Ogun State Governor, Dapo Abiodun, has disclosed that President Bola Tinubu would perform the groundbreaking for the establishment of the biggest cotton and polyester processing factory in the world at the Special Agro Processing Zone located at the Gateway International Airport, Iperu/Ilisan area of the State.
Speaking while receiving the former Accountant General of the Federation, Mrs. Oluwatoyin Madein, and members of the Iperu Development Association in his office at Oke-Mosan, Abeokuta on Wednesday, Governor Abiodun said the factory, which is under the “Renewed Hope Cotton Resurgent Initiative,” would sit on 400 hectares of land and would employ about 250,000 people daily.
He said, “In the next 30-45 days, we will be doing the groundbreaking of the Renewed Hope Cotton Resurgent Initiative that will be done by Mr. President himself. It is going to be a bigger factory, and it will be the biggest cotton and polyester processing factory in the world.
“It will employ 250,000 people per day. The promoters of this factory went around the whole state, and they decided that this is the place they want to site this factory because of the existing infrastructure like the airport, proximity to consumers, and the ability of raw materials to come in centrally.