The Dangote Group has informed the Ogun State Government of its plan to build a seaport at the Olokola Free Trade Zone, which is expected to be the largest in Nigeria.
In 2021, the Ogun State Government attempted to revive the moribund Olokola Deep Seaport and Free Trade Zone through public-private partnership (PPP) arrangements but failed to actualise it.
The President of Dangote Group, Aliko Dangote, disclosed the company’s readiness to return to the state to expand its investment during a visit to the governor at his office in Oke-Mosan, Abeokuta.
Dangote said his company is making a major comeback to the state due to the business-friendly policies and programmes of the current administration, emphasising that his business interests were previously frustrated by the former administration.
In response, the governor, Dapo Abiodun, explained how the state has been leveraging the push factors from Lagos as pull investments to the state, creating a supportive environment for businesses through streamlined business registration, simplified land allocation and efficient land title processing.
He highlighted his administration’s five developmental pillars, carefully designed to position the state as a prime investment destination for both local and foreign investors.
Abiodun assured that his administration would continue to implement investor-friendly policies to enhance the ease of doing business in the state.
He also underscored his administration’s significant investments in infrastructure development, including a multimodal transport system, to further support businesses and economic growth in the state.
