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Odu’a Group To Begin Oil Exploration - Politics - Nairaland

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Odu’a Group To Begin Oil Exploration by FreeStuffsNG: 1:29am On Jul 01, 2023
Odu’a Plans Oil Exploration, Focused To Be Engine Room of Business In SouthWest


The Chairman, Odu’a Group, Bimbo Ashiru, said on Tuesday that it was planning to partner with the governments of the six South West states on power generation and distribution to improve power generation and distribution in the region.

Ashiru also said the group would soon begin oil exploration and production as part of efforts to boost the potentials of the group, reposition it and as well sustain the legacies of the founding fathers.

The Odu’a boss, who spoke in Ado Ekiti during a visit to Ekiti State Governor, Biodun Oyebanji, also assured that the board and management were working round the clock to revive the group’s investments and establishments which had been abandoned.

He said that the decision to partner the South West governments on power followed President Bola Tinubu’s signing of Electricity Law, which authorised states, companies and individuals to generate, transmit and distribute electricity.

This, he said, was to boost electricity supply to the South West and by extension, enhance the commercial activities in the region.

Ashiru said, “Odu’a won the marginal field OML 95 on Ondo State. That is one of the things we are working on.”

According to him, the group had entered into partnership with an oil company for deeper and marginal exploration and production of oil with the aim of boosting fuel supply in the country.



He said, “We are here to let you know what we are doing. Our focus is to be the engine room of the business in the Southwest. We are here to support Ekiti State. Thank you, Mr Governor for approving the Certificate of Occupancy of our land in Oke Ako.

“We have taken all the complaints made by the governor. We are going to work on them. In the next few years, Odu’a presence will be felt here in Ekiti State.”

https://punchng.com/odua-plans-oil-exploration/

108 Likes 2 Shares

Re: Odu’a Group To Begin Oil Exploration by FreeStuffsNG: 1:29am On Jul 01, 2023
Odu’a Investment Company Limited also known as OICL is a strategic investment and asset management firm founded in 1976 by the Yoruba to hold and manage the industrial and commercial assets of companies owned by the government of the Yoruba Western State of Nigeria. Its creation was brought about after Yoruba new states were carved out of the Western State in 1976 and it began operations with inherited assets of the Western Nigeria Development Company.
Odu’a is jointly owned by the 6 Yoruba South West states of Ondo, Ekiti, Osun, Oyo, Ogun, and Lagos.

Subsidiaries of Odua Investment Group include
Lagos Airport Hotel
Wemabod Estates
Western Hotels
Cocoa Industries Ltd
E&O Power and Equipment Leasing Limited
WestLink Integrated Agriculture.

Odu’a Group owns significant shareholding in some associate companies like Lafarge Plc, Wema Bank, SKG Pharma, Critall-Hope, Nigerite, Tower Aluminium, Ire Clay etc

Now is the best time to invest in Yorubaland!

Thank you Pa Awolowo

https://www.youtube.com/watch?v=I_AN89qoKDU

God bless Nigeria for ever!
Check my signature for free stuffs!

148 Likes 8 Shares

Re: Odu’a Group To Begin Oil Exploration by Kapeter(m): 1:46am On Jul 01, 2023
Chief Awolowo could have died in the beloved Azukawere one Nijeriya but his love for Yorubaland home and abroad can never die, His ideology for the betterment of Yorubaland and every Yoruba person can never die. It lives forever on in the heart of O'dua group and DAWN Commission. Even though both are slow to respond to the betterment of the Yoruba lives and property (even though all thanks to those folks that made sure one nijeriya stand unless would amount to nothing as a people and if they do not seek the destruction of Yorubas day in day out would have never amount to anything) but then they are doing all that they can. May God help their leaders to do the right things only just as he put it in the heart of Chief Obafemi Jeremiah Awolowo. Amen.

101 Likes 8 Shares

Re: Odu’a Group To Begin Oil Exploration by Westerhoffe(m): 3:36am On Jul 01, 2023
O'odua gaining ground and setting pace.
If only some other people would follow suit.
Yorubas are still the most intelligent in Nigeria.

Tribe of the Lions.

For those quoting and attacking me, forget it… you won't understand until it stares at you.

91 Likes 10 Shares

Re: Odu’a Group To Begin Oil Exploration by Abufo: 3:47am On Jul 01, 2023
FreeStuffsNG:
Odu’a Plans Oil Exploration, Focused To Be Engine Room of Business In SouthWest

29th June 2023

By Abiodun Nejo

The Chairman, Odu’a Group, Bimbo Ashiru, said on Tuesday that it was planning to partner with the governments of the six South West states on power generation and distribution to improve power generation and distribution in the region.

Ashiru also said the group would soon begin oil exploration and production as part of efforts to boost the potentials of the group, reposition it and as well sustain the legacies of the founding fathers.

The Odu’a boss, who spoke in Ado Ekiti during a visit to Ekiti State Governor, Biodun Oyebanji, also assured that the board and management were working round the clock to revive the group’s investments and establishments which had been abandoned.

He said that the decision to partner the South West governments on power followed President Bola Tinubu’s signing of Electricity Law, which authorised states, companies and individuals to generate, transmit and distribute electricity.

This, he said, was to boost electricity supply to the South West and by extension, enhance the commercial activities in the region.

Ashiru said, “Odu’a won the marginal field OML 95 on Ondo State. That is one of the things we are working on.”

According to him, the group had entered into partnership with an oil company for deeper and marginal exploration and production of oil with the aim of boosting fuel supply in the country.



He said, “We are here to let you know what we are doing. Our focus is to be the engine room of the business in the Southwest. We are here to support Ekiti State. Thank you, Mr Governor for approving the Certificate of Occupancy of our land in Oke Ako.

“We have taken all the complaints made by the governor. We are going to work on them. In the next few years, Odu’a presence will be felt here in Ekiti State.”

https://punchng.com/odua-plans-oil-exploration/
Mynd44 nlfpmod






Odua preparing wella to milk Niger delta dry..........wetin concern agbero with overload......!!! Ndigbo have bigger fish to fry!

16 Likes 5 Shares

Re: Odu’a Group To Begin Oil Exploration by YemyTemmy: 3:52am On Jul 01, 2023
Abufo:







Odua preparing wella to milk Niger delta dry..........wetin concern agbero with overload......!!! Ndigbo have bigger fish to fry!

Head truly dey pain you, is Ondo start part of Biafra land?

136 Likes 10 Shares

Re: Odu’a Group To Begin Oil Exploration by ratilokper: 5:23am On Jul 01, 2023
Nice one from them

3 Likes 1 Share

Re: Odu’a Group To Begin Oil Exploration by omowolewa: 5:25am On Jul 01, 2023
They should finish the ekectrity and rail project first

7 Likes

Re: Odu’a Group To Begin Oil Exploration by Ikaeniyan0: 5:52am On Jul 01, 2023
Hope it won't just be mere talk like we have been hearing

6 Likes

Re: Odu’a Group To Begin Oil Exploration by Jbleenk: 5:59am On Jul 01, 2023
Southwest Nigeria the pacesetters. God bless.

61 Likes 1 Share

Re: Odu’a Group To Begin Oil Exploration by chatinent: 5:59am On Jul 01, 2023
This is good news.

Development first.

21 Likes

Re: Odu’a Group To Begin Oil Exploration by helinues: 7:03am On Jul 01, 2023
Nice one

Development and progress of SW region is paramount to us

113 Likes 4 Shares

Re: Odu’a Group To Begin Oil Exploration by drlateef: 7:12am On Jul 01, 2023
YemyTemmy:


Head truly dey pain you, is Ondo start part of Biafra land?


That’s what you get with early morning drinking of nkpurum mirin.

106 Likes 4 Shares

Re: Odu’a Group To Begin Oil Exploration by MXrep: 7:23am On Jul 01, 2023
YemyTemmy:


Head truly dey pain you, is Ondo start part of Biafra land?
Ijaw land in Ondo

7 Likes

Re: Odu’a Group To Begin Oil Exploration by MXrep: 7:24am On Jul 01, 2023
helinues:
Nice one

Development and progress of SW region is paramount to us
All na empty propaganda

12 Likes 3 Shares

Re: Odu’a Group To Begin Oil Exploration by helinues: 7:24am On Jul 01, 2023
MXrep:

All na empty propaganda

And why should that be your headache?

117 Likes 3 Shares

Re: Odu’a Group To Begin Oil Exploration by MXrep: 7:25am On Jul 01, 2023
helinues:


And why should that be your headache?
No drop of oil in yorubaland

16 Likes 1 Share

Re: Odu’a Group To Begin Oil Exploration by helinues: 7:27am On Jul 01, 2023
MXrep:

No drop of oil in yorubaland

We have heard.

You can now crawl back to your shell as any development news about SW dey make some of you people having a terrible bad day

140 Likes 8 Shares

Re: Odu’a Group To Begin Oil Exploration by Hoilgbegiri: 7:31am On Jul 01, 2023
helinues:


And why should that be your headache?

A child who still know nothing.


SW oil ? When Yoruba are crawling all around SS and SE looking for wells ? 😂😂😂😂

17 Likes 5 Shares

Re: Odu’a Group To Begin Oil Exploration by Hoilgbegiri: 7:32am On Jul 01, 2023
helinues:
Nice one

Development and progress of SW region is paramount to us

It will only end like the money Buhari wasted exploring and looking for oil in borno

17 Likes 2 Shares

Re: Odu’a Group To Begin Oil Exploration by helinues: 7:33am On Jul 01, 2023
Hoilgbegiri:


It will only end like the money Buhari wasted exploring and looking for oil in borno

That shouldn't be your life problem.

Only those who have the balls always make the moves not like the chest beaters

114 Likes 4 Shares

Re: Odu’a Group To Begin Oil Exploration by Hoilgbegiri: 7:33am On Jul 01, 2023
helinues:


We have heard.

You can now crawl back to your shell as any development news about SW dey make some of you people having a terrible bad day

No single drop and that is why your founding fathers made Edo and delta angry they broke away to become SS.


Fact

Search


Obafemi Awolowo: Hero Of Yoruba, Killer Of Biafra, Betrayed By The North

😂😂😂😂😂

17 Likes 2 Shares

Re: Odu’a Group To Begin Oil Exploration by helinues: 7:34am On Jul 01, 2023
Hoilgbegiri:


A child who still know nothing.


SW oil ? When Yoruba are crawling all around SS and SE looking for wells ? 😂😂😂😂

Stop the trolling and the incoherency at the same time.

You too dey troll on weekends?

90 Likes 2 Shares

Re: Odu’a Group To Begin Oil Exploration by helinues: 7:34am On Jul 01, 2023
Hoilgbegiri:


No single drop and that is why your founding fathers made Edo and delta angry they broke away .


Gosh, so now you wan kpeme about SW development?

Ayam not understanding

95 Likes 2 Shares

Re: Odu’a Group To Begin Oil Exploration by Hoilgbegiri: 7:34am On Jul 01, 2023
helinues:


That shouldn't be your life problem.

Only those who have the balls always make the moves not like the chest beaters

Cry no single drop of oil for you.

God gave us that and made sure to give you people rock , it's either you find a way to utilize the rocks or slam your heads on it 😂😂😂

21 Likes 2 Shares

Re: Odu’a Group To Begin Oil Exploration by Chibuzoc(m): 7:35am On Jul 01, 2023
grin abi na skull una won mine. Skull exploration, now I understand were the hate is coming from.

THE HATE IS ALL ABOUT OIL & GAS

17 Likes 1 Share

Re: Odu’a Group To Begin Oil Exploration by Hoilgbegiri: 7:37am On Jul 01, 2023
helinues:


Stop the trolling and the incoherency at the same time.

You too dey troll on weekends?

When your founding fathers were doing the worst you never knew a time like this century will come .

Example: Awolowo £20 policy .

REMEMBER?🤪

Even when he tried denying

8 Likes

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