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Odua Cooperative Conglomerate Limited is one of the most diversified and organised cooperative organisation in Africa. The umbrella of all cooperative movement in south-west of Nigeria. It is the largest in Nigeria and has its Precursor in the Old Cooperative Union of Western Nigeria (C.U.W.N) which emerged in 1952.

This union was formed to coordinate the activities of all Cooperative Organizations in the old Western Region because of the belief of the then Western Regional Government under the leadership of the late Sage, Chief Obafemi Awolowo that Cooperative could serve a potential for rural development. Consequently, the Government formulated constructive policies geared towards this goal.

As a beneficiary of these policies, the Cooperative Union of Western Nigeria was able to play a major role in the establishment of the Apexes such as the Association of Nigeria Exporters Limited, Cooperative Press Limited, Cooperative Transport Limited, Cooperative Supply Association and Cooperative Investment and Trust Society Limited.

Earlier in 1968, the Cooperative Union of Western Nigeria had devolved her structure and businesses into the Cooperative Investment and Trust Society Limited. It also served as a rallying point for the movement in the newly created states of Oyo, Ogun, Ondo, Osun and Ekiti.

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11
1968
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