The Industrial Platform Remo Free Zone (IPRFZ) has announced plans to generate 40,000 direct jobs in the first phase of its industrial hub development in Sagamu, Ogun State.
IPRFZ, a sustainable, world-class industrial ecosystem, aims to boost exports, enhance trade, and serve as a hub for manufacturing and innovation.
Chief Business Officer of IPRFZ, Prasad Sane, disclosed this on Tuesday during a media briefing in Abeokuta. He noted that the ARISE Integrated Industrial Platforms (ARISE IIP) Group, the project’s parent company, targets over one million jobs across Africa, including Nigeria.
Sane said Nigeria’s large population presents a strategic advantage for industrialisation and manufacturing expansion. He revealed that the first phase of construction is expected to conclude in 2026, with six companies already allocated plots to begin operations by June.
“Our target is to create 40,000 jobs during this phase. We are actively supporting investors in recruiting skilled manpower,” he said.
He added that the zone offers several incentives, including expatriate quota waivers, profit repatriation, preferential tariffs, and one-stop approvals for permits and licences.
Construction is segmented into six sub-phases, with Section 1A — spanning 423 hectares — scheduled for completion by December 2026. Section 1A is currently 38 per cent completed. Six companies have secured land, with two set to commence operations in June.
“So far, six companies are on site, each with its own plant ready for setup,” Sane noted. He added that 115 hectares of the 370 earmarked have been leased to these early-stage clients.
Director-General of Ogun’s Public-Private Partnerships (PPP) Agency, Mr. Dapo Oduwole, outlined the state’s PPP strategy, which is designed to ease the process of doing business.
He highlighted Ogun’s five development pillars: Infrastructure, Social Welfare, Education, Youth Empowerment, and Agriculture.
Oduwole said the state entered into a 45-year PPP agreement with IPRFZ to ensure sustainable industrial development. He explained that the PPP Law enacted in 2019 provides a favourable framework for both local and foreign investors.
“Establishing the PPP office gives investors the assurance that their investments are protected and supported,” he said.
He also mentioned the launch of ‘Open Invest’, a one-stop shop offering investment-related information across all 20 local government areas of the state.
The growing investor interest, he said, is fuelled by Ogun’s business-friendly policies and strategic location.
Earlier, IPRFZ’s General Manager for Construction, Manoj Bargae, led journalists on a tour of the Sagamu-based free zone. He said the zone comprises 333 hectares under the free zone designation, while 90 hectares are non-free zone areas.
IPRFZ is ARISE IIP’s flagship infrastructure project in Nigeria, developed through a strategic partnership with the Ogun State government. The project seeks to fast-track Nigeria’s industrialisation by encouraging local value addition and facilitating trade across key sectors.
