Chairman of Global Fleet Group c, Jimoh Ibrahim, 44, who is also one of the billionaires in Lagos State and is currently into the following sectors: aviation, insurance, oil and gas, media, banking, properties etc, is set to open his 34-floor hotel in Duabi, where he also owns and rents over 50 flats in the city’s very exclusive area.

Acquiring the hotel was said to have cost the billionaire, who owns the only university in Sao Tome, at least half a billion dollars and will be opened in February, 2012.

Jimoh Ibrahim also recently bought a hotel in Budapest in Hungary; that’s plus the very many posh hotels he owns in Lagos; that’s plus the banks (Energy Bank) he owns in Accra Ghana; that’s plus owning National Mirror newspaper and Newswatch magazine; that’s plus owing Air Nigeria and Nicon Insurance…and many more businesses.

Source: http://gog.li/gva

ok

Hiss

If true, then our thieving elite really are clueless. How can a $500 million Hotel in far off Dubai benefit the country that gave him his obscene wealth?

He should have built it for half the amount in a place crying out for investment in tourism, like Calabar or Oguta. Or am i being naive here?

This clown again?

PROUD-IGBO:

If true, then our thieving elite really are clueless. How can a $500 million Hotel in far off Dubai benefit the country that gave him his obscene wealth?

He should have built it for half the amount in a place crying out for investment in tourism, like Calabar or Oguta. Or am i being naive here?  

Absolutely not, you are right in all you said.

When you call a business man a thief/cabal then you know that there is something seriously wrong with Nigeria.

All he is doing now is protecting himself from the madness call Nigeria and if I were him I would do the same.

One would expect the elite to invest in Nigeria so they can generate more revenue for themselves and the country but in a country where you do not know when the government would seize ur asset even from a legitimate source then it is only natural to do so.

It is a big shame though

its his money people


let him be

vladimiros:

its his money people


let him be

Keep shut maga like you . In case you don't know he is among the cabals and thieves we have in Nigeria . Dey dia dey talk say its his money while you dey suffer.

see*noevil:

Keep shut maga like you . In case you don't know he is among the cabals and thieves we have in Nigeria . Dey dia dey talk say its his money while you dey suffer.

cabals who is a cabal and what has he done wrong ? Please answer

he took money from the government because the government are not able to store or refine their oil ?

Who's fault is that, the so called cabal or the government ?

^^^People like him 'settle' those in the govt so they can continue being ''unable'' to refine the oil. So people like him are part of the problem.

Rossikk:

^^^People like him bribe those in the govt so they can continue being ''unable'' to refine the oil. So people like him are part of the problem.

You can argue like that but to what profit would it be for him if the refinaries are not working ? It would be much much better for me putting myself in his shoes urge the FG to build the refinery Hoping that I can bribe some officials to privatise one of the refinery and sell it to me at a way cheaper cost.

If I am a cabal, I would hope the government can build the refinery so it can be privatised, I would not exactly say the cabals are the problem par-say I would liken him to be a mediator in the problem that already exist in Nigeria/Top government officials.

What does the poster mean by 'the only university in sao tome'?Are there not others or could he have meant the only private university?I find it hard to believe there's only one university in the entire country

Tom Ford:

What does the poster mean by 'the only university in sao tome'?Are there not others or could he have meant the only private university?I find it hard to believe there's only one university in the entire country

E be like say you don miss road o.

@topic
Good for him. @Haters; Is it your money? These days any wealthy person who opens a business must a member of The Cabal and they must be stealing our money, abi? It is amazing that even those who don't pay tax or NEPA bills will join in claiming that it is our money. Abeg let the man be and enough of this nonsense.

Clown, bush man.

welcome to joining 2012 forbes billionaire list