: Channels TV
Leave a Reply