Ogun Attracts 75% of FDI in Nigeria—UK Envoy

March 30, 2017
Ogun Attracts 75% of FDI in Nigeria—UK Envoy

Ogun Attracts 75% of FDI in Nigeria—UK Envoy

By Dipo Olowookere

The British Deputy High Commissioner to Nigeria, Ms Laure Beaufils, on Thursday, revealed that 75 percent of the Foreign Direct Investments (FDI) in Nigeria is now in Ogun State.

The British envoy, according to a statement issued by the Senior Special Assistant to the Governor on Media, Mr Adejuwon Soyinka, stated this when she led a delegation from the Department for International Development, DFID, on a courtesy visit to the Governor at his Oke-Mosan, Abeokuta office.

In the course of the visit, the British envoy expressed delight at the development and wanted to know how the Mr Ibikunle Amosun led administration has been able to attract that much FDI to the gateway state.

Ms Beaufils expressed the intention of the British government to engage the state and assist it in the Agricultural and Agro-Allied sector.

She added that the DFID is in Ogun State to know how and what the Governor Amosun led government is doing to have attracted such level of foreign investments and to further assist the state.

Responding, the Governor thanked the DFID for offering to assist Ogun State in the area of Agriculture and capacity development.

Governor Amosun stressed the need for the DFID to assist Ogun State in several other areas adding that his administration would always interface with development partners and agencies that have the wherewithal to support the state.

The Governor, who commended the Agency for its contributions so far to the development of Nigeria, urged it to further assist Nigeria in its bid to diversify its economy.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

Leave a Reply

Amosun Shares 1,050 Ultra-Modern Shops to Traders
Previous Story

Amosun Shares 1,050 Ultra-Modern Shops to Traders

Nigeria Urgently Needs Stronger Policies to Revamp Economy—IMF
Next Story

Nigeria Urgently Needs Stronger Policies to Revamp Economy—IMF

Latest from Economy