Ogun State Governor, Prince Dapo Abiodun has urged investors from Brazil to partner the state to set up a fertiliser plant at the Olokola Liquefied Natural Gas project.
The governor stated that Ogun is ready for investment opportunities in oil and gas, livestock, mining, agriculture, power plant development, renewable energy, tourism, technical and vocational training for youths, among others.
Abiodun spoke at the state Investment Summit in Rio de Janeiro, Brazil, on the sidelines of the BRIC Summit attended by President Bola Ahmed Tinubu, five governors, ministers, and other government officials.
The summit is in furtherance of the investment drive of the Dapo Abiodun-led administration for the rapid development of the Gateway State.
Abiodun described Ogun as investor-friendly and one of the most developed states in Nigeria.
He noted that Olokola has the deepest seaport in the country.
READ ALSO: Nurses, midwives give FG 15-day ultimatum, threaten nationwide strike
He said: “We have a region in our state that is the deepest sea point in Nigeria, called the Olokola region, where there is an Olokola gas project in the offing. This place has been identified as the right location to have a fertilizer plant.
“So, we welcome partners from Brazil to set up a fertiliser plant with us in Ogun State.”
Foreign Affairs Minister, Yusuf Tuggar, who also spoke at the event, described Ogun as one of the most industrialised states in Nigeria.
“There’s a lot that already exists in terms of the backbone for industries, which is why Ogun is very industrialised. It is one of the most industrialised states in Nigeria,” Tuggar said.
Finance Minister and Coordinating Minister of the Economy, Wale Edun, noted that Nigeria is on the right track in terms of growth, inflation, and external positioning.
Central Bank Governor, Yemi Cardoso, said Nigeria’s financial system has been stabilised since the present administration came on board.
He stated: “In Nigeria today, we have stability in our financial system. We have a very tight monitoring system that ensures that inflation is gradually beginning to trend downward. The significance is that the foundation for growth is being established.”