Ogun East’s economic transformation will boost Nigeria’s growth – Abiodun

Ogun State Governor Dapo Abiodun stated that emerging economic opportunities in Ogun East could transform the region into a major economic hub. According to Daily Post Nigeria, these opportunities are driven by energy prospects, road infrastructure, airport development, industrial expansion, and the proposed Gateway Deep Sea Port.

Abiodun noted that these strategic assets would accelerate economic growth in Ogun State and strengthen Nigeria’s investment prospects, logistics network, industrial capacity, employment generation, and maritime trade, Premium Times reports.

During the investiture of the Commissioner for Environment, Oladimeji Oresanya, as the 19th president of Sagamu Club, Abiodun said the region's economic significance has strengthened the argument for creating an additional state in the area. He urged stakeholders and community leaders to work with the government to maximize the opportunities provided by the area's expanding economic infrastructure and strategic location.

Separately, the Nigerian Economic Summit Group has warned that worsening insecurity throughout Nigeria threatens economic growth, infrastructure development, agricultural production, and investment. Punch reports that the group stated persistent attacks on telecommunications facilities, electricity infrastructure, oil installations, and farming communities are raising business costs and discouraging long-term investment. The group called for coordinated interventions to restore security and confidence in the economy.

Brief written by urgent.news from Premium Times, Punch, Daily Post Nigeria — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.