OLUMO ROCK NOW GENERATES N20M WEEKLY – GOV ABIODUN

Written by on September 22, 2025

An image of Dapo Abiodun

Photo File: Dapo Abiodun

Ogun State Governor Dapo Abiodun says the newly renovated Olumo Rock tourist centre now generates about ₦20 million weekly, a sharp rise from the ₦20 million annual turnover it recorded before its facelift.

 Abiodun made the disclosure on Friday while receiving the management team of MAG Group, led by its strategic adviser, Mr Fayad Fayad, at his office in Oke-Mosan, Abeokuta.

The governor attributed the rise in revenue to increased tourist traffic following the site’s renovation, noting that online registration has been introduced to regulate daily visitors and prevent stampedes.

Over the last six years, we have grown Ogun State’s economy from ₦3.5 trillion to ₦16 trillion, making us one of the fastest-growing economies in Nigeria,” Abiodun said. “This growth reflects our deliberate efforts in infrastructure, basic amenities, and the revitalisation of tourism, with Olumo Rock now generating about ₦20 million weekly after its renovation.

He added that his administration plans to further invest in recreation centres, game villages, and state-of-the-art hotels to serve residents and visitors from neighbouring states.

In response, MAG Group’s strategic adviser, Fayad Fayad, announced that the company was ready to invest over $1 billion in recreation, hotels, and tourism projects in Ogun State. He expressed optimism that the move would generate jobs and boost the state’s economy.

 


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