The Ogun State Government has reiterated its commitment towards becoming a leading investment hub in Nigeria, driven by bold infrastructure development, innovative land administration reforms, and policies that support both local and international investments. The move is part of broader efforts to make investing in Ogun more attractive and rewarding.
The Commissioner for Industry, Trade and Investment, Mr. Adebola Sofela, stated this during a Fireside Chat themed “Attracting Philanthropic and Social Investment into the South West and Nigeria” at the South West Philanthropy Summit in Lagos, where he highlighted key reforms and strategic initiatives positioning Ogun as a top destination for industrial and investment growth.
Represented by the Special Adviser to the Governor and Deputy Director-General of OgunInvest, Ms. Sola Arobieke, Sofela emphasized the State’s tremendous progress in Ogun State infrastructure development, saying one of the major achievements was the construction of over 400 kilometers of strategic highways, designed to enhance connectivity and facilitate the smooth movement of goods and services across the region.
He noted that potential investors can partner with the State through its established Public-Private Partnership in Ogun, leveraging a combination of strategic infrastructure expansion, regulatory reforms, and investor-centric policies to take advantage of Ogun State investment opportunities.
Sofela cited significant advancements in land administration through the implementation of the Ogun State Land Administration and Revenue Management System (OLARMS) and improvements to the Geographic Information System (GIS). These innovations form a key part of Ogun State land reforms, improving transparency and efficiency in land acquisition processes.
He further described OgunInvest as a one-stop shop for investors in Ogun, offering streamlined access to essential documentation and approvals, completely free of charge. He added that the Ogun State Business Environment Council plays a crucial role in improving the ease of doing business in Ogun, working to harmonise policies and eliminate regulatory bottlenecks for businesses of all sizes.
Other transformative projects mentioned include the State’s Cargo Airport, rail infrastructure, and inland dry ports, initiatives aimed at supporting manufacturers and spurring economic development through modern logistics solutions.
In his welcome address, Group Chairman of Odu’a Investment Company Limited and Chairman of the Summit, Otunba Bimbo Ashiru, stressed that MSMEs are fundamental to job creation and economic development, not only within the region but across Nigeria and Africa at large.
He noted that with the right support, MSMEs can significantly contribute to economic stability. By creating an enabling business environment, both public and private sector actors can ensure long-term economic transformation.
Also speaking, Chairperson of the Nigeria Office for Philanthropy and Impact Investing, Mrs. Thelma Ekiyor-Solanke, highlighted the rising importance of philanthropy in Nigeria. She pointed out that strategic social investment and collaboration between government and private sector stakeholders are vital to achieving long-lasting positive change.
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