Odu’a Group Pays ₦1.2bn To S/West States As Dividend
November 2, 2019
3:57 pm
The Odu’a Investment Company Limited, has approved the payment of cash dividend of ₦292 million to the South-west states of Oyo, Ondo, Osun, Ekiti, Ogun and Lagos states, who are its shareholders.
The Chairman of the group, Chief Olusola Akinwunmi, who made the disclosure at the annual general meeting (AGM) of the company held in Ibadan yesterday, also said the total sum of ₦1.208 billion, was paid to the shareholders in the last five years.
He said the meeting also declared the sum o fN849m as profit for the financial year ended December 2018, stating that the profit represents an …
