Mamuda Group Nigeria Limited, through its subsidiary Mamuda Beverages, is set to invest $50 million in a new industrial facility in Ogun State, with operations expected to span food, personal care, and agro-processing.
This was disclosed by the Governor of Ogun State, Prince Dapo Abiodun, on his official X handle on Tuesday.
Governor Abiodun described the investment as a major milestone in the state’s industrialisation drive, noting that construction would begin with a foundation-laying ceremony scheduled for next month.