Lee Group plans $1.8bn Ogun industrial park with 29 factories and 2,500 jobs
- Lee Group of Companies plans a $1.8 billion industrial park on 450 hectares along the Lagos-Ibadan Expressway in Ogun State.
- The park is expected to host more than 29 factories and create over 2,500 direct and indirect jobs.
- Governor Dapo Abiodun is expected to perform the groundbreaking on Thursday, November 12, 2026.
A new industrial park planned for Ogun State is expected to host more than 29 factories and create over 2,500 direct and indirect jobs, according to the developers, Lee Group of Companies Ltd.
The project, called the First Industrial Park, is valued at $1.8 billion and sits on 450 hectares along the Lagos-Ibadan Expressway, within the Sagamu and Obafemi-Owode local government areas.
Governor Dapo Abiodun is expected to perform the groundbreaking ceremony on Thursday, November 12, 2026. Former President Olusegun Obasanjo, the Minister of Trade and Investment, traditional rulers, diplomats and industry leaders are also expected to attend, according to the project information.
What will be built there
The park is designed for manufacturing across several sectors, including soap and detergent production, PVC leather, footwear, mould manufacturing, food processing, cosmetics, recycling and export-oriented industries.
Beyond factories, the plan includes administrative offices, residential facilities, power and utility stations, banks, shopping malls, showrooms, bonded warehouses, truck and trailer parking bays, conference centres and recreational facilities.
Aspira Products Stand, a Lee Group subsidiary described in the project information as West Africa's largest detergent company by market share, plans to set up its West African regional office inside the park.
The developers put the park's gross development value at $3 billion. The sources did not give an exchange rate, so the naira equivalent cannot be stated.
Why it matters for Nigerians
For ordinary Nigerians, the promise is jobs: construction work first, then openings for skilled and unskilled workers, young people and women once factories open. Small and medium businesses are also expected to supply goods and services to companies in the park.
The location near the Sagamu Interchange is meant to give businesses access to major markets and transport routes for raw materials and finished products. Communities around Sagamu and Obafemi-Owode are expected to see more demand for transport, freight, vehicle repairs, accommodation, restaurants and fuel.
The developers say the project's sustainability plan will cover resource efficiency, waste reduction, recycling and engagement with host communities.
What happens next: the November 12 groundbreaking formally starts the project. The sources did not say when construction will be completed or when the factories will open.
