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51 Years After: Cocoa House Still Yields Dividend

Before the oil boom of the 1970s, the major source of revenue was agricultural produce, especially cash crops such as cocoa and rubber, among others. This brought lots of fortunes to the then Western Region of the country and the country as a whole.

A living testimony of this is the Cocoa House, built 51 years ago from the proceeds from cocoa in the day of the late Yoruba patriarch, Chief Obafemi Awolowo, who was the Premier of Western Region from 1952 to 1959.

The 24-floor building, standing majestically in the city of Ibadan, was officially commissioned on July 30, 1965, by the Premier, Chief Samuel Ladoke Akintola, making it the first tallest building in Africa, and still one of the tallest in West Africa.

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