SUBSIDIARY NAME
DE-JEZE NIGERIA LIMITED ABIA STATE GOVERNMENT
COUNTRY
NIGERIA
SECTOR/ INDUSTRY
CONSTRUCTION
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
May 27, 2022
ACQUISITION VALUATION
360 MILLION
TOTAL ASSET VALUATION
3.6 BILLION
REAL ESTATE
DE-JEZE NIGERIA LIMITED ABIA STATE GOVERNMENT: IIB-DG acquired DE-JEZE NIGERIA LIMITED ABIA STATE GOVERNMENT on MAY 27, 2022. The project is the building of an industrial city for businessmen and women involved in the leather and garment businesses in and around Aba Town. These business people are scattered all over the city and not clustered in a place. So the state Government decided to sign a law mandating all those involved in manufacturing, sewing and sales of clothes and materials, manufacturing of leather materials, shoes and accessories to the industrial city where a 24 hours electricity, warehouses and other infrastructures will be provided to them.