NEWS Beep: Lee Group Set to Invest $50 Million in Ogun State…..details

0 120

….expand detergent and food processing businesses.

 

Ogun State has continued to attract major global investments as Governor Dapo Abiodun, during a strategic meeting with the Managing Director of Lee Group, secured fresh commitments worth about $50 million.

 

CBN

Governor @DapoAbiodunCON described the development as yet another testament to Ogun’s rising profile as Nigeria’s emerging industrial capital, reaffirming his administration’s commitment to sustaining policies that make the state a preferred destination for international investors.

 

New hotel header

As part of the investment drive, Lee Group announced the expansion of its detergent business, which currently ranks as the number one in Nigeria in terms of sales. The Governor noted that this expansion would not only consolidate the company’s market leadership but also generate more jobs for Ogun residents and stimulate economic activities along the value chain.

 

In addition, the company is set to establish two new food processing factories dedicated to exports to the United States and Europe. Governor Abiodun emphasized that this move reflects the growing confidence of international markets in products manufactured in Ogun State, further positioning the state as a hub for export-driven industrialization.

 

#BuildingOurFutureTogether #OgunState #DapoAbiodun #OgunChinaInvestment #ISEYA

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments