In 2007 the Bluestar Consortium led by Dangote oil magnate Femi Otedola and others committed US$721 million to buy two oil refineries just days before President Olusegun Obasanjo left office (AC Vol 49 No 22 Economy: Trouble in the markets)...
Forbes-listed billionaires and captains of industry Aliko Dangote Folorunso Alakija Femi Otedola Herbert Wigwe Tony Elumelu and Ibukum Awosika have offered billions of naira in donations to help speed up medical outreach and facilities...
The refinery when operational should transform the market in fuel in which Aiteo Oando Femi Otedola's Forte Oil and Tonye Cole's Sahara Petroleum are leading players and in the partly privatised power sector...
Corporate barons are more taciturn than their political counterparts but the absence of businessmen such as Aliko Dangote and Femi Otedola at PDP fundraisers sends its own message...
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Then the credibility of the members of parliament nose-dived when it emerged that Committee Chairman Farouk Lawan had been caught in a sting operation demanding bribes from billionaire fuel importer Femi Otedola (AC Vol 54 No 11 Blocking the great reform bill)...
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He was charged with corruption in February for accepting bribes to remove Femi Otedola’s Zenon oil trading company from scrutiny...
Vol 6 (AAC) No 10 |
- NIGERIA
- CHINA
Femi Otedola the Chairman of Forte Oil and a friend of Jonathan's who also joined the delegation is working with new Chinese partners in the power sector...
The Amperion group is backed by Forte Oil a company owned by Nigerian diesel-importing magnate Femi Otedola...
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The most effective attempt has been by Femi Otedola the Chief Executive of the biggest fuel trader Zenon Oil and a close ally of Jonathan (AC Vol 52 No 18 All the President's businessmen)...
When Jonathan opened the Dangote Cement factory at Ibeshe in Ogun State last month he told Alhaji Aliko Dangote Femi Otedola Wale Tinubu and other industry captains that he was ready to go anywhere in the country to open factories because Nigerians needed jobs...
Zenon Oil’s Chief Executive Officer Femi Otedola who is a known friend of Jonathan’s was said to have collected subsidies worth billions of naira...