Who we are - IBILE Holdings Limited | Sustainable Investments in Lagos

Overview

About us

We diversify the economy and deliver both financial returns and socio-economic benefits to the State and its citizenry.

About us

The Investment Company of The Lagos State Government

In 1989, the Lagos State Government founded IBILE Holdings Limited as a primary entity to diversify the economy and generate both financial returns and socio-economic benefits for the State and its citizens.

More About Us

The Company has over the years focused on investments in diverse sectors; with a portfolio valued at over ₦21 billion as of 31 December 2019. IBILE Holdings Limited is poised for further growth by taking advantage of the numerous opportunities available in Lagos State, Nigeria and the other parts of the world by driving the establishment of new industry sectors in collaboration with strong strategic and technical partners.

About Lagos State

Lagos State was established on May 27, 1967, under the States [Creation and Transitional Provisions] Decree No. 14 of 1967, which reorganized Nigeria’s Federation into 12 States. Before this, Lagos Municipality was managed as a Federal Territory by the Federal Ministry of Lagos Affairs, while the Lagos City Council governed the city itself. The surrounding metropolitan areas, including Ikeja, Agege, Mushin, Ojo, Ikorodu, Epe, and Badagry, were administered by the Western Region Government. Lagos State began functioning as an administrative entity on April 11, 1968, with Lagos Island serving as both the State and Federal Capital. However, in 1976, following the creation of the Federal Capital Territory in Abuja, the state capital was moved to Ikeja. Later, on December 12, 1991, when the Federal Government officially relocated to Abuja, Lagos ceased to be the political capital of Nigeria. Despite this, Lagos remains the nation’s economic and commercial hub. As noted in historical records, “Lagos is to the people of Nigeria what the head is to the body of an individual.”

Core Values

Financial Independence
Diversity
Integrity
Professionalism.

Our Vision

To be a leading diversified investment Management Company with a specific focus on maximizing stakeholders' value.

Mission Statement

To create public value by undertaking viable & ripple investment activities through mutual partnerships with local & foreign investors for the ultimate benefit of all of our stakeholders.