IBADAN – Odu’a Investment Company Limited (OICL) has unveiled a new five-year strategic roadmap, SRC 2.0 (2026–2030), targeting N1 trillion in total assets, N50 billion in group revenue and N30 billion in profit before tax by 2030.
This move, analysts say, could deepen indigenous investment across critical sectors of the Nigerian economy.
The strategy, anchored on its “30by2030” growth ambition, was presented at the company’s 2026 yearly group directors’ meeting held in Lagos, yesterday, where the board signalled a shift from governance reforms to building enterprise-wide resilience amid Nigeria’s volatile economic climate.
Group Chairman of OICL, Bimbo Ashiru, said the new theme, “Fostering a Resilient Organisation,” reflects the need for institutions capable of withstanding macroeconomic shocks, policy shifts and market disruptions.
He noted that resilience must translate from boardroom oversight to operational strength, financial discipline and long-term value creation.
Also, Group Managing Director, Abdulrahman Yinusa, told directors that 2025 marked a turning point for the conglomerate, with profit before tax rising to N8.4 billion, surpassing its N6 billion target.
The company, according to him, also secured a credit rating upgrade to Aa- and generated N31.71 billion from strategic divestments.
He said proceeds from the divestments are being channelled into healthcare, energy and agribusiness sectors that aligned with Nigeria’s national development priorities, including food security, energy transition and improved access to quality medical services.
Yinusa, however, disclosed that major projects underway include the Odu’a court development in Ikoyi, renovation works at Lagos Airport Hotel and the operationalisation of the SWAgCo maize project in Oke-Ako, alongside N10 billion in joint venture partnerships.
He said that beyond infrastructure and portfolio restructuring, the group is investing in human capital through enhanced remuneration.
