Odu’a Investment Company Limited has unveiled an ambitious plan to expand its asset base to N1 trillion by 2030, following a record financial performance that saw the South-West regional conglomerate deliver a Profit Before Tax (PBT) of N23.58 billion in the 2025 financial year.
The company announced the milestone during its 44th Annual General Meeting (AGM) held at the newly redeveloped Premier Hotel in Ibadan, where management outlined a long-term growth strategy aimed at strengthening its position as one of Nigeria’s leading investment holding companies.
Presenting the audited financial results, outgoing Group Chairman, Otunba Bimbo Ashiru, disclosed that operating revenue increased by 78% to N20.22 billion, compared with N11.34 billion recorded in 2024. Profit before tax rose by an exceptional 410%, climbing from N4.62 billion a year earlier.
The sharp earnings growth was primarily driven by N18.81 billion in fair value gains on investment properties, alongside improved returns from Nigeria’s recovering equities market. Fair value gains represent the increase in the market value of assets without necessarily involving their sale, reflecting stronger asset valuations.
Building on this performance, Odu’a Investment has launched SRC 2.0, its strategic roadmap for 2026–2030. The programme is anchored on its “30 by 2030” vision, targeting N30 billion in cash-backed profit before tax, N50 billion in annual group revenue, and N1 trillion in total assets by the end of the decade.
Management said proceeds from recent portfolio divestments will be redeployed into high-growth sectors, including healthcare, energy and agribusiness. The diversification strategy is designed to generate sustainable earnings, reduce concentration risk and position the company to benefit from expanding opportunities across Nigeria’s real economy.
The company’s stronger financial position has also received independent validation. Credit rating agency Agusto & Co. upgraded Odu’a Investment’s rating from A+ to Aa-, while maintaining a stable outlook, signalling increased confidence in the group’s financial strength and governance standards.
Group Managing Director Abdulrahman Yinusa revealed that the company has commenced the process of securing its first international credit rating, a move expected to enhance access to global debt capital markets and diversify funding sources for future expansion.
The AGM also marked a leadership transition, with Dr. Tola Kasali assuming the role of Group Chairman, succeeding Ashiru. Ashiru will remain on the Board until 2028, a move intended to ensure leadership continuity as the company executes its next phase of strategic growth.
Odu’a Investment’s long-term targets underscore growing confidence among indigenous investment firms in Nigeria’s economic outlook. If successfully executed, the strategy could significantly strengthen the company’s role in regional development while expanding shareholder value for its six South-West state owners.
