Ogun State Governor, Dapo Abiodun, has announced that President Bola Tinubu will perform the groundbreaking ceremony for what is projected to be the world’s largest cotton and polyester processing factory.
Governor Abiodun stated that the factory will be sited within the Special Agro-Processing Zone at the Gateway International Airport, in the Iperu/Ilisan axis of the state.
Abiodun stated that the launch will take place in the coming weeks.
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The project, part of the Renewed Hope Cotton Resurgent Initiative, will span 400 hectares and is expected to employ approximately 250,000 people daily.
He noted that the location was strategically selected due to its robust infrastructure and proximity to raw materials.
The governor also highlighted ongoing infrastructure developments in the area, including road construction, new schools, and a mother-and-child hospital.
He further disclosed that the Nigerian Air Force plans to establish a base in the vicinity to bolster security.
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Governor Abiodun commended the former Accountant General of the Federation, Oluwatoyin Madein, for her dedicated service and contributions to Ogun State’s development.
Local leaders have acknowledged the significant transformation of Iperu, describing its evolution into a modern town as remarkable.
