Governor Bala Mohammed Visits Ondo, Facilitates $2.6 Billion Investment Prospect
Akure, Ondo State – July 2025
Bauchi State Governor, Senator Bala Abdulkadir Mohammed, has paid a courtesy visit to the Ondo State Governor, Lucky Aiyedatiwa, at the Government House in Akure, where he introduced a high-profile investor with major plans for economic expansion in the Southwest region.
The Bauchi Governor was accompanied by Dr. Abbas Waziri, the Managing Director of Resident Cement, who is currently establishing a large-scale cement manufacturing plant in Bauchi State. Governor Bala disclosed that Dr. Waziri is also set to invest in Ondo State, with proposals to build a petrochemical facility and a fertilizer plant.
Commending Governor Aiyedatiwa for his progressive leadership style, Governor Bala noted the striking similarities between their developmental blueprints. He described Ondo State’s vision under Governor Aiyedatiwa as closely aligned with his “My Bauchi Project” — a strategic agenda geared towards attracting investments, developing infrastructure, and increasing internally generated revenue to reduce reliance on federal allocations.
“Governor Aiyedatiwa’s forward-thinking approach resonates strongly with what we are doing in Bauchi,” Governor Bala said. “It’s a pleasure to introduce a committed investor like Dr. Abbas Waziri, who has already demonstrated capacity in Bauchi and is now bringing that same energy to Ondo.”
Governor Aiyedatiwa, in his response, warmly welcomed the delegation and expressed gratitude for Governor Bala’s statesmanship in personally facilitating the investment linkage. He lauded the developmental strides in Bauchi State and emphasized the importance of inter-state collaboration in promoting national economic growth.
“I’ve been closely following the progress in Bauchi under Governor Bala Mohammed, and I must say, the results are impressive,” Governor Aiyedatiwa remarked.
Addressing journalists after the meeting, Dr. Abbas Waziri revealed that the proposed petrochemical project in Ondo would cost approximately $2.6 billion. He expressed appreciation for the warm reception and pledged full commitment to delivering on the investment plan.
Abdulwahab Muhammad, SSA Communication