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Foreign Investment: Ogun signs $400m MoU on Olokola FTZ, Agro processing zone
Foreign Investment: Ogun signs $400m MoU on Olokola FTZ, Agro processing zone
…as 25,000 jobs, technical training centre coming
Ogun State government has signed a $400m Memorandum of Understanding (MoU) with a foreign firm, Arise Integrated Industrial Platform, on the development of Olokola Free Trade Zone and Remo Agro Processing Zone.
The state governor, Dapo Abiodun, signed this MoU with the Founder and Chief Executive Officer of Arise Integrated Industrial Platform, Gagan Gupta, on Friday, at the Exco Chamber of the Governor’s Office, Abeokuta.
Speaking shortly after the signing ceremony, Mr. Gupta, disclosed that his organisation would focus on the Olokola Free Trade Zone and the Remo Agro-Processing zone.
He explained that the $400m would be for the completion of phase one of the projects, saying by July 2023, the investment would be higher.
According to him, his organization would focus on developing the infrastructure at the Olokola Free Trade Zone as well as the Remo Cluster Area and the Agro Cargo airport in the area of agro-processing.
Gupta who also noted that the intention of the group was to ensure that work starts on the industrial zone by the first of July this year, added that the group would also focus more on the upstream sector.
The Arise Integrated Industrial Platform founder added that his company would bring equity to the floor by leaving 35% open for national players and the state, saying “we would be glad to have Ogun State as a partner”.
“Our ethical moral is that we will have 65% equity and leave 35% open for the national players, including Ogun State. We want the state to be our partner and the state will take some equity and the national players will take some equity,” he stressed.
Gupta commended the level of information made available by the state government to his team when it came on an assessment of the zones to be invested in.
“After visiting Ogun State for two weeks, we were very pleased by the amount of information that was shared. I must confess I had no expectation that the information woul be so readily available, it looked like we were dealing with the private sector and not government”, he submitted.
Responding, Governor Abiodun commended the company for choosing Ogun and noted that the project would not only create employment opportunities, but would be a training hub as the company would set up a technical training centre to train artisans for the sustenance of the project.
He said: “We are happy to find a partner that is afrocentric; that understands the sub-region and all the issues that pertain to the people and is ready to spend over $400m. We are indeed very excited that you are in Ogun State.
“I am glad you are setting up two Economic Zones, one in Olokola which will deal with mobility and automobiles and the other one, the Remo Cluster which will take care of agro- processing. We will support you and we will leave no stone unturned. Our support to you will be total. The infrastructure you will bring will lead to more investors coming to our state”.
Abiodun said his administration at the inception had identified the comparative advantage of the state and set out to bring in more investors whose investments would not only enhance the socio-economic well-being of the people, but also retain the state’s position as the industrial capital of the country.
He reiterated that “Ogun remains the safest state in the country due to the security architecture put in place, while over 400km of road had been constructed and various reforms and policies put in place to help improve the Ease of Doing Business ranking of the state”.
The governor, however, said that the signing of the MoU was the fall-out of the road shows he took part in different parts of the world, noting that “it will create over 25,000 jobs, a technical training centre and a platform that will benefit the state and the country in the form of Corporate Social Responsibility. My administration will do everything to sustain this relationship”.
“Jesus Christ is the Way, the Truth, and the Life.” — Dr. Chris Okafor
Grace Nation Worldwide marked a special occasion as members gathered at the international headquarters in Lagos, Nigeria, to celebrate the birthday of the Generational Prophet and Senior Pastor, Christopher Okafor, who turned a year older on April 4, 2026.
A Service of Thanksgiving and Celebration
The atmosphere was filled with gratitude as sons and daughters of the ministry came together to appreciate God for the life and impact of their spiritual leader.
The celebration featured a variety of activities, including special musical renditions, Bible recitations, choreography presentations, and a vibrant praise and worship session led by the Liberation Voices.
The highlight of the event was the ceremonial cutting of the birthday cake, followed by joyful celebration and thanksgiving, all dedicated to the glory of God.
Teaching on the Death and Resurrection of Christ ,Earlier in the day, the service also commemorated the resurrection of Jesus Christ, with Dr. Okafor delivering a message on “The Death and Resurrection of Jesus Christ.”
In his teaching, he described the sacrifice of Christ at Calvary as the foundation of the Christian faith.
“The death of Jesus represents the depth of God’s love for humanity,” he said, while emphasizing that the resurrection is the ultimate confirmation and strength of the believer’s faith.
The State of Humanity Before Redemption
Dr. Okafor explained that before the sacrifice of Christ, humanity was bound by sin, subject to judgment, and separated from God. He highlighted the consequences of the fall of man, including spiritual loss and the inevitability of judgment.
The Purpose of Christ’s Sacrifice
According to the cleric, the death and resurrection of Jesus Christ brought restoration and reconciliation between God and humanity.
“When a person is restored to God, life becomes meaningful,” he noted, adding that the sacrifice of Christ signifies the forgiveness of sin and a new beginning for believers.
A Message of Hope
In conclusion, Dr. Okafor stated that the resurrection of Jesus Christ provides believers with the opportunity to live a fruitful and abundant life, anchored in faith and divine purpose.
The combined celebration of his birthday and the message of Easter created a moment of reflection, joy, and renewed commitment among members of Grace Nation Worldwide.
IGP Disu Unveils New Security Vehicles, Bikes In Ogun,
The Inspector-General of Police, Olatunji Rilwan Disu, on Saturday took centre stage at the commissioning of landmark projects in Ogun State, reaffirming the Nigeria Police Force’s commitment to strengthening national security and deepening collaboration with state authorities.
The high-profile event, attended by top government officials and security stakeholders, highlighted the strategic importance of security in driving development. Disu’s presence underscored ongoing efforts by the Police leadership to align operational priorities with infrastructural growth across the country.
A key highlight of the ceremony was the commissioning of new security vehicles and electric motorbikes aimed at boosting the operational capacity of security agencies in the state. The IGP commended the Ogun State Government for what he described as a proactive and forward-thinking approach to security, noting that the newly deployed assets would significantly enhance rapid response and patrol efficiency.
He stressed that effective policing remains central to maintaining peace and order, assuring residents that the Force would continue to evolve strategies to tackle emerging threats. According to him, the Nigeria Police Force is committed to working closely with both the Federal Government and sub-national authorities to ensure the safety of lives and property.
Disu further called on members of the public to support security agencies by providing timely and credible information, describing community cooperation as vital in combating crime and sustaining a secure environment.
The Police leadership also expressed appreciation to the Ogun State Government and other dignitaries for their continued partnership, noting that such collaboration is essential to advancing security initiatives and fostering national development.
*PDP Stalwart, Fagbemi, Resigns From Party in Ogbomoso South*
A former Secretary of Ogbomoso South Local Government, Temidayo Fagbemi, has formally resigned his membership of the Peoples Democratic Party.
Fagbemi, a major financier of the PDP in the area, tendered his resignation in a letter addressed to the Ward Chairman of the party in Ijeru II, Ogbomoso South.
In his letter, Fagbemi stated that leaving the party he had diligently supported, contributing to PDP’s victories at both the state and local government levels for two consecutive terms, was a difficult but necessary decision.
He wrote: “I, Temidayo Fagbemi, hereby submit my resignation as a member of the PDP.”
“My decision to leave the party, which I worked hard to support and helped secure victory at both the state and local levels for two consecutive terms, is not an easy one. However, it has become necessary.”
He thanked party leaders for the years of shared political engagement and wished them success in their forthcoming primaries.
His resignation marks a significant development within the Ogbomoso South PDP, given his influence, contributions, and long-standing role in strengthening the party’s structure.
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