$1bn Chinese Investments Power Ogun as 100 More Investors Set to Arrive

Ogun State Governor, Prince Dapo Abiodun, has urged Chinese investors to deepen their footprint in the state by tapping into its vast mineral and agricultural wealth, as fresh commitments signal a surge of new investments.

Abiodun made the call today when he hosted the Chinese Ambassador to Nigeria, Mr. Yu Dunhai, at his office in Oke-Mosan, Abeokuta.

The governor described Ogun as the leading non-oil contributor to Nigeria’s economy, with abundant deposits of gold, limestone, bitumen, kaolin, granite, and glass sand. He also spotlighted the state’s dominance in agriculture, citing its top rankings in cassava, eggs, poultry, and fish production, alongside fertile land for cocoa, rubber, and cashew.

“We look forward to structured partnerships with Chinese investors to explore our resources sustainably. Some individuals have engaged in illegal mining without regard for the environment, but Ogun is ready for coordinated, transparent, and mutually beneficial investment,” Abiodun stated.

The governor emphasized his administration’s investor-friendly reforms, including a new airport with commercial flight approval, a dry inland port in Kajola, and plans for a deep seaport at Olokola. He also invited Chinese companies to explore opportunities in Ogun’s transport sector and agriculture, reinforcing the state’s ambition to become Nigeria’s food basket.

Ambassador Yu Dunhai disclosed that about 160 Chinese firms have already invested over $1 billion in the Ogun-Guangdong Free Trade Zone, Igbesa, Ado-Odo/Ota Local Government Area. He added that about 100 more Chinese investors are on their way to the state.

“The business environment, favorable weather, and welcoming people make Ogun a natural destination. Nigeria remains China’s largest trading partner in Africa, and our cooperation is only growing stronger,” Yu said.

The envoy, however, cautioned Chinese nationals against illegal mining or any unlawful activity, stressing that both the Chinese government and its embassy would not tolerate violations.

Also speaking, the Chairman of the Ogun-Guangdong Free Trade Zone, Hajia Hafsat Balewa, commended the role of Chinese investments in boosting Ogun’s GDP and Nigeria’s broader economy, reaffirming the zone’s role as a hub for bilateral trade and development.tegic Partnership in Mineral Exploration and Agriculture
Segun Atanda/

Ogun State Governor, Prince Dapo Abiodun, has urged Chinese investors to deepen their footprint in the state by tapping into its vast mineral and agricultural wealth, as fresh commitments signal a surge of new investments.

Abiodun made the call today when he hosted the Chinese Ambassador to Nigeria, Mr. Yu Dunhai, at his office in Oke-Mosan, Abeokuta.

The governor described Ogun as the leading non-oil contributor to Nigeria’s economy, with abundant deposits of gold, limestone, bitumen, kaolin, granite, and glass sand. He also spotlighted the state’s dominance in agriculture, citing its top rankings in cassava, eggs, poultry, and fish production, alongside fertile land for cocoa, rubber, and cashew.

“We look forward to structured partnerships with Chinese investors to explore our resources sustainably. Some individuals have engaged in illegal mining without regard for the environment, but Ogun is ready for coordinated, transparent, and mutually beneficial investment,” Abiodun stated.

The governor emphasized his administration’s investor-friendly reforms, including a new airport with commercial flight approval, a dry inland port in Kajola, and plans for a deep seaport at Olokola. He also invited Chinese companies to explore opportunities in Ogun’s transport sector and agriculture, reinforcing the state’s ambition to become Nigeria’s food basket.

Ambassador Yu Dunhai disclosed that about 160 Chinese firms have already invested over $1 billion in the Ogun-Guangdong Free Trade Zone, Igbesa, Ado-Odo/Ota Local Government Area. He added that about 100 more Chinese investors are on their way to the state.

“The business environment, favorable weather, and welcoming people make Ogun a natural destination. Nigeria remains China’s largest trading partner in Africa, and our cooperation is only growing stronger,” Yu said.

The envoy, however, cautioned Chinese nationals against illegal mining or any unlawful activity, stressing that both the Chinese government and its embassy would not tolerate violations.

Also speaking, the Chairman of the Ogun-Guangdong Free Trade Zone, Hajia Hafsat Balewa, commended the role of Chinese investments in boosting Ogun’s GDP and Nigeria’s broader economy, reaffirming the zone’s role as a hub for bilateral trade and development.