May 23, 2024

Early Life and Education:

Born on March 3, 1970, in Ilaro, Ogun State, Nigeria, IBD Dende, originally Ibrahim Dende Egungbohun, faced early life challenges with the loss of his parents. Despite facing obstacles, he attended St. John Anglican Primary School and Community High School in Ebute Igbooro for his basic education. Despite discontinuing formal education after Form 3, he pursued knowledge through online and correspondence courses, obtaining proficiency certificates in Business Administration and Freight Forwarding Management.


IBD Dende embarked on his career in clearing and forwarding as an apprentice under Alhaji Akeem Adigun (SOCOPAO). Establishing his company, IBD Impex Limited, in 1998, he became a licensed importer and exporter. Diversifying into various sectors, he ventured into hospitality with the IBD International Hotel in Ilaro, a five-star facility, and expanded his business into the quarry, palm oil production, automobile sales, and real estate sectors.

Personal Life:

A family man, IBD Dende is married to Alhaja Mrs Omolara Dende, with whom he shares two children and has adopted several others. Celebrating their 10th wedding anniversary in 2017, the couple is actively involved in philanthropy through the IBD Foundation, focusing on community development in Yewa land.

State Of Origin:

IBD Dende hails from Yewaland, Ilaro, Ogun State, Nigeria, belonging to the Egungbohun family of Igbo-Atan Quarters in Ebute Igbooro and the Elegbede family of Saala Quarters in Ayetoro-Yewa.

Net Worth:

As of 2024, IBD Dende boasts a net worth exceeding N100 billion. His success stems from his diversified business ventures, including clearing and forwarding, hospitality, quarry, palm oil production, automobile sales, and real estate.


Despite his success, IBD Dende has faced controversies, including accusations of smuggling and a publicized altercation with a customs officer at the Seme border in 2023. In 2019, he was arrested by the Economic and Financial Crimes Commission (EFCC) for alleged money laundering and tax evasion, settling out of court. The businessman has also faced legal challenges, including a lawsuit by a former employee in 2017.

Social Media:

IBD Dende maintains a presence on various social media platforms, sharing updates on his business ventures, philanthropic activities, and personal life. His engagement allows followers to stay informed about his ventures and initiatives.


IBD Dende’s journey from a challenging early life to a successful entrepreneur and philanthropist reflects resilience and determination. Despite controversies, he continues to contribute significantly to the development of Yewa land and Nigeria as a whole.

Frequently Asked Questions:

  1. How did IBD Dende start his career?
    IBD Dende began his career as an apprentice in clearing and forwarding under Alhaji Akeem Adigun (SOCOPAO) and later established his company, IBD Impex Limited, in 1998.
  2. What sectors has IBD Dende diversified into?
    IBD Dende has diversified into hospitality, quarry, palm oil production, automobile sales, and real estate.
  3. What controversies has IBD Dende faced?
    IBD Dende has faced accusations of smuggling, a publicized altercation with a customs officer, and legal challenges, including a 2019 arrest for alleged money laundering and tax evasion.
  4. What is IBD Dende’s net worth?
    As of 2024, IBD Dende’s net worth exceeds N100 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *