Abeokuta City Centre Completion Will Aid Ogun state Economy: Egba Economic Summit Urges Gov. Dapo Abiodun

EGBA ECONOMIC SUMMIT GROUP PLEADS WITH GOVERNMENT & OTHER STAKEHOLDERS TO RESUSCITATE ABEOKUTA CITY CENTRE.

Oke Ilewo in Abeokuta well  known as the  commercial nerves of Abeokuta and ahead of Sapon in terms of elite activities and also  the closest to Ibara GRA in terms of Value and Standard.

It serves as the cluster for  Banks in the state Capital.

Apart from that,  it use to be the state secretariat.

As a matter of fact the Governor's office use to be at Oke Ilewo and that should be a tourist centre today for Generation unborn to visit and connect with the history of the state creation.

OPIC and other major entities are currently at the same Oke Ilewo.

First Avenue Road in Ibara GRA which was renamed as Aderupoko but still carties the old name flows directly from OPIC and Housing Corporation passing through Gateway Mortgage Bank.

In the design of Abeokuta City Centre, Access Bank and GTBank  were meant to build their Regional Offices and GTBank Plc has fulfilled that promise with the most gagantic structure in the city centre .

The place consist of shopping Malls and Amphi-Theatre if completed.

Around the City Centre is Nigerian Police Mobile Force,  Zone 2.

The Central Bank of Nigeria and Simeon Adebo Library are all in the area.

Overlooking the City Centre is the house of the former Interim Head of State , Chief Earnest Shonekan...That is another tourist centre .

Like GTB imposing Regional structure , the city Centre should consist of Structures like Providus Bank standing in the opposite not far from OPIC round about.

However, it appears no one is thinking about the economic impact of the dilapidated  state of the project.

Apart from that,  it has security implications.

Although there are issues around the purpose for which land was released for secretariat many years back  and the need to carry original owner along if there is a change of use. Development of the City Centre as a project that can uplift the economy of Ogun State and the state Capital appears as a good public interest and can be made to override other personal desire and interest if proper dialogue is adopted in form of arbitration.

Moreover, security and Economic well-being of Ogun State is more important than any other personal interest.

In view of this, the Egba Economic Summit Group hereby PLEAD  with all stake holders and in deed, the Government of Ogun State to find solution to the crisis and revive the project so that Abeokuta and in deed Ogun State can benefit from the Economic impact of that Centre.

The summit is willing to play vital  role in resolving the dispute in collaboration with all our major traditional Rulers in Ogun Central Senatorial District.

The place is dirty and does not befit the area to have such around a regional bank, CBN and OPIC building. 

We must copy Lagos in ensuring no  asset is allowed to waste away .

Our team visited the area on Monday 5th January, 2026 and the pictures taken from various elevation of  the Structure indicates that if nothing is done urgently,  the place will become a hide out for criminals.

We hereby plead with the Government of Ogun State and all stake holders to sit on a round table in the interest of the overall economic well being of our state.

The state Capital should not have this kind of asset wasting away after spending hundreds of millions or even billions  whether from government purse or Private pocket.

Without any partisan consideration; we plead with Government and all stake holders to come to a round table and get this matter resolved.We are willing to nominate our members to join in finding lasting solution to this problem.The location of the city centre is too unique and special to be left abandoned to rot way.

Court cases( if any) should be withdrawn and all matters should be settled out of court in the interest of the economy and security of the state Capital.

While wishing all Egbas and  all  Ogun State indigenes Happy New year,  we pray and request  that Government and all well-to- do people from Ogun State should  invest in the development of our dear Gateway State in 2026 in various sector of the economy based on comparative advantage of Ogun State.

Signed .

Dr.Gbenga Adeoye.
LLB, LLM, BL, MSc.
FCTI, FCA, PhD.

President Egba Economic Summit Group.

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