Dating od ua
Investments within the Group at its inception covered a wide spectrum of economic activities, viz; integrated textile mills, breweries, commercial banking, insurance business, real estates, livestock rearing, fisheries services, carbonated drinks, food and beverages industries, manufacturing in chemical and mechanical industries, hotel and catering, vehicle distribution, bottling and marketing of liquefied petroleum gases, printing and publication.
Apart from investments in limited liability companies, Odu’a Investment Company Limited also owns substantial properties in choice locations in the Ikeja residential/Industrial Estates and Apapa in Lagos State as well as a number of residential and commercial properties in Ibadan including the Aje House.
At its fourth meeting held on March 24, 1976, the State Implementation Committee accepted the recommendations and also decided that the company be named Odu’a Investment Company Limited.
Between that date and April 1, 1976, when the states effectively took off, the committee deliberated on all matters affecting the three states.They were to assume duties in Ibadan which was to serve as their temporary base until they would move to Akure and Abeokuta.In order to ensure the smooth take-off of the new states and to adhere to the Federal Governments directive, a state implementation committee (SIC) comprising the three military governors and their secretaries to government and heads of service was established with Brigadier David Jemibewon as the chairman.Broadly speaking, the committee’s duty was to ensure the smooth take off of the newly created states, the equitable distribution of personnel and assets of the former Western State since the Federal Government directed that new states should not, as far as practicable, maintain common services.It was the duty of the committee to arrange a painless distribution of all the organs of the former Western State.