Dr. Cletus Ibeto | |
---|---|
Born | |
Nationality | Nigerian |
Occupation | Businessman |
Known for | Automotive spare parts, Cement manufacturing |
Cletus Madubugwu Ibeto[1][2][3][4] (born November 6, 1952) is a Nigerian businessman from the industrial city of Nnewi. He is head of The Ibeto Group, the largest business enterprise from Nnewi, a city unique for its entrepreneurial spirit. In the early 1980s, when the oil crash and a controversial import licensing[5] system was making a dent on the Nigerian manufacturing environment, Nnewi went through a growth period. The Ibeto Group under the Ibeto's leadership was a pacesetter in the region and nation's trading and later manufacturing development.