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Happening Now! Odu’a Group Celebrates 40th Anniversary Today

Odu’a Investment Company Limited will hold her 40th Anniversary Lecture/Awards Presentation Ceremony on Thursday, 8th December, 2016 at the Banquet Hall of Premier Hotel, Mokola Hill, Ibadan, Nigeria.

Prof. Wale Omole, former Obafemi Awolowo University Vice Chancellor will be delivering a lecture at the anniversary while former Nigerian High Commissioner in the United Kingdom, Dr Christopher Kolade, chairs the lecture. The six Southwest governors will be special guests.


The investment company of the six Southwest states, Odu’a Investments Limited, has revealed its plan to become a major player in the global economy within the next 40 years.

The Group Managing Director (GMD), Adewale Raji, said this at a briefing on the activities of the conglomerate’s 40th anniversary.

Mr Raji, who agreed that the vision of the founding fathers has not been fully achieved, said the Board and Management of the company were seeking new ways to strengthen the company and its various subsidiaries.
The GMD said a company, such as Samsung, is a regional business organisation like Odu’a.
He said the managers of the company worked hard to make it a successful participant in the national stage before moving to the global stage.

Today, Raji said, Samsung products are some of the most popular in the world.
Emphasising that the vision of supporting the economic development of the region has not changed, Raji said Odu’a was better positioned at inception than now.
He said the company would sustain its efforts to develop the capabilities of its people and create more jobs.
All these, he said, were aimed at reinvigourating Odu’a as a global conglomerate.
The three military governors of the old Oyo, Ondo and Ogun states, who chose to incorporate the investments of the defunct Western State into a conglomerate named Odu’a Investments Limited in October 1976, will be honoured at the event. These are some of her subsidiaries and associated companies:


FOOD AND BEVERAGES – Cocoa Industries Limited
 HOTEL & CATERING – Lagos Airport Hotel; Premier Hotel; Lafia Hotel
 REAL ESTATES – Wemabod Estates Limited
 TELECOMMUNICATIONS – Odu’a Telecoms Limited (O’NET)
 ENGINEERING SERVICES – E&O Power and Equipment Leasing Limited
 PRINTING & PUBLISHING – Odu’a Printing & Publishing Company Limited
 FINANCIAL SERVICES – Glanvill Enthoven & Co. (Nig) Limited
MANUFACTURING – Epe Plywood Industries Limited
LEISURE SERVICES – Odu’a City Hall (located within Lafia Hotel)
FARMERS’ ACADEMY – ODU’A Commercial Farmers’ Academy
 OTHERS – Epe Plywood Industries Limited; Ire Clay Products Limited;

Associated Companies

  • Nigerite Limited
  • West African Portland Cement Plc (WAPCO)
  • Wema Bank Plc
  • Crittal Hope Nig. Ltd
  • Nigerian Wire & Cable Plc
  • Great Nigeria Insurance Plc
  • Tower Aluminum (Nig) Plc
  • Nigeria Construction & Water Resources Development Co. Ltd
  • Bitumen Exploration & Exploitation Company Nigeria Limited
  • Askar Paints (Nig) Ltd

Click here for more information about Odu’a Investment Company Limited

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Written by How Africa News

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