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Governor Bala Mohammed Introduces $2.6 Billion Investor to Ondo Governor Aiyedatiwa

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By: Daure David

In a significant move to deepen inter-state collaboration and drive economic growth, Governor Bala Mohammed of Bauchi State paid a courtesy visit to the Government House in Akure, where he introduced a major investor to his Ondo State counterpart, Governor Lucky Aiyedatiwa.

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His Excellency Senator Bala Abdulkadir Mohammed was accompanied by Dr. Abbas Waziri, Managing Director of Resident Cement, who is currently developing a cement factory in Bauchi State. The visit was aimed at fostering investment ties between the two states and facilitating the expansion of Dr. Waziri’s business interests into Ondo.

Governor Bala Mohammed Introduces $2.6 Billion Investor to Ondo Governor Aiyedatiwa

Speaking during the meeting, Governor Bala Mohammed lauded Governor Aiyedatiwa’s visionary leadership, highlighting strong parallels between Ondo State’s developmental agenda and the “My Bauchi Project” his administration’s blueprint for attracting private investment, expanding critical infrastructure, and enhancing internally generated revenue.

“I see a great synergy between what you are doing here in Ondo and what we are driving in Bauchi,” Governor Mohammed said. “Governor Aiyedatiwa’s commitment to sustainable development is not only commendable but inspiring.”

Governor Bala Mohammed Introduces $2.6 Billion Investor to Ondo Governor Aiyedatiwa
Governor Bala Mohammed Introduces $2.6 Billion Investor to Ondo Governor Aiyedatiwa

He then introduced Dr. Abbas Waziri as a “dedicated and forward-thinking investor” whose cement factory in Bauchi is already nearing completion. According to Governor Mohammed, Dr. Waziri is now exploring opportunities to invest in Ondo State, particularly in the petrochemical sector and fertilizer production.

Governor Aiyedatiwa, in his response, warmly welcomed the delegation and expressed gratitude to Governor Mohammed for personally introducing the investor. He praised the Bauchi Governor for his progressive governance style, noting that he has been following his work with keen interest.

“This kind of inter-state collaboration is exactly what we need to unlock the full potential of our economy,” Governor Aiyedatiwa said. “We are open for business, and we welcome genuine investors ready to partner with us for the development of Ondo State.”

Addressing journalists after the meeting, Dr. Waziri disclosed that the proposed petrochemical project in Ondo would be worth approximately $2.6 billion. He described the state as an ideal location for industrial growth, citing its rich natural resources and strategic coastal access.

“I want to thank His Excellency, Governor Aiyedatiwa, for the opportunity to present our plans,” Dr. Waziri said. “We are confident in the prospects here in Ondo State, and we are committed to making this investment a reality.”

The high-level visit signals a growing trend of subnational cooperation in Nigeria, aimed at leveraging local resources, enhancing economic competitiveness, and reducing dependence on federal allocations by state governments.

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