Odu’a Investment Company targets N1trn asset base

Odu’a Investment Company Limited (OICL) has officially unveiled its SRC 2.0 strategic roadmap for 2026–2030, headlined by an ambitious "30 by 2030" growth target.

During the 2026 annual directors’ meeting held at the Lagos Airport Hotel in Ikeja, the Group Chairman of OICL, Otunba Bimbo Ashiru announced that the conglomerate aims to achieve N1 trillion in total assets, N50 billion in group revenue, and N30 billion in profit before tax by the year 2030.

This new phase marks a deliberate shift from last year’s focus on governance calibration to a theme of Fostering a Resilient Organisation, prioritizing enterprise-wide endurance and the capacity to transform economic shocks into catalysts for innovation.

Speaking, Ashiru emphasized that the board's responsibility has evolved beyond simple oversight to providing the insight and foresight necessary to validate strategies and mitigate risks in alignment with long-term success.

He noted that resilience is not merely about survival but about emerging from periods of stress stronger and more sustainable.

This vision for a future-ready institution comes on the heels of a positive credit rating upgrade by Agusto & Co, which recently moved the Odu’a Group from ‘A+’ to ‘Aa-‘.

Group Managing Director of OICL, Abdulrahman Yinusa informed stakeholders that the company’s decisive actions in 2025 laid the groundwork for this expansion.

Yinusa revealed that OICL has already begun act decisively on its portfolio by redirecting proceeds from strategic divestments into healthcare, energy, and agribusiness. These three sectors have been identified as high-growth engines essential to the group’s new long-term architecture.
Over the next five years, OICL plans to pursue growth across seven priority sectors while driving operational excellence to achieve a targeted 5% rental yield.

The Group Managing Director stressed that the company will focus on building a revenue architecture that balances core streams with new, high-yield engines to ensure every asset remains productive.

As the conglomerate moves forward with SRC 2.0, the leadership maintains that execution remains the critical bridge between these intentions and the group’s ultimate goal of becoming a trillion-naira organization.