Printing & publishing
OAU Press
The University's printing and publishing house, producing books, journals and corporate print for the University and external clients.
Obafemi Awolowo University Investment Company Limited
Building lasting value for Obafemi Awolowo University
OAUICL is the University's investment and commercial arm. It manages businesses in printing and publishing, bottled water, hospitality, books and stationery, and consultancy and real estate, generating income for the University and reducing its dependence on government subvention.
- Incorporated (RC 709538)
- 2007
- University businesses brought under OAUICL
- 2008
- Operating businesses
- 5
- Cities with hospitality operations
- 3
Who we are
A single home for the University's businesses
Obafemi Awolowo University Investment Company Limited was incorporated in 2007. From 2008 it brought the University's business ventures together under one company, with its own Board of Directors, to manage them on the University's behalf.
The Company operates independently. Its purpose is to generate income for the University and to reduce the University's dependence on government subvention, while meeting needs of the University community.
Our portfolio
Five businesses, one University
Each business serves the University community and customers beyond the campus.
Bottled water
OAU Table Water
Treated drinking water, produced and bottled on the OAU campus. It holds Standards Organisation of Nigeria MANCAP certification and received the 2026 National MANCAP Quality Award.
Hospitality
Conference Centre and Guest Houses
Hospitality: a conference centre and guest houses on the OAU campus at Ile-Ife, with guest houses in Abuja and Lagos.
Books & stationery
OAU Bookshop
The University bookshop, selling educational and general books, stationery and OAU-branded souvenirs.
Consultancy & real estate
UNIFECS
Consultancy and real estate services that draw on the expertise of the University.
Our mandate
What the Company is established to do
OAUICL's objects are set out in its Memorandum of Association.
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Hold the University's investments
Hold shares in companies held by Obafemi Awolowo University or its nominees, and take over the University's business undertakings.
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Provide management services
Provide internal technical and management services to every business under the Company's control or supervision.
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Monitor performance
Monitor and measure the performance of each business, and strengthen the Company's holdings.
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Develop new ventures
Mobilise funds for profitable ventures approved by the University Council, and review feasibility studies to widen investment opportunities.
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Serve clients beyond the University
Provide technical and management services to other companies and agencies, for a fee, as part of the Company's revenue-generating functions.
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Draw on wider expertise
Engage outside specialists for projects where the Company cannot readily provide the expertise itself.
Featured business
OAU Table Water: nationally recognised for quality
Treated drinking water, produced and bottled on the OAU campus. It holds Standards Organisation of Nigeria MANCAP certification and received the 2026 National MANCAP Quality Award.
- 2026 National MANCAP Quality Award, Standards Organisation of Nigeria
- MANCAP certification for OAU Table Water (PET), valid to May 2028
- NAFDAC-registered 75cl bottles and 19-litre dispenser jars
Latest
News & updates
News
OAU Table Water receives the 2026 National MANCAP Quality Award
The Standards Organisation of Nigeria has conferred its 2026 National MANCAP Quality Award on OAU Table Water, the bottled water business of OAUICL.
Notice
Invitation to submit proposals: Business Audit and Transformation Plan
OAUICL invites proposals from firms able to undertake an independent business audit and transformation plan. Proposals are due by 12 noon on Friday, 4 December 2026.
Announcement
New Board of Directors inaugurated
A new Board of Directors of Obafemi Awolowo University Investment Company Limited was inaugurated on 7 October 2026 and has begun a review of every subsidiary.
Opportunities
Current notices
Tenders, requests for proposals and other official notices.
Open
Request for proposals
Ref. OAUICL/BOD/2026/024
Business Audit and Transformation Plan
The Board invites proposals from firms able to carry out an independent business audit of OAUICL and its subsidiaries, and to prepare a costed, sequenced transformation plan.
- Issued by
- OAUICL
- Closing date
- 4 Dec 2026, 12:00 pm
Our relationship with the University
Owned by the University, run as a business
OAUICL is the investment and commercial arm of Obafemi Awolowo University, Ile-Ife. Its Board of Directors is appointed by the University's Governing Council. The Company operates independently, as a business.
Every naira the Company's businesses earn helps the University fund its work with less reliance on government subvention.
Work with us
Partners, customers and suppliers are welcome
Whether you are exploring a partnership, buying from one of our businesses or responding to a notice, we will direct your enquiry to the right team.