SUBSIDIAIRY NAME	COUNTRY	SECTOR/INDUSTRY	OWNERSHIP %	ACQUISITION DATE	ACQUISITION VALUATION	TOTAL ASSET VALUATION
DR LUKMAN AKANDE BOIJA	NIGERIA	ENERGY	70% IIB-DG	MAR 30, 2022	2.5 BILLION USD	22.5 BILLION USD
MARRON BRASS PETROLEUM REFINING COMPANY LIMITED	NIGERIA	ENERGY	70% IIB-DG	APR 13, 2022	2.5 BILLION USD	25 BILLION USD
AL-TAAHIR ATAPIA MARINE OIL AND GAS	NIGERIA	CONSTRUCTION	100% IIB-DG	APR 4, 2022	20 BILLION USD	200 BILLION USD
VERTICAL INTEGRATED POULTRY VALUE-CHAIN	NIGERIA	AGRICULTURAL	100% IIB-DG	MAY 12, 2022	195 MILLION USD	1.95 BILLION USD
ATAMOGIL REFINERY	NIGERIA	ENERGY	70% IIB-DG	April 6,2022	20 BILLION USD	200 BILLION USD
DE-JEZE NIGERIA LIMITED ABIA STATE GOVERNMENT	NIGERIA	CONSURCTION	70% IIB-DG	MAY 27, 2022	360 MILLION USD	3.6 BILLION USD
SOUTHWOOD AUTOMOBILE	NIGERIA	AUTOMOBILE	70% IIB-DG	MAY 16, 2022	270 MILLION USD	2.7 BILLION USD
FORDHAM MANUFACTURING	NIGERIA	MANUFACTURING	70% IIB-DG	MAY 16, 2022	230 MILLION USD	2.3 BILLION USD
RIDGELINE NEW LADIPO INTERNATIONAL ALLIED HUB	NIGERIA	COMMERCE	70% IIB-DG	MAY 9, 2022	400 MILLION USD	4 BILLION USD

ENERGY, OIL REFINERY, and GAS

DR LUKMAN AKANDE BOIJA: The proposed Project would therefore be the first large privately owned refinery in Nigeria. It would comprise a 100,000 BPD crude oil refinery consisting of two stainless steel modules of 50,000 BPD each. The core refinery process will comprise a gasoline fuel oil refinery, with Naphtha stabilizer and splitting; naphtha desulphurized and catalytic reformer, kerosene hydrotreated; fluid catalytic cracker; gas plant; alkylation; and delayed Coker capable of processing Nigerian light crude (Bonny, Forcadors, Qua Iboe, etc.) with general NNPC specifications of 33-37 API and Sulfur content of 0.10% by WT.

MARRON BRASS REFINERY: The facility will utilize oil for the production of various petroleum products. The operation will be basically an export-oriented swing process and will be operating from a free zone enclave. The refinery will be located on a two 086-acre plot of land acquired for this purpose at the village of Mbikri, Brass, Bayelsa State. The plant, machines, and equipment will be provided on a turnkey basis, and the manufacturer has already been identified. Other components of the plant include buildings and structures, custom-made furniture and office equipment, laboratory, control, and electrical system will be acquired. MARRON BRASS REFINERY involves the design, acquisition, importation, and installation of a Processing plant for the green refinery of 200,000 barrels of crude oil per day, estimated at an amount of $2.8 Billion.

TRANSPORT and AVIATION

IIB-DG-SPOA-BENIN- IIB-DG acquired Société des Plateformes Portuaires d’Afrique de l’Ouest (SPOA-BENIN) SA on April 06th, 2020, for the purpose of financing, rehabilitating, managing, operating, maintaining and developing the ports of Bohicon and Tchaourou in the Republic of Benin and optimization of the Perimeter and the execution of any development work. The project is to allow the reception and processing of goods to and from the seaport of Cotonou to hinterland countries (Niger, Burkina Faso, Mali) and an annex in Tchaourou for the northern region of Benin and also the Federal Republic of Nigeria (the saturation of his main Port of Lagos is legendary).

AL-Taahir Atapia Marine Oil & Gas Investment Limited: ATAMOGIL is a standard scale, but standard and licensed crude oil refinery business that is based in Port-Harcourt – Rivers, Nigeria, and Madagascar respectively. Although we aim to start out on a standard scale, that will not in any way prevent us from maximizing our potential in the international crude oil industry. We hope to grow the business so as to start exporting refined crude oil products from Nigeria to other countries of the world. Our business goal as a standard and licensed crude oil refinery business is to become one of the leading oil and gas companies. Our business activities will involve; gasoline production, kerosene production, distillate fuel oil (diesel, fuel) production, aviation fuel production, residual fuel oil production, lubricant production, and producing aliphatic and aromatic chemicals.