The Board of Odu’a Investment Company Limited (OICL) has extended its heartfelt appreciation to Lagos State Governor, Babajide Sanwo Olu, for his administration’s continued support in fostering the growth and repositioning of the company. During a recent courtesy visit to the governor at the Lagos House in Ikeja, OICL's Chairman, Otunba Bimbo Ashiru, led the board in applauding the state’s efforts in advancing infrastructural development, quality education, and healthcare.
During the meeting, Ashiru introduced the company's new Group Managing Director, Mr. Abdulrahman Yinusa, and highlighted the group's steady progress. Odu’a Investment, which has been expanding its operations, recently received an upgraded rating from Agusto & Co., moving from an A to A+ rating. One of the group's significant achievements has been the ongoing renovation of Premier Hotel, which is set to become a world class hotel with cutting-edge facilities.
Ashiru expressed gratitude to the six governors of the southwestern states for their commitment to the group, particularly in appointing individuals of high integrity and strong reputations to its board. He emphasized that the caliber of leadership in OICL has been instrumental in the company’s growth.
In response, Governor Sanwo Olu commended the leadership of Odu’a Investment for their pivotal role in steering the company toward success. He recognized the board’s strategic decisions, which have consistently taken the group to new heights, and acknowledged the importance of supporting the Development Agenda for Western Nigeria (DAWN) Commission.
Governor Sanwo Olu reiterated his administration’s commitment to helping Odu’a Group compete at both regional and international levels, stating, Odu’a Group brings back fond memories to the South West. We are proud of what you have done, and we believe you can compete with other global companies.
The governor also called for increased collaboration among the South West governors to further enhance the legacy and growth of Odu’a Investment. He urged his counterparts in the region to unite in supporting the company's vision of becoming a world-class conglomerate, noting that such unity would ensure the company’s growth benefits future generations.
We are ready to help you realize the vision for the group. As South West governors, we should strengthen our collaborative efforts and see to the growth and development of Odu’a, enhancing the legacy for future generations, Sanwo Olu added.
As Odu’a Investment Company Limited continues its repositioning journey, the partnership with the Lagos State Government and other South West states promises to be instrumental in the company’s continued growth. With the right leadership and regional cooperation, Odu’a Group is poised to reach new heights, strengthening its legacy as a leading conglomerate in Nigeria and beyond.
Governor Sanwo Olu’s commitment to the group reinforces the shared vision of transforming Odu’a Investment into a globally competitive entity, capable of contributing to the economic growth of the South West region and setting a standard for other companies in Nigeria.