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Show visible profit not paper one, Abiodun charges Odu'a Investment

By Oluwaseun Sonde


Ogun State Governor, Dapo Abiodun has charged Odu'a Investment not to be rent seeking company and must also not to continue to show profit that are not clearly visible, nor paper profit, while it must be an investment company indeed and in truth.


Abiodun who made the charge during the 40th Annual General Meeting of the Company in Lagos on Wednesday, said that Ogun would continue to support the objectives of the company so as to ensure that both the economic and financial objective of Odu'a are realized.


According to him, "We in Ogun state are deeply committed to the cause of Odu'a and to what Odu'a is established to achieve, we will continue to give the needed support so that the economic and financial objective of the Odu'a are realized.


"On behalf of the people and government of Ogun State, I will like to pledge our continued support for the Group, I will continue to do everything to ensure that the objectives of the company are realized," he said


The Governor commended the company for ensuring the turnaround of its operations, congratulated the chairman of the company, Otunba Bimbo Ashiru, while noted that he is confident that the choice of Ashiru would bring about more development to the investment company.


In his remarks, the chairman of the South West Governors' Forum and Governor of Ondo State, Arakunrin Rotimi Akeredolu who commended the management of the investment company for the strategies put in place for the overall growth of the company, said that the strategies would definitely ensure the future growth, relevance, excellence to further restructure the company.


Akeredolu who also commended the financial performance of the company, said that the choice of the board members was a deliberate attempt to change the fortune of the company.

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