The Odu’a Investment Company Limited, the investment hub of the South-West region of Nigeria, has concluded plans to venture into the oil and gas sector to boost the company’s fortunes.
The Group Managing Director and Chief Executive Officer, OICL, Mr. Adewale Raji, stated this while fielding questions from journalist in Owerri, the Imo State capital, on Friday.
He explained that the company had no difficulty in breaking into the oil and gas sector, adding that if there would be any problems, it might be those associated with every business.
Raji attributed the success of the establishment to the foundation laid down by the founding fathers and stakeholders, particularly the late Chief Obafemi Awolowo.
He said the success of the company, so far, could also be attributed to the prudent management of the managing directors, both past and present, as well as the workers.
He added, “The company has clocked more than 40 years and it is making waves in Nigeria. It is into hospitality, financial services, real estate, telecom services, engineering services, printing, publishing, construction and manufacturing, among others.”