By Iyiola Olalere
Oshogbo (Flowerbudnews) The investment base of the Osun State owned Omoluabi Holdings Limited has grown beyond two billion naira.and may surpass 3 billion in the next few years, Alhaji Kola Alimi, the Company’s Chief Executive Officer has disclosed.
Alimi made the disclosure while speaking in an exclusive interview with Flowerbudnews in Oshogbo over the weekend.
He expressed his resolve to further boost the the economic viability of Omoluabi Holdings by steadily expanding the business portfolio of the investment company.
Alimi said that Omoluabi Holdings had potentials to help increase the Grand Domestic Product (GDP) of Osun state tremendously, and could also become a major contributor to the state’s internally generated revenue (IGR).
‘Omoluabi Holdings currently have investment in security business, water production, property development,, etc, Alimi said, adding that there were plans to strengthen the company’s training components to become the ”springboard for developing professionals and skilled labour that could fit into organisations”.
.
Alimi said that plans were underway for Omoluabi Holdings to establish an Ultra-Modern Auto Repair Trading workshop.for general automobile repairing and training of efficient modern auto-repair manpower.
.
He said that the company’s bulk purchase component would be revitalised to become a source of varied essential commodities and products for the people of Osun state.
He disclosed that Omoluabi Holdings had business pact with Nestle Nigeria which seemed to be dormant, but could be revived, adding that the company would also prioritise provision of products such as cement and other food products.
Alimi said that the company also have working relationship with Ibile Holdings in Lagos and the Oodua Investments among others, saying, ”we are collaborating to develop property
Until his appointment, Alimi, a successful businessman was a very senior retiree of Nestle, Nigeria.
He was appointed by Gov. Ademola Adeleke of Osun State to revitalise the state owned Omoluabi Holdings based on his vast experience and competence. (Flowerbudnews)
