Ask Nigeria Header Logo

Ogun State Agro-Cargo Airport is set

Photo of author

By Mercy Kelani

This achievement exemplifies the potential for expedited economic growth.

Mr. Wale Edun, the Minister of Finance and the Coordinating Minister for the Economy, has expressed that the completion of the Ogun State Agro-Cargo Airport will bring significant benefits to the citizens by improving their livelihoods and enhancing overall economic growth at both the state and national level. The airport was deemed a significant venture for the Abiodun-led administration by the Minister, who emphasized its potential to revolutionize the state once it becomes fully operational, and boost its economy tremendously.

During his address, he expressed his previous experience of being present at the ARISE Agro-Cargo Industrial and Export Processing Zone, acknowledging its significance as a remarkable economic accomplishment. He emphasized that this achievement exemplifies the potential for expedited economic growth, aligning with Mr. President’s aim of attracting further investments of this nature. Revitalizing the region with new economic vigour not only benefits the people of Ogun State and Nigeria at large, but also stimulates economic growth, fosters job creation, and diminishes poverty.

It serves as undeniable evidence of the governor’s accomplishments.

Also, this particular investment type holds immense potential in reinvigorating the local economy. Regarding this specific establishment, this airport holds the recognition for having the most extensive runway in Nigeria. At present, he observed the terminal structure being perfected to transform it into a fully equipped international airport that is capable of accommodating both passengers and cargo. According to Mr. Wale Edun, the Finance minister, the project is truly remarkable and displays an exceptional level of quality.

He noted that the governor’s previous corporate experience, combined with his passion, efficiency, and meticulousness, has played a crucial role in successfully carrying out significant projects in the state. The airport serves as undeniable evidence of his accomplishments. Expanding on the matter, the Minister expressed his admiration as he extended his utmost appreciation to the governor and citizens of Ogun State for their remarkable accomplishments thus far. However, what holds greater significance is the anticipation for the outcome.

Establishment of a stable economy for businesses to thrive.

Additionally, this outcome includes the generation of employment, amplified production, and enhanced prospects for farmers to cultivate and vend their goods at favourable prices and timings, eliminating the traditional setbacks of post-harvest deterioration and transit losses commonly associated with agricultural commodities. The presence of the airport in Ogun State and Nigeria, as a whole, proves to be highly advantageous for their respective economies. It is the utmost desire of the ministry to witness further expansion in this regard. We wholeheartedly urge other states to collaborate with the private sector to attain similar accomplishments. According to him, the federal government is prioritizing the establishment of a stable economy by fostering conditions that are conducive to business growth.

Hence, the aim is to entice both domestic and international investors to come and invest in the nation. He added that the ministry’s objective is to rejuvenate the economy, reduce inflation, ensure stability in the exchange rate, and bolster export revenues to facilitate its contribution as a financial resource for economic expansion. Acknowledging the existing difficulties in the nation, the finance minister assured that despite this, the government has formulated several intervention plans to mitigate the consequences. The minister emphasized that when reforms are put into action, there is invariably a challenging transition period accompanied by distress.

The ministry offers an extensive assortment of intervention initiatives.

Nevertheless, the minister provided reassurance that brighter days lie ahead, instilling hope for the future. According to Edun, the ministry offers an extensive assortment of intervention initiatives. These encompass the supply of fertilizers, provision of food to the local populace, additional financial support for states to enhance infrastructure, funding for the cultivation of rice, wheat, maize, and cassava. Additionally, it provides monetary assistance, including grants and free funds, specifically designed for small and medium-scale enterprises, with a special focus on the tiniest businesses in the micro category.


Related Link

Radionigeria: Website


The content on AskNigeria.com is given for general information only and does not constitute a professional opinion, and users should seek their own legal/professional advice. There is data available online that lists details, facts and further information not listed in this post, please complete your own investigation into these matters and reach your own conclusion. AskNigeria.com accepts no responsibility for losses from any person acting or refraining from acting as a result of content contained in this website and/or other websites which may be linked to this website.

Fact Checking Tool - Snopes.com