Billionaire businessman Tayo Amusan’s journey as an entrepreneur is far from over. The Chairman of Persianas Group —a conglomerate with diverse subsidiaries in real estate and retail business— is always setting his sights on new horizons and pursuing opportunities for growth and expansion.
The Ogun State-born billionaire has become a true icon in the entrepreneurial landscape. He aims to create lasting legacies, not only in the business world but also in the realms of art, culture, and philanthropy. He envisions a future where his contributions would have a lasting impact on society and inspire generations to come. One of such was his decision to create and invest in Africa’s first purpose built entertainment and sports arena of international standard where major events like concerts can be held. According to Amusan, Nigeria with its young and rapidly growing population of over 220 million and a vibrant music scene has never had its own dedicated arena. He decided to change the course of history with the $100 million 12,000-capacity monumental indoor centre for entertainment and sports, with a hotel and ample parking space in Lagos, that would be delivered by the end of this 2025.
Spotlight learnt that work on the new arena has reached an advanced stage with many elated enthusiasts anticipating that the growing ‘Detty December’ will further get ‘dettier’ this year with the coming of the massive arena that can host notable international artistes’ gigs.
With aspirations to host more than 200 events each year, the arena is positioned to emerge as Africa’s leading destination for live entertainment. As such it will offer a dedicated space for entertainment and create exciting opportunities for both local and international artists.