The Abiodun Effect: Infrastructure, industry a ADC Ogun’s economic transformation, By Kayode Akinmade

Ogun State ranked second in Nigeria’s 2025 State Performance Index (pSPI) due to Governor Dapo Abiodun’s economic reforms, with GDP rising from ₦2.9 trillion in 2019 to ₦7.3 trillion in 2024 and Internally Generated Revenue (IGR) projected to reach ₦500 billion by 2026. The state’s transformation includes over 1,700 km of new roads, tax digitization, and a ₦1.054 trillion budget focused on capital projects like infrastructure, education, and healthcare under the ISEYA framework.
Ogun State secured second place in Nigeria’s 2025 State Performance Index (pSPI), trailing only Lagos, according to Phillips Consulting. The ranking reflects measurable progress under Governor Dapo Abiodun’s administration since his inauguration on 19 May 2019, driven by infrastructure investments, industrialization, and fiscal reforms. The pSPI combines 70% objective data—covering fiscal management, infrastructure, healthcare, education, and economic output—with 30% citizen perception surveys, validating Ogun’s economic transformation. The state’s GDP surged from ₦2.9 trillion in 2019 to ₦7.3 trillion in 2024, with projections nearing ₦17 trillion by 2025. Internally Generated Revenue (IGR) also grew from ₦50.6 billion in 2020 to ₦192 billion in 2024, targeting ₦250 billion in 2025 and ₦500 billion by 2026. This growth stems from tax digitization, eliminating multiple taxation, and expanding industrial activities. Ogun’s 2025 budget of ₦1.054 trillion allocates over ₦600 billion to capital projects, prioritizing infrastructure, education, and healthcare. Road infrastructure has been a key focus, with over 1,700 km of roads constructed or rehabilitated since 2019. Major projects include the Abeokuta-Sagamu Expressway and the Lagos-Ota-Abeokuta Expressway, which resumed after decades of delays. Industrial and agricultural corridors in Ifo, Sango-Ota, Idiroko, Remo, Yewa, and Ijebu have also seen improvements, enhancing trade and investment. Governor Abiodun’s ISEYA agenda—Infrastructure, Social Investment, Education, Youth Empowerment, and Agriculture—guides development. The framework emphasizes inclusive growth through healthcare revitalization, teacher recruitment, school rehabilitation, small business support, youth skills programs, and agricultural interventions. Citizen perception surveys in the pSPI indicate residents are experiencing tangible benefits from these initiatives.
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