SIFAX Chairman Charges Investors On Profitability, Sustainability In Logistics
By Prince Benson Davies
The Chairman of SIFAX Group has urged investors in the logistics sector to prioritise cargo demand and cashflow in their investment decisions in order to maintain both profitability and sustainability of their investments.
He gave the charge during the 2026 annual strategy retreat of the Oodua Investment Company Limited held in Ibadan.
According to him, logistics investment must be driven by real cargo demand and healthy cashflow, rather than by speculation or infrastructure alone, if investors are to achieve long term returns.
He noted that while the logistics and maritime sector remains one of the most promising areas for investment in Nigeria, investors must pay close attention to market realities, cargo volumes and the ability of their operations to generate consistent cashflow.
He explained that prioritising cargo demand ensures that investments are aligned with actual trade flows, while prioritising cashflow ensures that businesses remain liquid, resilient and able to meet their obligations even in challenging economic conditions.
He added that profitability and sustainability can only be achieved when investors combine sound strategy with discipline, efficiency and a clear understanding of the market.
The retreat brought together board members, management and stakeholders of the Oodua Investment Company Limited to review performance and chart a new course for growth.
PICTURE CAPTION
Pix: L-R; Mr. Abdulrahman Yinusa, Group Managing Director, Oodua Investment Company Limited (OICL), Oliver Omajuwa, Deputy Director, Strategy & Operation, SIFAX Group; Dr. Tola Kasali, Chairman, OICL and Otunba Bimbo Ashiru, immediate past Chairman, OICL during the company’s 2026 annual strategy retreat held in Ibadan.
The New Experience Newspapers Online News Indepth, Analysis and More