Osun State Government said it has secured a $100 million investment from a United Kingdom group of investors.

The state government, through spokesperson to the state governor, Olawale Rasheed, disclosed that Governor Ademola Adeleke secured it in his recent trip to the United Kingdom.

Olawale said the deal covered agriculture, water, tourism and a free trade zone.

In a statement made available to journalists in Osogbo on Wednesday, he said, “Attendance at the 2025 Commonwealth Business Investment Conference was therefore packaged with specific goals and targets. One of them is for the Governor to update the investment community about the state of Osun’s infrastructure upgrade and implementation of enhanced ease of doing business.

The other target is to forge official investment link with the United Kingdom through the Prime Minister’s Trade Envoy to Nigeria. The most obvious which the general public always looks out for is the amount of investment deals secured on such a trip.

“Osun investment climate was presented to stakeholders with specific reference to a unified tax system to avoid multiple taxation, a 45-day window for processing of Certificate of Occupancy, and a one-stop shop for investment processing, among others.

“The revival of Osun Free Trade zone was presented with opportunities for UK and European businesses interested in the free trade zone model;

“The reduction of Osun infrastructure deficit by 45 per cent and further expected reduction in 2025 by almost 75 per cent were graphically presented in terms of roads, bridges, health and social facilities to the excitement of the business community;

“A formal investment facilitation framework and structure was put in place with the signing of a Memorandum of Understanding with the ESG Consulting group to relate with the office of the UK Prime Minister’s Trade Envoy and interface with the investing community on several opportunities in Osun State;

“A total of $100 million investment deals were inked with a group of investors who attended the signing of the investment facilitation MOU in the presence of the UK Prime Minister’s trade envoy, Hon Florence Eshalomi. The investment areas include agriculture, water, tourism and a free trade zone;

“An investment collaboration framework with the Nigerian-British Chamber of Commerce and Industry was agreed upon during the chamber’s trade mission. Alongside the Osun state Chamber of Commerce and Industry, the relationship is to create a tripartite working framework among the binational chamber, the State government and UK Chamber of Commerce and Industry;

“A partnership deal with the British Museum on cultural tourism focusing on Osun cultural assets and confirmed huge link between the Museum and Ile Ife, the cradle of the Yoruba nation;

“A new framework relationship between the British Museum and the state government on digitisation of cultural assets; and

“Multiple hosting and briefing of Osun indigenes on the state of governance at home, with two full days of feedback and brainstorming on governance ideas.”