Tinubu Promises Investment Stability at Ogun State MoU Signing

President Bola Ahmed Tinubu assured both domestic and foreign investors that the Federal Government would maintain regulatory clarity and policy stability to foster a predictable business environment in Nigeria. This assurance was made during a signing ceremony in Paris, France, where Memoranda of Understanding were signed between the Ogun State Government and DP World to develop the Ogun State Blue Marine Special Economic Zone and the Gateway Deep Seaport.

The Ogun State delegation was led by Governor Dapo Abiodun and included key officials such as Secretary to the State Government Tokunbo Talabi. President Tinubu described the MoU as a collaboration of vision, expertise, capital, and execution capacity, with an initial investment exceeding $7 billion expected to create over 50,000 direct jobs.

He emphasized the government's commitment to facilitating the projects and ensuring accountability among all parties involved, marking a significant step in attracting foreign direct investment and enhancing Nigeria's maritime trade and industrial capacity.