$2.5b cotton factory to launch in Ogun with potential to create 250,000 jobs

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A $2.5 billion cotton processing plant, described as the largest in the world, is set to begin operations in Ogun State under the Renewed Hope Cotton Resurgence initiative. Governor Dapo Abiodun disclosed this at the launch of the Agriconnect Mini programme in Abeokuta.

The factory will have the capacity to process 1,000 tonnes of cotton daily and produce up to four million garments per day. According to the governor, it will generate about 250,000 direct and indirect jobs when fully operational. The groundbreaking ceremony, to be performed by President Bola Ahmed Tinubu, is expected in the next 60 days.

Speaking during the Agriconnect launch, Governor Abiodun highlighted the importance of the new digital platform in empowering farmers through mobile-enabled agricultural intelligence. The initiative is a collaboration between the Federal Ministry of Communications, Innovation and Digital Economy, Ogun State Government, and telecom firms.

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“Agric-connect is not just about productivity. It’s about creating a tech-driven ecosystem that equips farmers with information on what to plant, when to plant, and how to access markets,” Abiodun said.

He added that 1,000 farmers registered under the Ogun State Farmers’ Information Management System would benefit from the scheme.

Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, said the Federal Government’s agricultural strategy targets the cultivation of 500,000 hectares of land, stressing that innovation and precision are vital for productivity.

Commissioner for Agriculture, Bolu Owootomo, noted that the Agric-connect platform integrates digital innovation into traditional agriculture, helping farmers become not just food producers but entrepreneurs in a modern economy.

The cotton factory and Agric-connect programme are expected to boost the state’s agricultural output, improve food security, and position Ogun as a hub for textile and garment manufacturing.


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