Cement, Politics, and a War of Words in Ogun

Business and politics often create tensions, and in Ogun State, the latest controversy involves former Governor Ibikunle Amosun and Africa’s richest man, Aliko Dangote. The dispute centers on claims that Amosun’s administration twice demolished Dangote’s cement factory in Itori.

In response, Amosun’s media office dismissed the allegations as “mischief,” insisting that no business, including Dangote’s, is above the law. According to Amosun, any demolished structures lacked proper approvals, and he challenged Dangote to provide evidence to the contrary.

Amosun’s team also highlighted his achievements in making Ogun Nigeria’s “Industrial Capital,” attracting over 500 companies and improving the state’s ease of doing business ranking. They recalled former President Goodluck Jonathan’s multiple visits to commission projects, reinforcing Amosun’s economic legacy. However, this dispute now raises concerns about business confidence in the state.

Investors seek stability, and the demolition of multimillion-dollar facilities over regulatory disputes could discourage future investments. While Amosun insists his actions were based on governance principles, Dangote views the issue as a matter of economic certainty.

With both men known for their resilience, the standoff is far from over. In Nigerian politics and business, even billionaires must navigate power struggles carefully. This battle is not just about wealth—it’s about who has the authority to set the rules.

#OtaGossip

Comments

RE: Allegations of Corruption and Thuggery Against the Leader of Ado-Odo/Ota Local Government Legislative Council, Hon. Gbadamosi Mutairu Akanji, ACA, ACIB

Our attention has been drawn to a malicious publication titled “EXCLUSIVE: Ado-Odo/Ota Council Leader in Violent Outburst Amidst Corruption Allegations, Summons Thugs on Colleagues.”

List Of Present Obas ( Kings ) In Ado-Odo Local Government Of Ogun State

The Ado-Odo/Ota Local Government Area is one of the 20 Local Government Areas of Ogun State, Nigeria. Ado - Odo / Ota Local Government (also known as The Local Government of Distinction) and It came into existence on May 19, 1989.

$2.5 billion for Africa’s first Disneyland-style resort - Governor Dapo Abiodun.

Ogun State Governor Dapo Abiodun, has announced that the state have secured a landmark investment of up to $2.5 billion for Africa’s first Disneyland-style resort. While highlighting the state’s rapid economic growth and tourism potential, Abiodun revealed that Ogun’s economy has expanded from N3.5 trillion to N16 trillion over the past six years, ranking it among Nigeria’s fastest-growing economies. In a post via his X handle, the governor credited this growth to strategic investments in infrastructure, basic amenities, and tourism development, noting that Olumo Rock now generates about N20 million weekly following its renovation. The governor further disclosed that MAG Group recently visited Abeokuta and pledged to invest between $1.8 billion and $2.5 billion in hospitality and entertainment projects. The investment plan includes the construction of a Disneyland-style resort, hotels, water parks, and other leisure facilities, marking a major milestone for the state’s tourism sector. ...

Ota Gossip

Search This Blog