Abeokuta, May 1, 2025 – Dapo Abiodun, the Ogun State Governor, says the the state the biggest cotton and polyester factory in the world will soon be established in the state.
The governor disclosed this on while receiving Mrs Oluwatoyin Madein, a former Accountant General of the Federation, and members of the Iperu Development Association in his office on Wednesday.
He said the factory to be established in the special Agro Processing Zone of the state, would be the biggest cotton and polyester factory in the world.
“In the next 30-45 days, we will be doing the groundbreaking of the Renewed Hope Cotton Resurgent Initiative that will be done by Mr. President himself. It is going to be a bigger factory, and it will be the biggest cotton and polyester processing factory in the world.
“It will employ 250,000 people per day. The promoters of this factory went around the whole state, and they decided that this is the place they want to site this factory because of the existing infrastructure like the airport, proximity to consumers, and the ability of raw materials to come in centrally.
“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 support 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,” the governor said.
He said the Nigerian Air Force had also indicated interest in siting a base in the town.
Abiodun said an airport was being bult in the town because of its central location in the state, adding that the 100 housing units built by his administration at the Airport Housing Estate would soon be inaugurated.
He commended the former Accountant General of the Federation for her meritorious service to her state and fatherland.
“Thank you for all you have done. You have attracted laudable projects like a women’s empowerment center, a mini stadium, and the erosion control project to the town as a form of giving back to society.
“You started from a humble background. You began your primary and secondary education here in Iperu and later went to Ogun State Polytechnic, Abeokuta, before proceeding to Ogun State University and working with the Ogun State Property and Investment Corporation before moving to the federal level.
“You are hardworking, diligent, focused, intentional, and a disciplined person. Thank you for making us proud; you are a pride to womanhood. It shows that gender must not be a limitation to what one can attain,” he added.
Madein thanked the governor for creating a conducive business environment that has attracted a lot of investments to the state.
