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Top Igbo richest and most successful business Men in Nnewi

Top Igbo Billionaires plus Richest People in Nigeria 2017

Nnewi, Small Nigerian Town Has More Billionaires Than Anywhere Else In The Country - Forbes

These are 10 of the most prominent naira billionaires from Nnewi, in no particular order:

(1) Cletus Ibeto: The Ibeto Group has been described as the largest industrial enterprise in southeast Nigeria. Starting out as an apprentice to an already established auto spare parts dealer, Ibeto eventually branched out on his own and effectively ended the importation of lead acid car batteries in Nigeria in the late 80s. The result is a conglomerate dealing in hospitality, motor products, real estate, petrochemicals, agriculture and cement.

Born on 6, November, 1952. is a Nigerian businessman from the city of Nnewi.

The 64 yr old industrious man is the head of the Ibeto Group which is the largest business enterprise from Nnewi. A city unique for its entrepreneurial spirit.

He started as a spare parts import dealer, after spending some time as an apprentice in the motor parts business, In March 1988, he stopped direct importation of lead acid automotive battery and plastic motor accessories.

The Company now owns the largest liquid storage facilities for petroleum products in Nigeria with a capacity of over 60,000 metric tones located at Apapa Wharf and Ibru Jetty Complex, Lagos.
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Afric-tv24 - Zamfara

We make Africa inspiring and entertaining daily. Get the Latest news, Politics, Top stories and Jobs delivery every 24 hours


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