Ogun State has secured a new wave of foreign investment as Governor Dapo Abiodun announced fresh commitments worth about $50 million following a strategic meeting with the Managing Director of Lee Group. The Governor described this development as a strong confirmation of Ogun’s growing status as Nigeria’s leading industrial hub.
“This is yet another testament to Ogun’s rising profile as Nigeria’s emerging industrial capital,” Governor Abiodun stated, while reaffirming his administration’s commitment to policies that attract international investors and create a favorable business environment.
As part of the deal, Lee Group revealed plans to expand its detergent production business, which is currently the number one in Nigeria in terms of sales. The Governor explained that this expansion would strengthen the company’s market leadership, create new jobs for residents, and boost economic activities across different sectors of the state.
In addition to the detergent business, the company will establish two new food processing factories focused on exports to the United States and Europe. Governor Abiodun noted that this step reflects growing global confidence in products made in Ogun State.
“These investments will not only grow our economy but also position Ogun as a hub for export-driven industrialization,” he added, emphasizing the government’s commitment to supporting sustainable economic growth.