NewStats: 3,264,188 , 8,182,903 topics. Date: Tuesday, 10 June 2025 at 05:50 AM 6q1p6k6382y |
Nigeria Building World's Biggest Cotton Factory For $2.5 BillIon In Ogun State! (767 Views)
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Kemetian: 12:46am On Jun 08 |
Na wa o. Biggest refinery in the world (single train), and now biggest cotton processing factory in the world. This country is just codedly rising. It's really just a matter of time before these developments begin to translate to real benefits for people on ground. Nigeria building the world's biggest cotton factory in Iperu, Ogun State. Cost: $2.5 BillIon ![]() Ogun State Governor, Prince Dapo Abiodun, has disclosed that President Bola Tinubu will unveil the biggest cotton and polyester processing factory in the world at the Special Agro-Processing Zone located at the Gateway International Airport, Iperu/Ilisan area. Abiodun said this while receiving the former ant General of the Federation (AGF), Mrs. Oluwatoyin Madein, and of the Iperu Development Association in his office at Oke-Mosan, Abeokuta. He explained that the factory, which is under the “Renewed Hope Cotton Resurgent Initiative,” would sit on 400 hectares of land and employ about 250,000 people daily. “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 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,” he said. He said that apart from the cotton industry, the Nigerian Air Force (NAF) has also indicated interest in siting a base in the town to secure not only the airport but also to provide adequate security to Iperu and the ading towns. Explaining the rationale behind the siting of the airport at Iperu, Abiodun noted that the town is at the central point of the state, which could be easily accessible from any part of the state, adding that the 100 housing units built by his istration at the Airport Housing Estate would soon be commissioned. The governor said the government has embarked on the reconstruction of the old Ibadan and other township roads while public schools and primary healthcare centers were renovated, and a mother-and-child hospital was brought to the town. https://guardian.ng/news/nigeria/metro/tinubu-to-unveil-worlds-biggest-cotton-factory-in-ogun-abiodun/ 2 Likes |
yinkus6750(m): 1:22am On Jun 08 |
Good news coming from Ogun State. Hope it's not going to be a government owned and managed establishment? Else,we know how it will end.
1 Like |
Kemetian: 1:25am On Jun 08 |
yinkus6750: The era of such projects is gone. Everything now is PPP (Public Private Partnership), with shareholders involved. They won't born you well to use shareholders' money to go and buy house in Dubai. 4 Likes |
IkeOnyia: 1:42am On Jun 08 |
Southwest is doing well in of industrialization. This is impressive. APC state for that matter and some people say nothing good can come out of APC.
3 Likes |
manck: 2:50am On Jun 08 |
Gh
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SusanOpeyemi(f): 3:14am On Jun 08 |
Look at them up there celebrating an AI generated image. Gullible people.
2 Likes |
Godfullsam(m): 6:33am On Jun 08 |
SusanOpeyemi: It's not about the image, it is about the news. If the news is genuine, it is worth celebrating 🎉. 7 Likes |
SmartPolician: 6:38am On Jun 08 |
A simple search of major sources of cotton in Nigeria shows that cotton comes mostly from the North. Why not decentralise development by siting this factory in a place where there's access to raw materials? This is something taught in basic Economics class. When people come to power, they want to grab everything for their people without considering the feasibility of such projects. That's how they used politics to site a refinery in Kaduna that has no crude oil wells. I shake my head at this country! 1 Like |
Ofemannnu: 6:40am On Jun 08 |
Kemetian: Great. 1 Like |
Kemetian: 6:47am On Jun 08 |
SusanOpeyemi: Someone posts an article of an ongoing project, with a design of the project, and you say they are 'celebrating' the design. What do you mean by that? Honestly this forum has some really weird people on it. ![]() 8 Likes 2 Shares |
Ikaeniyan0: 6:48am On Jun 08 |
Kemetian:Igbos from the south east will apply to work there in large numbers. But you will see them online downgrading Yoruba land and claiming they only live in Lagos. 3 Likes |
Kemetian: 6:49am On Jun 08 |
SmartPolician: This is not a federal project. What are you talking about? 5 Likes |
Ikaeniyan0: 6:50am On Jun 08 |
SmartPolician:Who told you it's the FG that's financing the project? So you want the FG to start telling investors where to site their project? Mugu Oyo, Ogun,Ondo and Kwara are also cotton producing states. 8 Likes |
nothingspoil70: 6:57am On Jun 08 |
SusanOpeyemi:Bad belle 4 Likes |
nothingspoil70: 6:58am On Jun 08 |
SusanOpeyemi:bad belle 3 Likes |
Kemetian: 7:00am On Jun 08 |
Ikaeniyan0: Na wa my brother. The guy has already assumed that it is FG siting the project in Ogun! ![]() 3 Likes |
Ikaeniyan0: 7:04am On Jun 08 |
Kemetian:Their hate for Yoruba land can't be hidden again. They are jealous the South West is prospering 5 Likes |
Ofemannnu: 7:07am On Jun 08 |
SmartPolician: The simple search,sir. Katsina State is known as the largest producer of cotton in Nigeria, producing between 90,000 and 100,000 metric tons annually. Additionally, other states like Kano, Kaduna, Oyo, Ondo, Kwara, Jigawa, Ogun, Kebbi, Sokoto, and Zamfara are also involved in cotton production. The North-East region, specifically states like Adamawa, Yobe, Borno, Gombe, and Bauchi, is also considered a significant hub for cotton production, with the National Agricultural Seeds Council (NASC) stating that they have a long history of cotton farming since colonial times. 5 Likes |
alanto: 7:24am On Jun 08 |
SmartPolician:Lol. So Ogun State governor will woo investors for Kaduna or Kano? 8 Likes 2 Shares |
samomoli: 9:37am On Jun 08 |
This is a state government project. The northern government should have focused on such projects but they are busy power that doesn't improve the welfare of their people
3 Likes |
Kemetian: 9:56am On Jun 08 |
Soludo and Otti and Mbah need to go out there into the world and hustle and find investors like these southwest governors. They are just too dull for my liking. 😠 |
Obakoolex(m): 12:30pm On Jun 08 |
Good
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Kemetian: 4:19pm On Jun 08 |
alanto: Imagine 1 Like |