Creating lasting economic value through markets, commercial property and purposeful development.
An ambitious vision for Oba. A disciplined approach to making it happen.
Okpoko Investment and Development Company Ltd (OIDC) brings a community-rooted vision to markets, commercial property and strategic development. The proposed holding-company structure combines local legitimacy with professional oversight and commercial discipline.
Dedicated project companies would separate project risks, clarify investment participation and support focused delivery.
Discover our proposed frameworkA proposed modern market complex bringing retail, wholesale, storage and services together in the heart of Oba.
Explore this focusAfoba Market’s redevelopment vision brings better trading spaces, thoughtful infrastructure and long-term opportunity to Oba.
The proposed three-floor scenario provides approximately 4,854 units, with shops, storage, administrative facilities, plazas and parking under consideration.
Capacity, design, cost and delivery timing remain subject to feasibility, approvals and final project documentation.
The draft governance framework separates ownership from management and puts decision-making safeguards at the centre.
Proposed board composition
Disciplined project assessment and capital allocation.
Financial accountability, risk management and compliance.
Competent appointments and aligned incentives.
Proposed arrangements in the April 2026 board paper; subject to adoption and legal documentation.
A proposed ₦1 billion initial capital programme, aligning each phase with project readiness and sound investment decisions.
Company setup, feasibility, structuring, working capital and early project rights.
25% of proposed initial targetParent-company capitalisation, pipeline readiness and early deployment.
35% of proposed initial targetProject-specific equity, co-investment or structured asset-linked funding.
40% of proposed initial targetEarly priority is reinvestment and capital preservation. Dividends depend on lawful profits, liquidity, reserves, project needs and governance approval.
For information only. This website is not an offer to sell securities or a guarantee of investment returns. Proposed funding remains subject to formal documentation and applicable approvals.
Reported milestones and active workstreams from the supplied project review. These are not independently verified live status updates.
A new 45-year lease was reported as signed following negotiations with landowners.
The boundary survey established 24,762.74 m². Final survey-plan lodgment remains a follow-up item.
Layout options, circulation, ventilation, topography and parking are being considered.
Dialogue with private property owners and community representatives remains central to planning.
Feasibility studies, detailed estimates and financing documentation are the next planning priorities.
Relocation discussions address the needs of approximately 1,430 existing shop occupants.
For investors, community stakeholders and development partners who share the vision of enduring economic value.
Read the draft board paperOfficial contact details will be published once confirmed.
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