Akeredolu mocks Lagos, lures investors to Ondo


Governor Oluwarotimi Akeredolu has dredged out the negatives about Lagos, Nigeria’s business capital and urged investors to abandon it and flee to his Ondo State.

In a rare sales pitch by a governor, Akeredolu wondered why investors are concentrating their investments in “traffic-ridden and human congested” Lagos State, and asked them to leave to come to his state, which “is blessed with abundant resources”.

He made the statement on Monday. The Lagos State government is yet to respond.

Akeredolu spoke in Akure, the Ondo state capital while welcoming the delegation of Federal Government Industrialization and Economic Diversification team led by the Minister of Niger Delta Affairs, Pastor Usani Usani to his office.

The Governor said

“According to the Nigerian Police Force and Department of Security Services (DSS), Ondo state is the 3rd most secured state in the country, therefore, I want to urge investors in the country to come and explore untapped resources which are abundant here.
“We have them in their numbers here, let them come. The rain in here is not much while the harmattan is not harsh. Ondo has the second highest reserve of bitumen in the world. Ondo sustained the Western region before independence and during the First Republic because of the Cocoa from Ondo state.
“The Federal government should also build a sea port in Ondo state. The Atlantic Ocean that passes through Ondo State is the deepest in West Africa. Also, from Araromi in Ilaje is about 45 minutes drive to Ibeju/Lekki in Lagos. So, investors should prefer Ondo state that is free without any traffic to Lagos that is over-congested and has no land,” Akeredolu said.


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