Ondo Government, Investors Seal $50bn Deal On Refinery, Free Trade Zone

Leadership | 06-11-2025 04:28am |

The Ondo State government, led by Governor Lucky Aiyedatiwa, has formalised a $50 billion investment agreement with an international consortium under the Sunshine Infrastructure Joint Venture (JV) to position the state as a major industrial hub in Nigeria. The deal involves global partners such as Backbone Infrastructure, MJ Care Investment Finance, China Harbour and Honeywell

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