Odu’a investment now N180B


By; BAYO AKAMO, Ibadan.
Group Managing Director (GMD) of Odu’a Investment Limited, Mr Adewale Raji on Tuesday hinted that the company currents group assets stands at N80billion.
Mr Raji dropped this hint in Ibadan while speaking with newsmen at the turning of sod of a new property in Jericho area of Ibadan.
According to the GMD, the project was aimed at enhancing the company’s brand in the property sub-sector and other areas of the economy, saying, the ‘Project Ace’ is an addition that gives a direction to where the company is going in the nearest future.
“The element of creating a brand is crucial in what we are doing today. It is an example of an insignia of a specific attribute of what describes us. We are trying to redefine who we are. We want to be associated with quality, exquisite finishing and appreciating and giving lifestyle to the people. So, this is a flagship project” he said.
Mr Raji maintained that the project funded by the Odua Investment company is expected to be delivered in six months.
Speaking at the ceremony, the Chairman, Board of  Directors of the Odu’a Investment, Chief Isaac Akintade, declared that the ‘Project Ace,’ shows Odu’a Investment’s new foray in its property development portfolio, which would continue for the purpose of improving economic and quality of life across its owner states in the Southwest Nigeria.
Chief Akintade maintained that the ultimate goal of the Board and Management of the company was to preserve, nurture and improve the economic heritage of the people, saying, “we cannot but renew our resolve to ensure that the noble legacy bequeathed on us is kept alive and buoyant.”
It was learnt that the multi-million Naira property of seven duplexes, four of which will be made up of four bedroom and three five bedroom and a swimming pool along with other modern facilities, would be a residential estate on a 4,500 square metre.


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