Post-renovation: Olumo Rock monthly revenue matches previous yearly total - Abiodun

Ogun State Governor, Prince Dapo Abiodun has revealed that the Olumo rock resort in Abeokuta is experiencing remarkable growth since the renovation of the facility.

The Governor stated that the popular tourist site, which once generated a paltry N20 million yearly, is now bringing in that same amount on a weekly basis.

Governor Abiodun pointed to the Olumo Rock turnaround as proof that investing in tourist sites can significantly boost both revenue and economic development. The surge in visitors has exceeded expectations, showing a clear demand for well-maintained and functional leisure facilities in the state.

The governor's comments came during a meeting with representatives of the Mac Group, who have pledged a massive investment of $1.8 billion to $2.5 billion in the state.

The group plans to develop a resort that could include a Disneyland-style park, a first for Africa, along with hotels and water parks.

This new investment, coupled with the success of Olumo Rock, reinforces Abiodun’s claim that Ogun State's economy has quadrupled from N3.5 trillion to N16 trillion in the last six years, making it one of Nigeria's fastest-growing economies.

The Governor assured the investors that Ogun State offers the ideal environment for such a project, with its large land mass, strong infrastructure, and human capital.