September 24, (THEWILL) – A former Executive Director at Compass Newspaper, a national daily owned by former Ogun State governor, Otunba Gbenga Daniels, Otunba Seyi Oduntan, has been appointed Chairman of Wemabod Limited.
Formerly known as Nabani Estates Limited, Wemabod, which was incorporated in September 1962, is a subsidiary of Odu’a Investment Company Limited. It is one of the largest property companies in Nigeria with a wide range of commercial, industrial and residential properties in its portfolio.
Oduntan, while assuming his new position, assured stakeholders of his intention to leave a lasting legacy everybody will be proud of. A businessman, Oduntan once tried his hands in politics in 2014 and got badly burnt after he was trounced at the primary while seeking to represent Ogun East Senatorial District of Ogun State in the Senate.
He rejected the result of the election via a petition sent to both the state and the national secretariat of the party, claiming that the election was characterised by massive rigging, intimidation, coercion, and manipulation. Unfortunately, nothing came out of his petition and he bade goodbye to politics for the time being.