Ogun State’s reputation as Nigeria’s industrial gateway and a rising ICT hub received a major boost with the visit of a delegation from Foxconn, the $200 billion Taiwanese multinational and the world’s largest electronics manufacturer.
Foxconn, which produces about 75 percent of Apple iPhones and between 40 to 45 percent of components used in IT equipment globally, is considering establishing operations in Ogun State’s Special Agro-Industrial Processing Zone (SAPZ). If concluded, the investment would represent one of the most significant foreign direct investments in Nigeria’s technology and industrial sectors.
The visiting delegation was led by Mr. Vincent Lee, AVP, Corporate BD Chairman Office, accompanied by Mr. Jesse Chao, Senior Director, and Mr. Brian Chen, Counselor, Government Relations. The team met with Ogun State Governor, Prince Dapo Abiodun, at the Gateway City Gate Interchange along the Abeokuta–Sagamu Expressway to discuss investment opportunities and assess the State’s business climate.
Speaking during the meeting, Mr. Lee said Foxconn’s mission in Ogun was to explore opportunities to establish a manufacturing base in the State. “We are here in Ogun State today to meet with Mr. Governor to discuss investment opportunities that will lead to establishing our business here,” he said.
Governor Abiodun welcomed the delegation, noting that Ogun’s emergence as an ICT and investment powerhouse is the result of deliberate reforms designed to attract global investors. He highlighted that the State has consistently grown its internally generated revenue and reduced reliance on federal allocations by creating an efficient, technology-driven system.
“Our administration has placed ICT at the center of governance and economic development,” Abiodun said. “By unveiling our tech hubs, supporting digital entrepreneurs, and encouraging partnerships with international firms, Ogun has aligned itself with global trends in digital competitiveness and innovation.”
He further outlined reforms in land management, particularly the introduction of advanced geo-mapping systems, which have improved transparency and accountability. According to him, the reforms prevent multiple allocations, enhance tax remittances, and strengthen investor confidence by ensuring reliable land data.
Governor Abiodun also stressed his commitment to direct investor engagement, describing himself as the State’s “Chief Marketing Officer.” He emphasized Ogun’s comparative advantages, including its proximity to Lagos, established industrial base, skilled workforce, and investor-friendly policy environment.
“As Nigeria’s industrial gateway, Ogun State is cementing its place as one of Africa’s most attractive destinations for investment and innovation. By leveraging private sector expertise and a forward-looking development strategy, Ogun has emerged as a model for how subnational governments can thrive in a challenging economic environment,” the governor said.
Foxconn’s consideration of Ogun’s SAPZ highlights the State’s growing appeal to multinational corporations seeking to expand into Africa. It also underscores the breadth of opportunities available in ICT, industrial development, agriculture, and real estate.
The engagement with Foxconn reinforces Ogun’s determination to showcase itself as a global destination for investment. With strong policies anchored on technology, transparency, and accountability, the State is positioning itself as a preferred choice for international investors.
Tayo Mabeweje Tayo
Senior Special Assistant (Media)
Office of the Governor,
Ogun State
