The Odu’a Investment Company Limited (OICL) has unveiled a five-year strategic roadmap targeting N1 trillion in total assets, N50 billion in group revenue, and N30 billion in profit before tax by 2030.
The growth plan, tagged ‘SRC 2.0 (2026–2030)’ and branded internally as ‘30 by 2030’, was presented at the company’s 2026 annual group directors’ meeting held in Lagos, according to a statement on Friday.
Speaking at the event, Abdulrahman Yinusa, group managing director of OICL, said the targets were deliberately ambitious.
“Distinguished directors, the ‘30 by 2030’ target you endorsed at the board retreat is ambitious. Let me be plain: it is intentionally so,” Yinusa was quoted as saying.
“We do not exist to preserve the status quo. We exist to grow responsibly, sustainably and at scale.
“With your continued guidance and oversight, I am confident that the targets we have set are not only achievable, they are the floor, not the ceiling.”
Yinusa said the company exceeded its 2025 performance targets, posting N8.4 billion in profit before tax, above the N6 billion initially projected.
He said Odu’a also strengthened its balance sheet and earned a credit rating upgrade to Aa- from Agusto & Co, while generating N31.71 billion from strategic divestments.
According to the OICL DG, proceeds from the divestments were reinvested into priority sectors, including healthcare, energy, and agribusiness.
“The board entrusted management with stewardship of this group, and today I stand to render an account of that stewardship,” Yinusa said.
L-R: Wale Fawehinmi, CEO Apercus Consulting; Olayinka David-West, dean of Lagos Business School; Otunba Bimbo Ashiru, group chairman of Odu’a Investment Company Limited (OICL); Olubamiwo Adeosun, ex-SSG Oyo state and lead consultant, O’BIA Consulting; Abdulrahman Yinusa, GMD/CEO at the OICL, at the 2026 annual group directors’ training held on February 12, 2026, in Lagos
‘COMPANY SHIFTING FOCUS FROM GOVERNANCE REFORMS TO INSTITUTIONAL RESILIENCE’
In his remarks, Bimbo Ashiru, group chairman of OICL, said the company is shifting its focus from governance reforms to building institutional resilience.
“Our theme this year, ‘Fostering a Resilient Organisation,’ moves us from the boardroom to the entire enterprise,” Ashiru said.
“It challenges us to ensure that the agility, strength and adaptability we cultivated at the governance level are infused into every fibre of the Odu’a Group”.
The chairman described resilience as the capacity to absorb shocks, adapt to disruption and emerge stronger.
“It is not about survival. It is about thriving amidst adversity,” he said.
Ashiru also disclosed that the reconstructed Premier Hotel in Ibadan, expanded with additional rooms and upgraded facilities, will be commissioned in May, adding that the company plans to hold its first annual general meeting at the hotel.
Speaking in a session titled ‘Artificial Intelligence and Its Implications for Business’, Olayinka David-West, professor at Lagos Business School, urged the group to adopt an enterprise-wide artificial intelligence readiness framework to remain competitive.
She called on the company to develop “an enterprise-wide AI readiness framework” to ensure it remains competitive and future-focused.
Also speaking at the event, Banwo Adeosun, organisational development strategist and former secretary to the Oyo government, said workplace culture should be treated as a strategic performance driver rather than a “soft variable”.
On his part, Wale Fawehinmi, a risk and strategy specialist, called for the institutionalisation of independent “red-team reviews” for major capital commitments to strengthen decision-making.
