Protesters Occupy Jimoh Ibrahim’s Hotel In Abuja Over Unpaid Debts [Photos]

The Nicon Luxury Hotel in Garki  Abuja, owned by business mogul, Barrister Jimoh Ibrahim, earlier today witnessed a mild drama as a group of protesters occupied its premises to protest nonpayment for goods and services they rendered.

The protesters chose a very auspicious day to stage their demonstration as they arrived early in the morning when the hotel was hosting a significant international conference. The group who were under the auspices “NICON LUXURY HOTEl SUPPLIERS”, said the proprietor owes them unpaid debt dating as far back as 2004.

This is coming a few months after the embattled businessman faced a similar protest by staff of the defunct Air Nigeria, operated by him, when they staged demonstrations over their illegal sack and non-payment of salaries.

Read More...

I run 16 companies, with over 21,000 staff - Jimoh Ibrahim

How can one man run 16 companies? Barrister Jimoh Ibrahim answered that question in a recent interview:

All we do in my group is acquire and get professionals to run it. What is wrong in that? We are running 16 companies. We are in Insurance, Hotels, Media, Banking, Property, Furniture, Oil and Gas, Aviation. Jimoh at the age of 46 accounts for about 21,000 people working for my group in more than 13 countries. I have British, Americans, Indians, Bulgarians as staff working in my group. My private jet is run by Americans.

I have 8 hotels which makes me the highest hotelier in Nigeria. I run over 2,000 rooms. No be joke! If they don't know how Jimoh Ibrahim is doing all these things, they must come and stay with me for one week.

They wonder how I run these companies? Let them go and read books on how to run a corporation. Let me give you my time table for tomorrow. Lagos to Abuja to attend a board meeting. Leave there to Ghana to attend a meeting with bank of Ghana. I will pass the night in Ghana, from there I fly to Dubai to firm up our new projects there and from there go to London to go meet my family and then come back to Lagos. That's my itinerary for the next three days. So how do you think I run these companies?

I don't know why people are crucifying me over Air Nigeria. Abiola tried Concord Airlines, it didn't work. Igbinedion tried Okada Air, it didn't work for long. Richard Branson who ran this airline dumped it on us and ran away. He left over $300 million debt and ran away. Jimoh Ibrahim picks it up from there and he's making it work and they are shouting my name!

Read More...

Jimoh Ibrahim buys 34-floor hotel in dubai for $500 million

Popular Lagos billionaire business man, Global Fleet Group chairman, Jimoh Ibrahim, 44, who is into 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.

Read More...