The governor of Ogun State, Dapo Abiodun, said that the owner states of Oodua Investment Company Ltd. had made the decision to prohibit politicians from standing for office and meddling in the company’s management.
Abiodun made this statement on Tuesday while meeting with the conglomerate’s board and management led by it’s group chairman, Otunba Bimbo Ashiru.
Abiodun explained that in order to realign the conglomerate to reflect the genuine worth of the people of the zone, he and the other governors of the South-West chose a non-interference strategy.
“I want to recall that in 2019 when I assumed office, my colleagues and I sat and we decided that it was high time we began the process of repositioning Odu’a and that the present Odu’a at that time did not reflect the quality of us as a people of the South-West.
“We decided that no longer would we want an Odu’a where the members that represent the various states are just politicians; that we would ensure that we have members that are fit for purpose, and also that we should ensure that even the management itself and the directors are professionally recruited so that they can complement the board.
“Today’s Odu’a is a complete departure, night and day from what Odu’a used to be.
“I want to commend your sense of creativity, direction, purpose, sincerity, and commitment to all that you signed up to do, and we are very happy with the results we have seen.
“Because of that, all the governors have adopted a non-interference approach; we have decided not to interfere with you. We are happy with what we are seeing.”
According to Abiodun, the state will continue to increase its efforts to increase its internally generated revenue, the effectiveness and efficiency of governance, and the capacity to close loopholes and leaks without burdening the populace with higher taxes.
He continued by saying that the state’s business hubs, including those in Remo, Ijebu, Egba, Magboro, and Yewa, had been established under his administration.
Earlier in his remarks, Otunba Ashiru praised the governors of member states for appointing capable hands into various boards of the organisation, emphasising the importance of diversification to the company.