To much back-slapping and accolades, the Odu’a Investment Company Limited on Tuesday commissioned a multimillion naira housing estate at the Jericho, GRA area of Ibadan, Oyo State.
The company the investment portfolio of the six South West states of Nigeria.
Tagged “Ace Estate”, the estate is a part of its various property redevelopment programmes.
The commissioning attracted several past and present members of the company’s Boards of Directors.
It is furnished to meet with the “modern exquisite and quintessentially finished residential estate” in the prime location of the Oyo State capital.
The estate comprises three units of five bed-room luxury duplexes and four units of four-bedroom luxury duplexes.
They are all tastefully designed, all rooms en-suite, with modern amenities that appeal to middle class families.
The estate has street and perimeter lighting, swimming pool, fitness centre, electricity, water supply, underground drainage system and stone-paved roads.
According to the Group Managing Director of the company, Mr. Adewale Raji, the estate was constructed within nine months and is now available for groups or individuals who desire to acquire such quality of property in Ibadan, the Oyo State capital.
Raji said that the property was completed on schedule, and with internally-sourced funds.
“Sustaining the quality of this kind of estate is very key to Odu’a investment,” he added.
In his address, the pioneer chairman of Odu’a investment, Basorun Kola Daisi said that in spite of its several turbulent phases, the conglomerate has remained at the vanguard of upholding the common heritage of the Yoruba nation.
He noted that the company has a renewed mandate to be the engine room for economic development and competitiveness of the region.
Daisi said: “It is an uncommon grace of God to be well alive to witness the seed sown by our forebears since the 1950s that metamorphosed into Odu’a Investment Company Limited in 1976 of which I was privileged to be pioneer chairman of the board for two years still flourishing today. We are today witnessing the commissioning of ACE estate which is an architectural masterpiece quintessentially designed and tastefully finished as a manifestation of aesthetics, quality and luxury rolled into one.”
The current chairman of the company, Chief Segun Ojo commended the management of the Odu’a investment for the quality of the job done adding that the organization was ready to welcome ideas for the betterment of the southwest region.
“It will interest our distinguished audience to know that it is part of the group’s ambition to engage in activities that would further promote and enhance rapid economic development of the southwest as per the mandate of our shareholders.
“As we are committed to be a contemporary and serious player in housing delivery, we are also spreading our tentacle to more sustainable projects in the Agro allied, manufacturing and other sectors of the economy.”