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Oyo State Finance And Investment Company Ltd
About OSFICOL
OSFICOL is a limited liability company registered in1996. It came into being after the winding up of TICOL, the erstwhile investment company of the old Oyo state. The subscribers to this company are the state government and its local governments. It is governed by the Companies and Allied Matters Act and the provisions of its Memorandum and Articles of Association.
The company had some properties (movable and immovable) vested in it via the vesting deed executed by the then Oyo state executive council headed by a Military Administrator, Colonel Chinyere Ike Nwosu.
The structure and the various departments we now have in the company emerged as it took off its operation particularly as the properties were vested.
Our Vision
To be one of the engine of growth and development of the State.
Our Mission
To contribute to the Economic and Industrial Development of the state through our Investment activities.
Our Objective
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The objective, like any other Limited Liability Company, is to make profit and make returns to its owner state. However, the main objective of the Company is to be a vehicle for industrialization of Oyo State. As such, the Company was to partner individuals and organisations within the State in establishing small and medium scale industries in the State. This objective gave birth to the affiliated Companies, such as Trans Wonderland Plc, Cashew-Nut Processing Industry, Oyo State Paper Mill and CONPOLE Nigeria Plc.
Our Activities
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Agriculture
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Real Estate & Property Development
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Merchandising of WAPCO products
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Portfolio Management & Investment
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Independent Marketer licencee with DPR.