OGUN STATE COURTS MULTI-MILLION DOLLAR FORESTRY INVESTMENT AS LEE GROUP, SMART WOOD COMPANY SIGNAL STRATEGIC PARTNERSHIP - THE BUSINESS PACKAGE

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Wednesday, June 10, 2026

OGUN STATE COURTS MULTI-MILLION DOLLAR FORESTRY INVESTMENT AS LEE GROUP, SMART WOOD COMPANY SIGNAL STRATEGIC PARTNERSHIP



By Abiola Ogundeko | Abeokuta, Ogun State.

Ogun State has reaffirmed its commitment to sustainable economic growth and environmental stewardship following discussions with representatives of Lee Group and Smart Wood Company over proposed investments in the state’s forestry sector.

Receiving the delegation, which included Mr. Andrew Tam, Otunba Tunji Lawal-Solarin, and members of their team, the state government described the visit as a significant step toward unlocking new opportunities within Ogun’s natural resource and forestry value chain..

The  expressed optimism over the companies’ interest in committing substantial investment resources to the development of forest-related activities in the state, noting that the initiative aligns with Ogun State’s broader development agenda focused on economic transformation, job creation, and environmental sustainability.

Speaking during the engagement, the government emphasized that the proposed partnership extends beyond financial investment and represents an opportunity to strengthen sustainable livelihoods, deepen local economic participation, and promote responsible management of forest resources for future generations.

The administration also reiterated its readiness to create an enabling environment that supports responsible investment and ensures that strategic collaborations deliver measurable benefits to both communities and the wider economy.

According to officials, the proposed engagement reflects the state’s commitment to attracting credible investors whose expertise and long-term outlook can contribute meaningfully to inclusive growth and sustainable development.

Welcoming the delegation as partners in progress, the government expressed confidence that the collaboration would create lasting value and advance Ogun State’s vision of building a stronger and more prosperous future through shared commitment and strategic partnerships.

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