In a bold move to strengthen internal revenue and industrial capacity, the Ogun State Government has invested \$400 million in the development of the Industrial Platform Remo Free Zone (IPRFZ), a strategic industrial hub situated in Sagamu. The project is a 45-year public-private partnership between the state and ARISE Integrated Industrial Platforms (ARISE IIP), designed to position Ogun as a top destination for manufacturing, export, and sustainable economic growth.
At a press briefing held in Abeokuta, the Director-General of the Ogun Public-Private Partnership (PPP) Agency, Dapo Oduwole, emphasized that the project reflects Governor Dapo Abiodun’s commitment to creating an enabling environment for businesses and enhancing industrial productivity in line with global standards. He noted that the free zone is a deliberate step toward transforming Ogun from a transit state into an industrial powerhouse.
The first phase of the IPRFZ alone is expected to generate over 40,000 jobs, with the potential for more as the zone expands. Already, six companies have secured land within the site, and two are scheduled to begin full operations by June 2025. This signals early investor confidence in the zone’s structure, services, and long-term potential.
Speaking on behalf of ARISE IIP, Chief Business Officer Prasad Sane described the IPRFZ as a world-class industrial destination. He explained that it offers attractive incentives including tax waivers, fast-tracked business registration, and a fully integrated industrial ecosystem that links infrastructure, logistics, utilities, and business support services. These features are expected to lower the cost of doing business, enhance operational efficiency, and draw more investments into the zone.
Strategically located within the 5,000-hectare Remo Economic Development Cluster, the zone will host not just manufacturing firms, but also agro-processing units, residential communities, logistics and warehousing facilities, and services powered by green energy. Its layout is intended to ensure sustainability, improve the quality of life for workers, and promote environmentally responsible industrial practices.
The government noted that the IPRFZ aligns with Nigeria’s broader economic diversification agenda and Ogun’s goal to become a leading sub-national economy with robust job creation and export-led growth. It is also expected to serve as a key player in regional trade by leveraging the African Continental Free Trade Area (AfCFTA) agreement.
Observers believe the project, once fully operational, could become a model for industrial development in West Africa, offering a replicable framework for other states. Stakeholders have called on the government to ensure transparency in operations, continuous engagement with host communities, and the inclusion of small and medium enterprises within the value chain to maximize local impact.
