Ogun State Governor, Prince Dapo Abiodun, has said investment opportunities abound in the state that require the buy-in of foreign investors.

Abiodun spoke at a meeting with the President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina at the ongoing Africa Investment Forum (AIF) Market Days, in Rabat, Morocco, on Friday.

The governor listed some of the projects to include livestock value addition, timber processing, renewable energy, and investments in the power sector.

Abiodun also said Ogun State is exploring opportunities for the establishment of an automotive assembly plant as well as extending the Lagos red and blue rail lines from Agbado to Kajola and from Okokomaiko to Agbara/Lusada, as well as the Purpleline.

Abiodun praised the commitment of the AfDB president in connecting sub-national entities on the continent to investment opportunities.

“Our meeting earlier today (Friday) in Morocco with the President of the African Development Bank (AfDB) group, Dr. Akinwumi A. Adesina, focused on key projects we plan to embark on in Ogun State.

“We expressed our appreciation for the critical role AfDB plays in connecting sub-national governments with potential investors and providing proof of financing for major initiatives.

“This engagement reinforces our commitment to leveraging strategic partnerships and innovative financing solutions to drive sustainable development and economic growth in Ogun State,” Abiodun said.