{"id":16930,"date":"2025-09-08T16:38:48","date_gmt":"2025-09-08T16:38:48","guid":{"rendered":"https:\/\/thenewsnow.org\/?p=16930"},"modified":"2025-09-08T16:38:48","modified_gmt":"2025-09-08T16:38:48","slug":"ogun-is-nigerias-top-investment-destination-gov-abiodun-tells-afcfta-panel-in-algiers","status":"publish","type":"post","link":"https:\/\/thenewsnow.org\/index.php\/2025\/09\/08\/ogun-is-nigerias-top-investment-destination-gov-abiodun-tells-afcfta-panel-in-algiers\/","title":{"rendered":"Ogun is Nigeria&#8217;s Top Investment Destination, Gov Abiodun Tells AfCFTA Panel in Algiers"},"content":{"rendered":"<p><b>&#8230;showcases Ogun investment opportunities<\/b><\/p>\n<p>Ogun State Governor, Prince Dapo Abiodun has told the international community that Ogun State is actively breaking trade barriers through bold initiatives designed to attract investment and deepen trade.<\/p>\n<p>Governor Abiodun stated this while participating in a high-level panel session titled &#8220;Investment Showcase: Unveiling Opportunities from Select African &amp; Caribbean Sub-Sovereigns\u201d at the ongoing IATF25 in Algiers, Algeria.<\/p>\n<p>Reaffirming Ogun State&#8217;s position as Nigeria\u2019s leading investment destination, Governor Abiodun highlighted the pivotal role of subnationals in driving the success of the African Continental Free Trade Area (AfCFTA).<\/p>\n<p>He noted that despite Africa\u2019s enormous potential, intra-continental trade still accounts for only about 15 percent of total trade, largely due to weak infrastructure, cumbersome regulations, and fragmented value chains.<\/p>\n<p>According to him, Ogun State\u2019s blueprint for economic transformation includes multi-modal infrastructure development: the Gateway International Cargo Airport, Ijebu-Ode and Kajola Dry Ports, over 1,200 kilometres of upgraded roads, and expanded gas reticulation networks.<\/p>\n<p>The blueprint, he said, also includes economic development clusters and free trade zones, including the Remo Economic Development Cluster, anchored by the newly licensed Gateway International Airport; the Ijebu Economic Development Cluster, with proximity to the Dangote Refinery and Agro-Allied Industries; the Agbara Industrial Cluster; the Ogun-Guangdong Free Trade Zone; and several other hubs designed to support co-location, shared utilities, and value-chain optimization.<\/p>\n<p>In addition, Ogun State, Abiodun said, has simplified processes for investors through the One-Stop Investment Center (OgunInvest) and a GIS-enabled Land Bank covering 300,000 hectares of pre-verified land, enabling faster permits, titles, and approvals.<\/p>\n<p>The governor also listed the chief attractions of Ogun State to include policy certainty, with frameworks under the 2019 PPP Law, risk-sharing partnerships with AfDB and IFAD, and structured government-industry dialogue, as well as Ogun State&#8217;s strategic location, with seamless access to Lagos ports, ECOWAS markets, and the Benin Republic border for regional distribution.<\/p>\n<p>He stated that with these interventions, Ogun State is positioning itself as Nigeria\u2019s foremost AfCFTA hub\u2014where scale, speed, and certainty converge to unlock shared prosperity for Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;showcases Ogun investment opportunities Ogun State Governor, Prince Dapo Abiodun has told the international community that Ogun State is actively<\/p>\n","protected":false},"author":1,"featured_media":16932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/16930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/comments?post=16930"}],"version-history":[{"count":1,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/16930\/revisions"}],"predecessor-version":[{"id":16933,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/16930\/revisions\/16933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media\/16932"}],"wp:attachment":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media?parent=16930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/categories?post=16930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/tags?post=16930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}