Stakeholders of Okitipupa Oil Palm Industries Plc have in line with the company’s strategic expansion plan, decided to raise the company’s share capital from N50m to N1b. The decision was taken at its 31st Annual General Meeting (AGM). The company’s Chief Executive Officer, Mr Taiwo Adewole, stated that the amount Continue Reading
New Airline, Green Africa Airways, has recorded its first Lagos-Akure commercial flight. The maiden flight was received by Governor Rotimi Akeredolu and members of his cabinet at the Akure Airport. Specifically, Deputy Governor, Hon. Lucky Aiyedatiwa; members of the House of Assembly led by the Deputy Speaker, Rt. Hon. Samuel Continue Reading
Destination Ondo has unfolded a new initiative to make Ondo State Africa’s capital for Carnival Costumes Fashion Making. Otunba Wanle Akinboboye, initiator of this dream, said Destination Ondo has set its sight on transforming the state as a one-stop destination for both businesses, adventure and leisure seekers. He explained that Destination Continue Reading
One of the newest banks in the country, Jaiz Bank Plc, has expressed its intention to make a presence in the state. Towards this end, It has concluded arrangements to open a branch in the state. According to the bank, it will open the branch to contribute its quota towards Continue Reading
Okitipupa Oil Palm Plc, is set to increase its share capital from N50m to N1b. The capital obtained would be injected into projects including the completion, rehabilitation of existing 9000 hectares of brownfield; development of over 5,800 hectares of greenfield; developing refining capacities among others. Company Chairman, Mobolaji Osomo, disclosed Continue Reading
Twenty five years since it last paid dividend, rebounding Okitipupa Oil Palm Plc, has resolved to pay its shareholders 25k dividend for the year ended Dec. 31, 2020. Board Chairman of the company, Mrs. Mobolaji Osomo, speaking at the 31st Annual General Meeting (AGM) of the company in Lagos, said Continue Reading
Food production received a boost in the state, as farmers received N60m from the Federal Government, under its incubator/incubatee model programme. State IFAD/LIFE-ND Project Manager, Adewale Ademola, who made this public at the disbursement of the fund to young farmers in Akure, explained that the fund is aimed at assisting the Continue Reading
The Akeredolu administration says it is strategically pursuing the exploration of potentials in all sectors of the economy, to make the state one of the most viable in the country. Disclosing this economic move to participants of Senior Executive Course 43, 2021 of the National Institute for Policy and Srategic Continue Reading
Governor Rotimi Akeredolu has been speaking on numerous benefits expected when the proposed Ondo Deep Sea Port comes on stream. Receiving members of the Ilaje League of Professionals led by its Chairman, Engineer Benson Obayelure, he said the Port would serve as an alternative to the Lagos Ports which have Continue Reading
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