
The Governor of Ogun State, Dapo Abiodun has revealed that the Bola Ahmed Tinubu administration will be building a cotton factory in the state.
Dapo Abiodun explained that the factory is set to be the biggest cotton and polyester factory in the world. The factory is to be established in the special Agro Processing Zone of the state.
“In the next 30-45 days, we will be doing the groundbreaking of the Renewed Hope Cotton Resurgent Initiative that will be done by Mr. President himself. It is going to be a bigger factory, and it will be the biggest cotton and polyester processing factory in the world” Dapo Abiodun said while receiving the former Accountant General of the Federation- Mrs Oluwatoyin Madein.
Dapo Abiodun also spoke on the employment opportunities the factory would create for Nigerians.
“It will employ 250,000 people per day. The promoters of this factory went around the whole state, and they decided that this is the place they want to site this factory because of the existing infrastructure like the airport, proximity to consumers, and the ability of raw materials to come in centrally. We are clearing the site, and this factory is going to sit on 400 hectares of land. It is like a whole new town.
The requirements to support this industry can best be imagined. The economic impact on Iperu and its environs, the entire Remoland, Ijebu land, and the whole of Ogun State is beyond imagination,” Governor Dapo Abiodun explained.
Dapo Abiodun also honored Oluwatoyin Madein, appraising her for her service to her state and the country at large.