Opinion: The Undying Legacy of Odua, By Eric Teniola
The South West governors have reconstituted the board of directors of Odua Company Limited. The new board is headed by Dr, Lawrence Olusegun Aina, past President of West Africa Bankers Association and former President of Otan-Ayegbaju Development Association in Osun state. Other members of the new board are Chief Segun Ojo, a former Commissioner for Finance, Budget and Economic Planning in Ondo State, Dr.
In setting up the Action Group, Chief Obafemi Awolowo, GCFR, had two broad objectives in mind, one was political, and the other was economical. Chief Awolowo believed at that time that political party funding are the methods that a political party uses to raise money for campaign and routine activities.
Let’s take Chief Shonibare for example. His career began in 1936 as a clerk for U.A.C in Ibadan where he worked from 1936 to 1942, he was then promoted Chief Clerk and book-keeper at Ijebu-Ode in 1942. He rose to become office manager, technical department before leaving the firm in 1952. Upon leaving UAC, he joined Amalgamated Press, publishers of the Daily Service which was then a political mouth-piece of the Action Group.
Chief Gbadamosi was a household name in Ikorodu, especially in terms of business which is still the centre of commerce in the present Lagos state. The rate at which Chief Obafemi Awolowo was developing the Western Region at that time was unbelievable and at a very short period. His achievements were laudable. Hence the envy. 1962 was the worst year for the Action Group with political landmines planted by the party’s adversaries.
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