The five governors of the South-West states that owe the Odu’a Investment Company Limited on Tuesday said a five-year plan had been approved to grow the revenue of the company from N4bn to N20bn.

The governors made this known after their meeting with the board and management of the company at the Cocoa House, Ibadan, Oyo State.

Speaking on behalf of his counterparts at the end of the meeting, Ondo State Governor, Olusegun Mimiko, approved in principle was also approved by the governors that Lagos State should be admitted as a member of the group.

Mimiko said, “The new target is to position Odu’a Investment Company Limited as the engine room of economic growth and development of the South-West. We have approved a five-year strategic plan to grow the revenue of the company from N4bn to N20bn by 2019.

“We have agreed in principle also to admit Lagos State into the Odu’a Group. Because of this renewed interest in Odu’a as the engine room of economic growth of this region, we have also resolved that we will now meet the board and management of the company every quarter.”

Also present at the meeting were the governors of Ogun and Osun states, Ibikunle Amosun and Rauf Aregbesola, while Oyo and Ekiti states were represented by the deputy governors, Moses Alake and Kolapo Olusola, respectively.

The Chairman of the company, Isaac Akintade, said that as part of efforts to reposition it for growth, profitability and sustainability, the board proposed the payment of a gross dividend of N167m at the last Annual General Meeting, which was approved and paid to all the owner states.

“The feat came after six years without dividend payment and we are here affirming our commitment to continue to pay dividend on a yearly basis as we have charted a course for the Odu’a Group. At the AGM, we requested for the input and approval of shareholders on our ambitious five-year strategic plan to grow from N4.5bn to N20bn, which is the outcome of a board-management strategic retreat,” Akintade said.

http://www.punchng.com/swest-govs-okay-lagos-as-odua-member/

Cc: Lalasticlala Mynd44

With this approval, my power and jurisdiction has expanded.

Notice to Ibos, Ohaneze, MASSOB, Ipob and BZM.

MayorofLagos:
With this approval, my power and jurisdiction has expanded.
.

Mayor, please kindly edit those names out for the thread not to turn to ethnic bashing, thanks.

ti pe ti pe

How is it going to help lagos, lagos will now be yorubanised .how many odua investments are even working

Baba Awo I sight you. Tribune and cocacola suppose join.

kettykin:
How is it going to help lagos, lagos will now be yorubanised .how many odua investments are even working

Must you comment? Not every topic on the politics board should be of interest to you. Learn to skip the one that you have no business with.

kettykin:
How is it going to help lagos, lagos will now be yorubanised .how many odua investments are even working

Was Lagos Ibo-fied originally?

Proudly Yoruba

kettykin:
How is it going to help lagos, lagos will now be yorubanised . how many odua investments are even working

Odua Investment 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
Minor Holdings Companies
International Breweries Plc
Nidogas Company Limited
SKG-Phama Limited
Eternal Oil Plc


Pictures Below

1. Heritage Mall, IB
2. Lagos airport hotel, Lagos
3. Premier Hotel, IB.
4. Cocoa House, IB.

PaulJohn1:

Odua Investment 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 Minor Holdings Companies International Breweries Plc Nidogas Company Limited SKG-Phama Limited Eternal Oil Plc

Pictures Below
1. Heritage Mall, IB 2. Lagos airport hotel, Lagos 3. Premier Hotel, IB. 4. Cocoa House, IB.

Bro you just broke the stupid IPOD heart with this.
Well anything to crush the Igbos from erosion ravaged land is allowed

ckmayoca:
Baba Awo I sight you. Tribune and cocacola suppose join.

Okpokiri

PaulJohn1:


Odua Investment 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
Minor Holdings Companies
International Breweries Plc
Nidogas Company Limited
SKG-Phama Limited
Eternal Oil Plc


Pictures Below

1. Heritage Mall, IB
2. Lagos airport hotel, Lagos
3. Premier Hotel, IB.
4. Cocoa House, IB.

WOO! That was a FWAP RESPONSE! We need the entire country to pool together and get every zone pumping out industries like this. Props to the SW.

Yeah a welcome development for my state.

It has being long over due, because some people re actually doubting if we awori's re really yorubas..
But they don't know awori's can also be found in ogun state too(yewa awori).


Southwest governors it's time to go back to the drawing board enough of PDP and APC brouhaha.

imagine a flat head from erosion ravaged Land calling my state of origin a "NO MAN's LAND".

Governor ambode anything to send this cocaine smugglers and baby factories product back to their poverty Land is allowed

I strongly believe this is ahuge step in the right direction for the yoruba nation. It's time to make the investments in SW 70% ours.

Good to hear.
Get project assistance Call or watsapp: 08030459813

Lagos is spiritually and physically part of southwest.... This News is for illiterate... And We Know that don't we

Yorubas and their obsession with Lagos ..

Lagos was never a yorubaland and will never be !!!

Their father ........

PaulJohn1:


Odua Investment 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
Minor Holdings Companies
International Breweries Plc
Nidogas Company Limited
SKG-Phama Limited
Eternal Oil Plc


Pictures Below

1. Heritage Mall, IB
2. Lagos airport hotel, Lagos
3. Premier Hotel, IB.
4. Cocoa House, IB.

I see hope in the future of the south west if these companies work, odua telecommunications is dead, Wema bank,eternal oil,critical hope askar paints are not in good shape, however putting lagos in the equation is the only misfire, lagos will go down like cocoa house.

This people are inviting trouble for themselves,how can you include Lagos to that odua whatever,i thought the issue of Lagos has long been put to rest...it is a no mans land and thats why most of the past governors are from different states.

Nice one mimiko enough of all this pdp apc crap. Yorubas should come together. Whether Lagos or ondo, we are one.

God bless we original indigenes of Lagos
God bbless all yorubas

AustineE1:
This people are inviting trouble for themselves,how can you include Lagos to that odua whatever,i thought the issue of Lagos has long been put to rest...it is a no mans land and thats why most of the past governors are from different states.

which trouble? They are already killing your people in the north, we can start in Lagos as well. Very easy

most of the past governors are from other states IN THE SW

Can't have one sane thread again without any tribal bashing and innuendos..

Is it by fault to comment on a topic you ain't got anything to contribute

kettykin:


I see hope in the future of the south west if these companies work, odua telecommunications is dead, Wema bank,eternal oil,critical hope askar paints are not in good shape, however putting lagos in the equation is the only misfire, lagos will go down like cocoa house.

These companies are old and inherited, newer and better ones are springing up day-by-day by private investors.
Putting Lagos into the equation means more integration and makes the Odu'a Investment stronger.

kettykin:


I see hope in the future of the south west if these companies work, odua telecommunications is dead, Wema bank,eternal oil,critical hope askar paints are not in good shape, however putting lagos in the equation is the only misfire, lagos will go down like cocoa house.

WEMA bank just given license to become national bank few month ago, so i think the bank is doing fine