From Tradition to Industry: Olota Backs New Investment as Best Fibre Limited Launches in Otta

In a development that further cements Otta’s rising profile as a destination for industry and enterprise, Best Fibre Limited has officially commenced operations, signaling renewed investor confidence in the ancient town’s economic promise.
The company’s entry into the industrial landscape was marked by a grand unveiling ceremony and reception held on Thursday, April 23, 2026, at the prestigious Sheraton Lagos Hotel. The event brought together traditional authorities, community leaders, business stakeholders, and dignitaries from across sectors, all gathered to witness the launch of the company’s flagship product line, Tressa Hair.
At the heart of the occasion was a strong message of reassurance and continuity from the throne of Otta. His Majesty, Professor Adeyemi Obalanlege, Ph.D, the Olota of the Ancient and Paramount Ottaland, Awori Kingdom, used the moment to reaffirm the town’s longstanding reputation as a peaceful and business-friendly environment. His presence underscored the deep connection between traditional leadership and economic development in the region.
Tracing the trajectory of Otta through archival records and economic reports, the town has, over the decades, evolved from a historically significant Awori settlement into a thriving industrial corridor. Its strategic location, proximity to Lagos, and longstanding culture of hospitality have made it attractive to manufacturing and service-based enterprises alike. Publications on Ogun State’s industrial growth frequently highlight Otta as a focal point for sustained investment, driven not only by infrastructure but also by the stability provided through community leadership.
In his address, Kabiyesi congratulated the management of Best Fibre Limited on their successful launch and commended their decision to situate operations within Otta. He emphasized that the town’s welcoming climate for businesses is not accidental but the result of deliberate efforts by both traditional institutions and the people to maintain peace, order, and cooperation.
He further urged the company to align itself with the legacy of other reputable organizations operating in the area—entities that have gone beyond profit-making to contribute meaningfully to the social fabric of the community. Specifically, he highlighted the importance of job creation, youth empowerment, and impactful Corporate Social Responsibility initiatives as essential pillars for sustainable business-community relationships.
The Managing Director of Best Fibre Limited, Mr. Salaam Khaled, responded with deep appreciation for the royal support and warm reception extended to the company. He described the Olota’s presence as both symbolic and motivating, noting that it reflects a partnership between enterprise and tradition.
Mr. Khaled reiterated the company’s commitment to community development and human capacity building, stating that these would remain central to its operational philosophy. According to him, the company aims not only to deliver quality products through its Tressa Hair brand but also to contribute to the economic upliftment of its host community.
The event also drew notable figures who have been instrumental in community and cultural development within Otta. Among those in attendance alongside His Majesty were High Chief Ayodele Bankole, the Otun Maiyegun of Otta; Prince Adewale Adeyanju, Chairman of the Otta Cultural Development group; Barrister Kehinde Fadayiro; and several other distinguished personalities.
Adding a grassroots perspective, the ACDC Chairman covering the Tarmac/Iloye area, Rev. Pastor Samuel Olubodun, commended Best Fibre Limited for its proactive engagement with the community even before full operations commenced. He noted that such early gestures of goodwill are indicative of a company that understands the importance of local integration and shared progress.
Observers at the event remarked that the launch of Best Fibre Limited represents more than just the addition of another industrial player—it reflects a broader narrative of Otta’s transformation into a model for balanced development, where economic ambition meets cultural heritage and community cohesion.
As the evening drew to a close, there was a shared sense of optimism. With royal endorsement, community backing, and a clear commitment from its leadership, Best Fibre Limited appears poised not only to thrive commercially but also to become a meaningful contributor to Otta’s ongoing story of growth and prosperity.