Osun govt commends Odu’a Group for boosting investment in the region
Odu’a Investment Company Limited OICL
Abdullateef Fowewe
The Secretary to the State Government (SSG) of Osun State, Teslim Igbalaye, has commended the management of the Odu’a Investment Company Limited for their outstanding work in enhancing regional investment and revenue generation.
Speaking with our correspondent at the Group’s 43rd Annual General Meeting held on Thursday at the Lagos Airport Hotel, Ikeja, Lagos, Igbalaye remarked, “But let me once again, use this medium to commend the management community for what they have been doing-a very wonderful job. From the reports gotten from them, they are increasing our revenue business day in the house, and they are trying to harness some investments to improve the linkage between the South West. So I commend them.”
However, Igbalaye highlighted the significance of the recently signed 10 billion naira agro-investment initiative, emphasising its benefits to the Southwest states.
He noted that the investment would not only boost the revenue base for stakeholders but also create employment opportunities for member states and shareholders.
He added, “I believe they have key people and a keen people management team to continue to steer the investment program of the Odu’a Investment Company. When you have to say about the 10 billion naira investment agro-investment entity that was signed to be beneficial to South West states, who are investors— it has a lot of benefits, like employment opportunities for member states and the shareholders.”
Igbalaye concluded by affirming that this initiative aligns with the broader vision of President Bola Tinubu’s “Renewed Hope Agenda,” describing it as a positive step forward for the investment community and the economic development of the Southwest region.
“We believe this is the right step in the right direction,” he said.
