Ogun Attracts $10bn Investment As 50 New Firms Berth

Ogun State is reported to have become a Mecca for investors, having attracted a total of 50 new firms and investments worth $10 billion since the inception of the Ibikunle Amosun administration.

This is according to Bimbo Ashiru, commissioner for commerce and industry, who disclosed this during a get-together meeting between the National Assembly and the private sector, represented by the Lagos Chamber of Commerce and Industry (LCCI).

According to Ashiru, this was an indication of a clement business environment in Ogun, as the continuing improvement in the investment in the state should be extended nationally.

Investors in Agbara had even committed some of their resources to developing the area as they recently agreed to contribute 30 percent to a road construction while the government contributes 70 percent, Ashiru said, stating that the road would soon be commissioned.


About Author

This is BizWatchNigeria. Nigeria's first online business Newspaper.

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.