Odu’a Investment Company Limited (OICL) as part of its strategic development and expansion plan, officially opened a Lagos Liaison office at Western House, Broad Street, Lagos.
The well-furnished offices and board room will act as an information hub centre for gathering market intelligence, conducting research and facilitating collaboration between OICL and potential partners, clients or shareholders.
At a ceremony to officially open the Liaison office on Wednesday, the Group Managing Director of Odu’a Investment Company Limited (IOCL), AbdulRahman Yinusa, in his welcome address said the launch which unveiled a new chapter in the investment Group was a testament to the resilience, innovation and unwavering commitment to excellence.
According to Yinusa, the new OICL Lagos Liaison Office has been well structured for comfortability and ease of operation for better proficiency, adding that it was a symbol of the collective strength and vision that defines OICL.
The Group Chairman, OICL, Otunba Bimbo Ashiru, in his keynote address explained that the launch marked the culmination of a strategic decision that underscores commitment to excellence and innovation, while adding that it will serve as a communication bridge between the holding company and the investing community
“This magnificent office is strategic in our drive towards accelerated growth and expanding the footprint of OICL,” Ashiru said, while noting that South West Agribusiness Company (SWagCo) and South West Innovative and Tech Company (SWIT) – two of the conglomerate’s subsidiaries also have offices with the facility.
“What we are commissioning today is more than than a mere physical space but a strategic asset that will facilitate easy assess to the business community, communication and a step towards fostering international relationships and navigating the ever-evolving landscape of global business with fitness in our drive to a world class conglomerate,” Ashiru said.
In his goodwill message, Director-General, Development Agenda for Western Nigeria (DAWN), Dr Seye Oyeleye, noted that the launch not only signified the expansion of a business entity, but the continuation of a grand vision that has shaped the collective social, political, and economic aspirations of Southwest Nigeria.
He noted that Odu’a Investments was, and remained, a crucial instrument in the noble pursuit of the late Chief Obafemi Awolowo’s social democratic philosophy which sought to harness the power of capitalism for the greater good of all, adding that launch stands as a beacon of hope, demonstrating that economic prosperity and social welfare can, indeed, go hand in hand.
“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 said.
Also the immediate past GMD of OICL, Adewale Raji, while congratulating the Board and management of OICL on the feat, express optimism that with the transformational journey embarked on by the leadership, the future of the investment company is bright.
Bimbola Salu-Hundeyin, the Secretary to the Lagos State Government (SSG), represented by Director, SSG Office, Omotayo Gbajabiamila-Olamona expressed confidence in the board and management team of OICL, noting that with Lagos state’s involvement, excellence is inevitable.
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