INTERVIEW: Odua Investment Company Limited open to investors willing to share ownership

Adewale Raji is the 8th Group Managing Director/CEO of Odu’a Investment Company Limited. He was first appointed into the position for a term of five years on June 1, 2014, and later got his appointment renewed for a second tenure in June 2019 following performance evaluation by Top Tier Advisory Services and ratification by shareholders.

Recently, Odua Investment Company Limited celebrated her 45th anniversary, and he gave us an insight into the organization and how it aims to continually be the economic powerhouse of the South-Western region of Nigeria., earlier in the year during the annual general meeting, the conglomerate revealed that it had won the Bita Oil and Gas marginal field.

The whole idea about using strategic partnerships is that it allows you to have a larger footprint and also means that for us, we are gaining specific expertise in those areas. In other areas, we talk about “revive.” Until the Nigerian Wire and Cable Limited in Ibadan went down, at the beginning we were 60 per cent shareholders, but it failed because of governance issues and others. The truth today is that there is still a very high demand for cables in Nigeria today.

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