The governors of Oyo, Ogun, Ondo, Osun and Ekiti have been commended for approving the admission of Lagos State as the sixth owner states of Odua Investment Limited.
A former Minister of Health, Prince Julius Adelusi-Adeluyi, who also happens to have served as chairman of Odua Group in the past, described the initiative as ‘pleasing’, saying it would further the economic interest of Yoruba nation in the ethnic configuration of the country.
In a statement issued in Ibadan, Oyo State capital,Adelusi-Adeluyi recalled how the process for admitting Lagos State into the fold of Odua Group was initiated by Oba of Lagos, Oba Rilwan Akiolu in October 2008 during a breakfast meeting at his palace.
According to the former minister, the meeting had in attendance himself, as the then chairman of the group, the Group Managing Director (GMD), Mr. Adebayo Jimoh and other board members of the conglomerate.
The statement read in part:
“The initiative by Oba Akiolu led to other discussions at various political and government levels and later metamorphosed into the birth of the Development Agenda for Western Nigeria.“It is pleasing to now see that the Yoruba nation, through the focused leaders in the states, are working closely despite political differences to actualize a strong socio-economic and political development of the region with this latest unity of purpose”
Prince Adelusi-Adeluyi said the membership of Lagos State in the Odua Group would enhance cross-fertilization of ideas as regard the business and economic activities of Odua Group, especially in the generation of employment for teeming Yoruba youths.
Before the admission of Lagos State, Odua Group was jointly owned by Oyo, Ogun, Osun, Ondo and Ekiti states.