Goodie Minabo Ibru (born 11 May 1942) is a Nigerian businessman, hotelier and former president of the

Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the ...

Early life and education

Goodie Ibru was born on 11 May 1942 to Peter Ibru and chief Janet Ibru. He is the brother of

Michael Ibru Michael Onajirevbe Ibru (25 December 1930 – 6 September 2016) was a Nigerian pioneer industrialistbillionaire business magnate and the founder of the Ibru Organization, one of the largest conglomerates in Africa. As a traditional chieftain of ...

founder of the Ibru Organization, a major Conglomerate. Goodie obtained his primary school leaving certificate from Yaba Methodist school, Yaba and later went to

Ibadan Grammar School Ibadan Grammar School is a secondary school in the city of Ibadan, Nigeria. It is currently located at Molete area, close to St. David grammar school. History Established in March 31st 1913. It is among the notable oldest secondary school in Ibada ...

Ibadan Ibadan (, ; ) is the capital and most populous city of Oyo State, in Nigeria. It is the third-largest city by population in Nigeria after Lagos and Kano, with a total population of 3,649,000 as of 2021, and over 6 million people within its me ...

. He proceeded to the Holborn College of Law,

University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree ...

and graduated LLB (London) in 1965. He was called to the inner temple of the English Bar in 1966 and enrolled at the

Supreme Court of Nigeria The Supreme Court of Nigeria (SCN) is the highest court in Nigeria, and is located in the Central District, Abuja, in what is known as the Three Arms Zone, so called due to the proximity of the offices of the Presidential Complex, the National Ass ...

as Solicitor and Advocate in 1968, after which he founded the law firm G.M Ibru & Co where he was principal partner.

Career

Ibru founded Ikeja Hotel Plc in 1975. He opened his flagship property the

Sheraton Lagos Hotel Sheraton Lagos Hotel is a five-star conference centre hotel in Lagos History Established in 1985, and built in Ikeja the state's capital, it is one of the largest hotels in Nigeria. Sheraton Lagos hotel is part of the Marriott International cha ...

and towers in 1985. In 1992, the company acquired the tourist company of Nigeria Plc, the holding company of the

Federal Palace Hotel The Federal Palace Hotel is a 5 star hotel with 150-rooms that overlooks the Atlantic Ocean, located in the commercial hub of Victoria Island (Nigeria), Victoria Island in Lagos. Established in 1960 as the country's premier international hotel, ...

and casino. Subsequently, his Ikeja Hotel Plc purchased majority shares in Capital Hotel Plc and became the chairman and owner of the Abuja Sheraton hotel Ibru has sat on the Board of several companies, including Guardian Press Limited, Dunlop Nigeria Plc, Crusader General Insurance Plc, Minet Nigeria Limited and Niger-Delta Exploration and Production Plc.

Awards and memberships

Goodie Ibru served as President of the

Lagos Chamber of Commerce and Industry The Lagos Chamber of Commerce & Industry is a Lagos area non-profit that promotes, supports or opposes legislative or other measures affecting trade, industry, commerce and agriculture as well as representing the opinion of the Lagos business comm ...

, Nigeria-Russia Business Council, and the NEPAD business Group. He was honorary consul of the Consulate of Lithuania to Nigeria He also represented Nigeria as the co-chair for the

UNWTO The World Tourism Organization (UNWTO) is the United Nations specialized agency entrusted with the promotion of responsible, sustainable and universally accessible tourism. Its headquarters are in Madrid, Spain. UNWTO is the leading internati ...

Committee on International Code of Ethics on Tourism. He is a member of the Lagos

Rotary Club Rotary International is one of the largest service organizations in the world. Its stated mission is to "provide service to others, promote integrity, and advance world understanding, goodwill, and peace through hefellowship of business, profe ...

, Metropolitan Club and Ikoyi Club. He is Fellow of the

Nigerian Institute of Management The Nigerian Institute of Management (NIM) is a non-profit institution that defines the required skills and standards for professional managers, and offers courses leading to diplomas in Management. History The Nigerian Management Group was formed ...

(NIM), the

Institute of Directors The Institute of Directors (IoD) is a British professional organisation for company directors, senior business leaders and entrepreneurs. It is the UK's longest running organisation for professional leaders, having been founded in 1903 and incor ...

(IoD) and the Chartered Institute of Administrators. Ibru was awarded Officer of the

Order of the Niger Nigeria became an independent country on 1 October 1960 and in 1963 became the Federal Republic of Nigeria. The republic instituted two orders of merit: the Order of the Niger and the Order of the Federal Republic. Award The two highest honou ...

(OON) in 2003. He won the Zik Prize for business leadership in 2014.

References

{{DEFAULTSORT:Ibru, Goodie 1942 births Living people Nigerian business executives Nigerian hoteliers