NIGERIA: “We Are One Of The Two Best-Performing States In Nigeria” — Ogun Gov

By Ameenat Hamzat, Lagos, Nigeria 

Ogun State Governor, Prince Dapo Abiodun, has declared that the state is among the two best-performing economies in Nigeria, with its economy quadrupling from N3.5 trillion in 2019 to N16 trillion in 2025.

The governor made this known in Abeokuta while hosting executives of global hospitality giant, MAG Group, who announced plans to invest $1.8 billion to $2.5 billion in a Disneyland-style resort, the first of its kind in Africa.

Abiodun said: “We are one of the two best-performing states in Nigeria. Between 2019 and 2025, our economy quadrupled from N3.5 trillion to N16 trillion. We are the fastest-growing economy in the country.”

He noted that Ogun has become a hub for both industry and tourism, citing the renovated Olumo Rock, which now generates N20 million weekly, compared to its previous yearly revenue.

Abiodun praised MAG Group for choosing Ogun, stressing that the state provides investors with a stable business climate, large land mass, good infrastructure, and a skilled workforce.

MAG Group’s Strategic Adviser, Fayad Fayad, said the project would feature theme parks, luxury hotels, water parks, and entertainment hubs, making Ogun a continental tourism powerhouse.

He noted: “This will be the first Disneyland resort in Africa. We see the vision, the leadership, and the growth in Ogun State. The sky is the limit.”

With the deal, Ogun State is positioning itself as both Nigeria’s industrial hub and Africa’s new tourism and entertainment capital.