When Wesley Batista and John Coumantaros, representatives of Brazil’s JBS, stepped into the Ogun State Government House in Abeokuta, they weren’t just making a courtesy visit— they were laying the groundwork for a transformative investment.
With the world’s largest protein producer committing $2.5 billion to Nigeria’s livestock sector, Governor Dapo Abiodun saw an opportunity to position Ogun as the nation’s agricultural powerhouse.
On Monday, Governor Dapo Abiodun announced the partnership after meeting with JBS representatives, led by Wesley Batista and John Coumantaros, in Abeokuta.
The JBS of Brazil is the world’s largest protein producer.
Why JBS Chose Ogun State
Abiodun emphasised that JBS’s investment would significantly benefit Ogun State.
“JBS has committed to investing in our livestock sub-sector through a strategic partnership,” he stated.
He then highlighted Ogun’s prime location, well-developed infrastructure, and abundant resources as key factors that attracted JBS.
“Our state offers over 16,000 square kilometres of land, a thriving industrial base, and Nigeria’s best agro-dedicated airport, making it a top investment destination,” he said.
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Economic Reforms
To ensure a smooth investment process, Abiodun explained how his administration had proactively improved road networks, strengthened security, streamlined land acquisition, and advanced power generation.
He claims this development resulted in businesses enjoying the most affordable electricity in Nigeria.
Furthermore, this partnership directly supports President Bola Ahmed Tinubu’s economic reforms, which prioritise investment-driven growth, job creation, and food security.
“We remain committed to working closely with the federal government to drive economic growth and sustainable development,” the governor added.
Basically, through this collaboration, JBS will expand Ogun’s agricultural landscape by boosting livestock production, modernising slaughterhouses, and enhancing piggery, poultry farming, and agricultural value chains.
Ultimately, this investment will position Ogun as a powerhouse in Nigeria’s livestock sector, creating jobs, increasing food production, and strengthening food security.
