Ogun State is set to welcome a multibillion-dollar investment that will see the establishment of Africa’s first Disneyland-style resort, alongside hotels, water parks, and other leisure facilities.
The investment, pledged by MAG Group, is valued between $1.8 billion and $2.5 billion. The project, which will be sited in Abeokuta, underscores the state’s rising profile as a hub for tourism and hospitality.
Over the last six years, we have grown Ogun State’s economy from N3.5 trillion to N16 trillion, making us one of the fastest-growing economies in Nigeria. This growth reflects our deliberate efforts in infrastructure, basic amenities, and the revitalization of tourism, with Olumo… pic.twitter.com/mbNaZfmHkh
— Prince Dr. Dapo Abiodun, CON (@DapoAbiodunCON) September 19, 2025
Governor Dapo Abiodun disclosed that the initiative comes on the back of deliberate economic reforms and infrastructure renewal that have expanded Ogun’s economy from ₦3.5 trillion to ₦16 trillion in six years, making it one of Nigeria’s fastest-growing economies.
According to the governor, attractions such as Olumo Rock are already generating about ₦20 million weekly after renovation, reflecting the success of ongoing tourism revitalisation efforts.
Abiodun added that the MAG Group pledge “confirms the strength of Ogun’s competitive advantage as a state with vast land, a conducive business environment, and the right human capital.”
“We remain committed to sustaining Ogun State as the investment destination of choice and the true gateway to prosperity,” he said.
