Olorogun Michael Ibru (1931- )
Businessman and founder of the Ibru Organisation in the '70's.
Ibru
is from Agbarha-Otor, near Ughelli in Delta State. His mother was the
daughter of the fabulously wealthy Chief Osadjere of Olomu. Ibru
attended Igbobi College Yaba where he was Senior Prefect. He worked
briefly with UAC before setting up a frozen fish business in 1956.
Today, the Ibru Organisation is a family-run business that is now a
multi-billion dollar conglomerate and one of the largest in West Africa.
Its subsidiaries include:- Ibru Sea Foods Limited, Aden River Estate
Limited, Aero Contractors Nigeria Limited, Ibache (Ibafon Chemicals)
Limited, Ibafon Oil Limited, Ibron Nigeria Ltd; Ibru Merchandise 33
Limited, Ikeja Hotels Plc. (Lagos Sheraton and Federal Palace Hotels),
Societe Benninoise De Produits De Mer (SOBEPROM), Zabadne and Company
Limited, Osadjere Fishing Co. Limited, Marine Harvest Limited, Spibat
Nig. Limited, Rutam Motors Limited, Nitrec Limited, Oceanic Bank Int’l.
Plc, Aquamarine Finance and Securities Limited, Queens Petroleum Company
of (Nig.) Limited, Guardian Newspaper Limited, Express Processing &
Packaging Limited, Waskar Ltd., Mitchel Farms, Nigerian Hardwood Co.
(Nig.) Limited, F. Steiner & Company Limited, Blue Water Marine,
Delta Freeze Limited, Lillershall (Nig.) Ltd, Superbru Ltd, W.F. Clarke
(Nig.) Limited, Boardroom Service Limited, Minet Nigeria Limited
(insurance brokers), Atlantic Estates Limited, Societe Camerounaise De
Product De Mer-SCPM Douala.
SOURCE: ARCHIVE LIBRARY YABA LAGOS.
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