Governor Dapo Abiodun of Ogun State has announced that construction of the over $7 billion Gateway Deep Sea Port and Ogun State Blue Marine Special Economic Zone in Ogun Waterside will commence in November, immediately after the groundbreaking ceremony.
In a statement, the governor said that after signing the MoU with DP World MEA FZE in Paris, witnessed by President Bola Ahmed Tinubu, the state is moving decisively from planning to implementation. He said the port is expected to be substantially completed within two and a half years.
Abiodun said the transformational project will unlock the enormous maritime and economic potential of Ogun State, attract major investments, create jobs, and position Ogun Waterside and the state as a major maritime hub in West Africa.
"We are equally encouraged by the rehabilitation of the Sagamu–Ijebu-Ode–Ore Road and the Lagos-Calabar Coastal Highway, which will further strengthen connectivity and economic activities across Ogun East.
"Beyond maritime development, we remain committed to harnessing the vast bitumen deposits within the Ijebu East axis and exploring the crude oil potential identified in parts of our state," he said.
The governor appreciated President Tinubu for his unwavering support and commitment to the historic project. He said his administration will continue to combine vision with implementation to unlock opportunities, attract investment and deliver sustainable prosperity for the people of Ogun State.
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