Business

Olubadan Inaugurates Monarch Investment, Economic Committee

As a follow up step to his resolve to improve the economic fortunes of the ancient town, the Olubadan of Ibadanland, Oba Rashidi Ladoja has put together a powerful economic ambassadors on ways to revive the economic and investment status of Ibadan.

At an event attended by members of Olubadan-in-council,Oba Ladoja personally inaugurated the committee at the Olubadan Palace, Oke Aremo, Ibadan.

The highly revered monarch named the Iyalaje Iyalode of Ibadan and two times Minister of the Federal Republic, Chief Onikepo Akande and former Head of Service of the Federation, Professor Dapo Afolabi as Chairman and co-Chairman respectively.

Other business moguls and captains of industries on the committee include Chief Adelodun Olaiya, a former Group Managing Director, First Bank of Nigeria, Dr Kazeem Adeduntan, Bada Olubadan-Designate, Chief Dotun Sanusi, Agbaoye Kola Karim,and Aare Egbe omo Balogun, Chief Adegboyega Adegoke, former Head of Service, Oyo State, Chief Tajudeen Aremu would serve as the secretary to the committee.
Others members include a one time President of Lagos Chamber of Commerce and Industry, Alhaji Remi Bello, Agbaakin Atayese of Ibadanland, Chief Yomi Idowu, a media promoter and Chairman Broadcasting Organisations of Nigeria, Bon, Southwest, Deacon Owolabi Oladejo and former President and Chairman, Governing Council, Chartered Institute of Bankers of Nigeria, CIBN, Dr. Bayo Olugbemi.

Oba Ladoja emphasised that the people of Ibadan are clamouring for the revival of the glory of the ancient town when the city was a major hub of top notch business investment and economic activities.

According to Oba Ladoja, the questions many people were asking include, where is Leyland? Where is Exide Battery? Nigeria wire and Cable? Isoglass and Ferodo?
The monarch told the committee to come up with strong proposal on how to bring back the moribund companies and new ones to generate employment opportunities for the high number of youths in the land.

The Olubadan noted that the committee members have been carefully selected because they are business brands, boardroom grand masters and succesful entrepreneurs with amazing wealth of experience.

In an interview with newsmen, Secretary of the committee, Chief Tajudeen Aremu, emphasised on the readiness of the committee members to work assiduously towards meeting the mandate given to them by Olubadan and his council.

Chief Aremu expressed the readiness of committee members to justify the confidence reposed in them by Oba Ladoja and the Olubadan in Council.

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