Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate (2560 Views)
| Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by KunleMax(op): 8:52am On Apr 23, 2024*. Modified: 7:52am On Oct 21 |
Emmanuel Ibru (born 21 December 1962) is a Nigerian businessman, palm oil magnate and football administrator. Background and education Ibru is the son of Olorogun Michael Ibru and Elsie Nelly Ibru. He attended Millfield School from 1976 to 1980, completing his A-levels. He earned a Bachelor of Science degree in Business Administration and Management from Skidmore College in New York in 1984 and an MBA in Finance from Atlanta University's business school in 1987. Career Ibru is the vice chairman and group executive director of the Ibru Organisation, a private conglomerate with interests in shipping, fisheries, oil and gas, port operations, agriculture, banking and aviation. He oversees the group's investments in fisheries and the agro-allied industry. He is the chairman and chief executive officer of Aden River Estates, a palm oil company. He also chairs the Plantation Owners Forum of Nigeria (POFON), an industry body representing major producers of palm oil, cocoa and rubber. Its members include Okomu Oil Palm Company, Presco Plc, Aden River Estates, SIAT Nigeria, JB Farms, PZ Wilmar, IMC, Dansa Agro-Allied (part of the Dangote Group), Dufil Prima (producers of Indomie noodles) and Agripalm (associated Flour Mills of Nigeria Plc). Ibru is the founder of AS Racine F.C., a football club that has produced players such as Osaze Odemwingie, Brown Ideye, Fegor Ogude, Onyekachi Okonkwo, Olubayo Adefemi and Oghenekaro Etebo, among others. The club serves as a feeder team for local and international clubs. Former Super Eagles striker Victor Agali serves as its head coach. Ibru was also a board member of the Nigeria Football Federation (NFF) from 2002 to 2005. In 2008, Ibru was named chairman of the marketing sub-committee of the Local Organising Committee (LOC) for the 2009 FIFA U-17 World Cup. In November 2009, former Arsenal vice-chairman David Dein was hosted by Ibru in lagos during the tournament. He served as president of the Nigeria-Brazil Chamber of Commerce and Industry (NBCCI) for two terms, during which he promoted greater trade cooperation between the two countries. He also pushed for the establishment of a direct flight route between Nigeria and Brazil. Ibru handed over to Dr. Alex Chika Okafor, founder of Chikason Group, in 2020. Personal life Ibru is married and has children. He is a member of Ikoyi Club, Metropolitan Club and Apapa Club. He is a former president of Apapa Club and a former commodore of Apapa Boat Club.
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| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by KunleMax(op): 9:17am On Apr 23, 2024*. Modified: 7:32pm On Apr 25, 2024 |
KunleMax:[url][/url]=https://www.thisdaylive.com/index.php/2017/06/03/emmanuel-ibru-a-bold-foray-into-deaf-football[url][/url] [url][/url]=https://tribuneonlineng.com/what-we-are-doing-to-salvage-nigerias-oil-palm-industry-ibru-pofon-chairman/[url][/url] [url][/url]=https://www.vanguardngr.com/2011/10/through-partnership-nigeria-can-learn-from-brazil’s-economic-development-ibru/[url][/url] [url][/url]=https://edostate.gov.ng/obaseki-targets-100000-hectare-oil-palm-plantation-in-3-years/[url][/url] [url][/url]=https://allafrica.com/stories/201108241147.html[url][/url] |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by NoSmoking: 9:37am On Apr 23, 2024 |
Deep pockets 💪 |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by OGterry: 10:30am On Apr 23, 2024*. Modified: 10:27pm On Oct 06 |
NoSmoking:Better deep pockets bro. Liquid old money. |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by ChidiKalu: 7:45pm On Apr 25, 2024 |
KunleMax:otunba onye ezigbo aku. The Nigeria palm oil industry needs further investment and development. Potential billions of dollars to be unlocked. |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by OGterry: 9:09pm On Apr 25, 2024 |
ChidiKalu:The govt won't hear this. Irresponsible lots. We've been left behind on the global level. Just Look at the amount of palm oil dollar billionaires out of Indonesia. Mteew |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by KunleMax(op): 10:59pm On Apr 25, 2024 |
OGterry:A barrel of crude oil is 87$ now while a barrel of palm oil is over $600 currently. Omo! |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by ChidiKalu: 5:43pm On Apr 26, 2024*. Modified: 7:33pm On Apr 26, 2024 |
KunleMax:Funny I remember his time at NFF Lmao. The 2002 NFF (then NFA) elections came with a lot of drama. Aliko Dangote was tipped for the NFF chairmanship position as the govt needed him to bring his financial muscle to the association. Back then the NFF was highly politicized and aso rock was directly involved, it was about "who is who" of the society. Long story short, Dangote eventually stepped outside for Galadima for the chairmanship position, and declined serving on the board all together. Emmanuel Ibru was later appointed to replace Dangote on the board of the NFF as a govt nominee. Time flies sha. |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by OGterry: 8:41pm On Apr 26, 2024 |
ChidiKalu:Mr. Kalu You must be atleast 40+ to know and even remember this in detail. 2002 was 22yrs ago. Omo! Senior man 🙌 |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by ChidiKalu: 10:15am On Apr 28, 2024 |
OGterry:Not sure age has anything to do with history, but yes, I am a 40+ man Lol. |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by OGterry: 8:05pm On May 02, 2024 |
KunleMax:Found this on Twitter from 2011 hahaha. Who is the Tunde peller he's referring to though? Shina peller of quilox?
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| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by RansomeKuku: 1:17pm On May 12, 2024*. Modified: 11:06am On May 18, 2024 |
KunleMax:Quiet and super rich. And then there's the fishing business. Another businessman to look out for in the oil palm sector is Rasheed Sarumi of Saro Africa. He's taking the oil palm industry by storm. |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by OGterry: 11:15am On May 13, 2024*. Modified: 10:44pm On Oct 06 |
RansomeKuku:Googled Mr. Sarumi and saw he was the one that bought Presco Plc. That's a major money bag right there!! |
| Re: Meet Chief Emmanuel Ibru, The Silent Billionaire Palm Oil magnate by OGterry: 10:45pm On Oct 06 |
Sarumi is nearing the billion dollar mark on the stock exchange. OGterry: |
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