[5] It is located in Dugbe, a major commercial area in Ibadan, Oyo State, Nigeria.
It was built from proceeds of agricultural commodities (e.g., Cocoa, Rubber, Timber) of the then Western State of Nigeria.
[10] The building, belonging to the Odua Investment Company Limited, became a source of joy and pride for the residents of Ibadan and Nigeria as a whole.
[1] The entire building was gutted by fire on January 9, 1985,[1][2] which began in the top floors from malfunctioning electrical equipment.
The building is managed by Wemabod Estates Limited, a subsidiary of O'dua group of companies.