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SUNDAY VANGUARD, SEPTEMBER 18, 2016, PAGE 33<br />

C<br />

M<br />

YK<br />

By Festus Ahon<br />

At about 1 pm, the day<br />

suddenly turned<br />

dark.<br />

The people of<br />

Agbarha-Otor in<br />

Ughelli North Local Government<br />

Area of Delta State wept. It was<br />

on a Tuesday and the day was<br />

6th September when news filtered<br />

in that one of the first<br />

Urhobo billionaires and business<br />

titan, Olorogun Michael<br />

Christopher Onajirhevbe Ibru,<br />

OFR had passed on at the age of<br />

85, less than four months to his<br />

86th birthday at Maryland,<br />

United States of America, USA.<br />

Born by the late Chief Epete<br />

Ibru of Agbarha-Otor, a missionary<br />

worker and late Chief Mrs<br />

Omotogor Ibru, a trader of the<br />

Osadjere family of Ovwor-<br />

Olomu, Olorogun Michael<br />

Christopher Onajirhevbe Ibru<br />

began life at a very tender age<br />

after finishing from the famous<br />

Igbobi college in 1951 being the<br />

first child of the family.<br />

Driven by the passion to make his<br />

family prominent, the late Olorogun<br />

Michael Christopher Onajirhevbe<br />

Ibru took all his siblings, Felix<br />

(late), Alex (late), Goodie, Grace and<br />

Bernard (late) along in his business<br />

after ensuring that they were all well<br />

educated.<br />

Olorogun Michael Christopher<br />

Onajirhevbe Ibru who picked up<br />

job with the United African<br />

Company, UAC in Lagos as a<br />

Manager training, ventured<br />

into his private business few<br />

years later.<br />

He founded a company,<br />

Laibru, in partnership<br />

with his boss in the office,<br />

an expatriate, Jimmy<br />

Large and by 1956 he<br />

founded the famous<br />

Ibru Organization.<br />

As Chairman of the<br />

Ibru organization, one<br />

of the largest conglomerates<br />

in Nigeria and<br />

the West Africa sub<br />

region, Olorogun<br />

Michael Christopher<br />

Onajirhevbe Ibru was a<br />

major stakeholder and<br />

influential figure or factor<br />

in the Nigerian economy in<br />

the 60s, 70s, 80s and the early<br />

90s.<br />

After engaging in general<br />

trading with some success, in 1957,<br />

Michael Ibru discovered that the<br />

frozen fish market was a fertile<br />

market with the potential to deliver<br />

returns above the market<br />

rate.<br />

However, it was a<br />

tough market to<br />

penetrate, at<br />

the time,<br />

many<br />

expatriate<br />

firms and<br />

Nigerian<br />

traders<br />

were not<br />

interested<br />

in the<br />

market.<br />

But he<br />

felt he could<br />

put extra<br />

effort communicating<br />

with<br />

general traders,<br />

who played key roles<br />

The Man<br />

Olorogun Michael<br />

Christopher<br />

Onajirhevbe Ibru<br />

in the eventual acceptability of the<br />

product. To trade in seafood, he<br />

established an importing company.<br />

He also rented and built cold storage<br />

facilities across the country.<br />

By the mid 1960s trading fish had<br />

become the traditional money maker<br />

for the Ibru organization. Though he<br />

•Michael Ibru<br />

had other profitable interests in<br />

other areas such as transportation<br />

and construction, fish trading<br />

helped him secure financing and<br />

other forms of capital to engage<br />

in large scale trading.<br />

He established a partnership<br />

with a Taiwanese company,<br />

Osadjere Fishing Company,<br />

which provided Trawlers and<br />

other accessories for trading.<br />

By the end of the 1960s he<br />

branched out fully into other<br />

areas of the economy. Like<br />

a lot of his contemporaries,<br />

he established a<br />

transportation company,<br />

called Rutam.<br />

He also invested in<br />

palm oil production.<br />

Over the years,<br />

the Ibru Organization<br />

expanded into<br />

other areas such<br />

as Tourism,<br />

Timber and<br />

Poultry.<br />

He was known<br />

as an entrepreneurial<br />

figure<br />

who created one of<br />

the largest modern<br />

Nigerian owned<br />

groups with other<br />

figures who were his<br />

contemporaries.<br />

Because of his love for<br />

education and his<br />

people, Olorogun Michael<br />

Christopher Onajirhevbe<br />

Ibru founded the Ibru College,<br />

Agbarha-otor in 1969, which has<br />

today produced many graduates in<br />

all fields of human endeavour. Few<br />

years ago, he also<br />

established the Michael and<br />

Cecilia Ibru University in<br />

Agbarha-Otor.<br />

He also built a private airstrip in<br />

Agbarha-Otor in the early 80s,<br />

Skol brewery in Agbarha-Otor and<br />

Pepsi cola which created employment<br />

for so many Nigerians in the<br />

70s.<br />

Olorogun Michael Christopher<br />

Onajirhevbe Ibru had five wives<br />

and 17 children including<br />

Olorogun Oskar Ibru, who heads<br />

Ibafon Ports and Vice Chairman<br />

of the Ibru organization, Peter<br />

Ibru, Emma Ibru and Oboden<br />

Ibru, who was a key player in<br />

the defunct Oceanic bank<br />

International PLC.<br />

The late Olorogun Michael<br />

Christopher Onajirhevbe Ibru<br />

also tried his hands in politics<br />

in 1983. He was a gubernatorial<br />

candidate in the defunct Bendel<br />

State but lost to Gen Samuel<br />

Ogbemudia rtd.<br />

He was also a member of the<br />

Liberal Convention and the<br />

New Movement, which metamorphosed<br />

to become National<br />

Republican Convention, NRC<br />

during the two political party<br />

system under then Military<br />

President Ibrahim Badamosi<br />

Babangida.<br />

He made his marks in almost<br />

all aspects of life hence many<br />

people described him as man<br />

with many parts who made<br />

wave in the world as there is<br />

hardly any country in the world<br />

where the late Olorogun<br />

Michael Christopher<br />

Onajirhevbe Ibru does not<br />

have his presence.<br />

OUR ERROR<br />

Yesterday,<br />

owing to a<br />

technical<br />

challenge in our<br />

production<br />

process, a<br />

wrong<br />

photograph was<br />

used to<br />

illustrate the<br />

person of Late<br />

Michael Ibru. The<br />

page is reproduced<br />

here with the<br />

appropriate<br />

photograph.

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