THE ONDO ADVANTAGE

Our Vision is Building Ondo State into a Hub of Investment Opportunities in West Africa!

Ondo state has 12% of Nigeria’s crude oil reserves with potential for extraction, refining and marketing. The availability of 80% arable land in the state also facilitates large scale production of cash and food crops. Presently Ondo accounts for over 40% of all cocoa export from Nigeria which can be processed to chocolate and beverages. In addition, Ondo state has 75km coastline for maritime activities, fishing and tourism. Besides, Port Ondo will be the deepest sea port in Nigeria with a draft of 16-18 metres with the capability to efficiently handle large commercial vessels, providing a crucial link to global trade

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OIL & GAS
12% of Nigeria’s crude oil reserves, with potential for extraction, refining and marketing
FERTILE LAND FOR AGRICULTURE
80% arable land which facilitates large scale production of cash and food crops
MASSIVE BLUE ECONOMY POTENTIAL
75km coastline for maritime activities, fishing and tourism
LINK TO GLOBAL TRADE
Port Ondo will be the deepest sea port in Nigeria with a draft of 16-18 metres 18m, will efficiently handle large commercial vessels, providing a crucial link to global trade
LARGEST PRODUCER OF COCOA
Responsible for over 40% of all cocoa export from Nigeria which can be processed to chocolate and beverages
ENERGY GENERATION
Hosts 64 km of the natural gas infrastructure in Nigeria from which intending power generating companies can source for thermal generating plants.
ABUNDANT NATURAL RESOURCES
Commercially exploitable mineral resources such as bitumen, hydro-carbon, kaolin, limestone, bulk clay, silica sand and granite
SKILLED WORKFORCE


  • Federal University of Technology in Akure (FUTA) is ranked third best in the country

  • Ondo State hosts the best state-owned university in Nigeria


STRATEGIC LOCATION


  • Functional local airport, 30 minutes away from Lagos, Nigeria’s commercial capital which provides businesses with access to a large market and transportation hub.

  • It is also a nodal state with transit traffic to the southern, eastern and northern parts of Nigeria


CONDUCIVE BUSINESS ENVIRONMENT


  • Generous tax incentives

  • One-stop shop to assist investors with all investment needs

  • Non-stuffy land registration process

  • Ranked No 8 in World Bank subnational ease of doing business in 2020

  • Deliberate protection of investments through our legal framework


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Investment House, Alagbaka, Akure, Ondo State
contact@ondipa.org

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FREE CONSULTATION

ONDIPA was structured to meet all corporate best practices to ensure seamless integration of potential investors, development partners and investments into the growth and development of the Ondo State economy.

Copyright © ONDIPA 2023

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