Odu’a Group expands business frontiers, opens office in Lagos

In a bid to expand its business frontiers and bridge communication gap between the regional company and the investing community, Odua Investment Company Limited has opened a liaison office in Lagos.

Bimbo Ashiru, Chairman of the conglomerate, who stated this at the inauguration of the office located at Western House on Lagos Island, said that the strategic asset would facilitate easy access to the business community, communication, and a step towards fostering international relationships.

While describing Lagos as first point of call and one of the largest economies, the chairman stated that” the new liasion office is to navigate the ever-evolving landscape of global business with finesses for the company’s drive to be a world class conglomerate”.

“Today marks the culmination of a strategic decision that underscores our commitment to excellence and innovation. The well-furnished offices and board room will act as an information hub for gathering market intelligence, conducting research and facilitating collaboration between OICL and potential business partners.”

According to him, this conglomerate in Lagos liaison office is strategic in firm’s drive towards accelerated growth and expanding the footprint of Odu’a Group as two of our new subsidiaries have their offices within the facility – South West Agribusiness Company (SWAgCo) and South West Innovation and Tech Company (SWIT).

The facilities in the office, he stated, included an executive office, mordern board room with teleconference equipment, lounge, meeting rooms and kitchenettes.

He said the cocoa, unity houses and other properties owned by Odu’a Investment would be remodeled to a world class standard by Wemabod Limited who is now in charge of all the conglomerate properties

Acknowledging the governors of the six Southwest States and members of the Board of OICL for their support over the years , Ashiru noted “their support have been invaluable in shaping the direction of the group”.

Read also: Odua investment declares N1.961bn profit, grows revenue by 7%

He pointed out that the six Southwest states’ governors gave the board and management free hands to operate and never interfere in the affairs and running of the conglomerate.

Abdulrahman Yinusa, new Group Managing Director of Odu’a Investment, said opening the new office marked a significant milestone and a new chapter in the journey of the company.

“This is a testament to our resilience, innovation, and unwavering commitment to excellence. It is a symbol of the collective strength and vision that defines Odu’a Investment Company Limited.
Saying that it would serve as an information hub centre for gathering market intelligence, conducting research as well as he facilitate collaboration between OICL and potential business partners, clients or shareholders.

“Because of this multi-faceted role, we have – South West Agribusiness Company (SWAgCo) and South West Innovation and Tech Company (SWIT) as neighboring offices in facilitating cross-border interactions, fostering international relationship and expanding the frontier of OICL”, he said.

Seye Oyeleye, Director General, Development Agenda for Western Nigeria (DAWN) Commission on his part, stated that “this new office in Lagos, the economic powerhouse of West Africa is therefore not just a geographical expansion. It is a launchpad for greater achievements and a statement of intent that echoes the ambitions of our forebears.”

Oyeleye in his address entitled ” Rekindling the flame of Progress” said “as a close observer and participant in the recent strides made by Odu’a Investment, I am filled with optimism that the organisation is steadily evolving into a global conglomerate, inching closer to its Big, Hairy, Audacious Goal.

“I therefore seek you to draw inspiration from other success stories around the world. Just as Temasek has become a symbol of prosperity for Singapore, we envision Odu’a Investments playing an even more transformative role in our region. We dream of a future where the proceeds from this organisation fund initiatives that guarantee ‘life more abundant’ for all our people.”