More Investments For Ogun, As Governor Abiodun Further Meets UK Investors

The Governor of Ogun State, Prince Dapo Abiodun has not been resting on his oars, as he continues hunting for investors in the United Kingdom (UK) so as to move Ogun state to the next level.

Recall that Governor Abiodun had earlier given his word that he would represent the people of Ogun State and drive home private investments under the State’s Public-Private Partnership (PPP).

After having signed a Memorandum of Understanding (MoU) with Adam Smith International in November of last year, Ogun State is set to see a new phase in urbanisation and public transportation, which would ensure job creation and reduction in poverty.

In a press release sighted by Voice of Awori, @ Dapo Abiodun’s social media page, the statement read:

“Head of the Foreign and Commonwealth Office’s Prosperity Fund in Nigeria, Mr Guy Harrison, signed the MoU together with the Secretary to the State Government, Mr Tokunbo Talabi towards ensuring that people can live and work in Ogun State peacefully.

“In furthering this, Governor Abiodun on Thursday had a tour of one of the smart cities of the Future Cities Nigeria programme in London. At the meeting were Matt Uzell of Adam Smith International, Bob Allies of Allies and Morrison, and other investors and consultants.

“However, Gov. Abiodun also met with a delegation from the Sumitomo Mitsui Banking Corporation (SMBC), led by Nisrin Abouelezz, Regional Group Head, Africa (International & Structured Finance).

“SMBC is a reputable Japanese bank with over 400 local branches and 19 overseas branches, excluding subbranches and agencies. The bank, with a balance sheet of $1.6trillion, is looking to fund projects in Ogun State because of the prospects that are laid bare to it.

“The Mabey Group, a UK group of companies which specialise in steel, plant hire, engineering and construction products, is also looking to invest in the infrastructure of the State.

“The team from the Group, led by Michael Treacy, President and Founder, Treacy & Company met with Gov. Abiodun in London to discuss and fine-tune details of the partnership that would bring to reality the interest and commitment of the Group to invest in the infrastructural development of Ogun State.

“It is expected that as the investment drive gains momentum, Ogun State would begin to feel the impact of these collaborations. The State’s PPP is also expected to thrive further, as local and international private investors are continuously willing to bring their business to the State to enjoy its ease of doing business status.”

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