Ogun State Economy Hits N16 Trillion as Mac Group Commits $2.5 Billion for Africa’s First Disneyland-Style Resort

Over the past six years, Ogun State’s economy has experienced remarkable growth, expanding from N3.5 trillion in 2019 to an impressive N16 trillion in 2025. This fourfold increase places Ogun among Nigeria’s fastest-growing state economies, largely driven by strategic investments in infrastructure, essential amenities, and tourism development under Governor Dapo Abiodun’s administration. A key highlight of this transformation is the revitalization of Olumo Rock, which now generates about N20 million weekly, a significant leap from its previous annual earnings.

In a major boost to the state’s hospitality and entertainment sectors, the Mac Group has pledged an investment of between $1.8 billion and $2.5 billion. This historic investment will include the construction of Africa’s first Disneyland-style resort, featuring hotels, amusement parks, water attractions, and other leisure facilities. The Mac Group’s commitment underscores Ogun’s favorable business environment and abundant land resources. Governor Abiodun emphasized that the state’s growth reflects its competitive advantage in human capital and infrastructure, reinforcing Ogun’s position as a prime destination for global investors and a gateway to prosperity.

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Governor Abiodun’s administration has also focused on creating an enabling environment that fosters industrial growth and commerce, supported by over 1,200 kilometers of rehabilitated roads connecting industrial hubs. The governor reaffirmed his commitment to sustaining this economic momentum and further advancing Ogun State’s development agenda.