SUBSIDIARY NAME
RIDGELINE NEW LADIPO INTERNATIONAL ALLIED HUB
COUNTRY
NIGERIA
SECTOR/ INDUSTRY
COMMERCE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
May 9, 2022
ACQUISITION VALUATION
400 MILLION
TOTAL ASSET VALUATION
4 BILLION
TELECOMMUNICATION,IT
RIDGELINE NEW LADIPO INTERNATIONAL ALLIED HUB: IIB-DG RIDGELINE NEW LADIPO INTERNATIONAL ALLIED HUB on MAY 9, 2022. Construction and development of the market. This is an international allied market hub that will carter for the needs of businessmen and women, technicians, artisans, skilled and unskilled workers/laborers, etc. The nucleus of the proposed market hub will be the over populated, chaotic ladipo auto spare parts market in Lagos but is planned to decongest other markets in Lagos, and therefore will accommodate dealers in household goods, electrical/electronics, computers/telecommunication equipment, cosmetics and beauty products, motor vehicles and heavy duty equipment, etc.