Ogun State government has reaffirmed its commitment to boost the state’s economy through Diaspora investments, especially in the tourism and hospitality sector.
  
Speaking at the inauguration of Treal Hotel and Suites,  located in Ibara Housing Estate, the Secretary to the State Government, Tokunbo Talabi, who represented Governor Dapo Abiodun, said the state remains a prime destination for investors due to its strategic location and growing economic potential.
 
Talabi added that Ogun’s proximity to Lagos, coupled with its expanding tourism assets and rich cultural heritage, positioned it as a natural hub for hospitality and leisure investments.

He commended the chairman of the hotel, Mr. Adebayo Fagbenro, for returning to invest in his home state after over two decades abroad, describing the move as a vote of confidence in Ogun’s business environment.
 
“The government remains committed to creating an enabling environment for investors, especially members of the Diaspora bringing global experience and capital into the state,” he said.

Also speaking, the founder of the Kingsway International Christian Centre, Matthew Ashimolowo, called for stronger collaboration between Nigerians at home and those in the diaspora to drive national development.

He said Nigerians abroad were excelling and should be encouraged to channel their expertise and resources into the country, adding that private sector-driven projects could help reshape Nigeria’s global image.

“Projects such as this represent private-sector patriotism capable of transforming the nation’s narrative,” he said.

The Alake and Paramount Ruler of Egbaland, Adedotun Aremu Gbadebo, described the investment as a major boost to the socio-economic development of Abeokuta and its environs.

The monarch explained that the city had continued to witness steady growth in infrastructure and private sector participation, which has placed it as an emerging economic and cultural hub.

“Abeokuta is witnessing steady socio-economic development, and investments like this are a welcome addition to the growth and progress of our land,” he said.
 
A United Kingdom-based Chartered Banker and the Chairman Treal Hotels and Suites,
 
Mr. Adebayo Fagbenro, disclosed that the facility was intentionally designed to combine luxury hospitality with wellness services, describing health and wellness tourism as a growing global trend with huge economic potential.
 
He stated  that  the project was conceived out of a desire to improve hospitality standards in the state and contribute to its economic development.
 
“Having travelled extensively, I observed gaps in the hospitality sector back home and felt compelled to bridge them,” he said, adding that feasibility studies indicated strong growth potential driven by increasing business and tourism activities.
 
He explained that his decision to invest in hospitality was inspired by years of professional experience abroad and a strong desire to contribute meaningfully to the Nigerian economy through enterprise, employment, and human capital development.
 
“Each room will feature stylish and modern furniture with flat screen TV’s, high speed internet access, complimentary coffee and tea with each room equipped with air conditioning and temperature control to ensure guests have a pleasant and enjoyable stay.”
 
His wife, Mrs. Adejoke Fagbenro, said the promoters were focused on building a brand that would compete globally, with a vision anchored on expansion, excellence and consistency.

The hotel’s General Manager, Mr. Nuhu Onoja, expressed confidence that the management team would position the facility as a leading hospitality destination in the state through professionalism and quality service delivery.