He outmanoeuvred Femi Otedola of Zenon Oil by winning the NNPC’s contract to distribute the kerosene that is the main cooking fuel for millions of Nigerians...
The backing of Lagos billionaire Femi Otedola cannot damage Jonathan much in the commercal capital although journalists are already speculating about the quid pro quo...
Vol 3 (AAC) No 9 |
- NIGERIA
- CHINA
- INDIA
His very close ally Petroleum Minister Diezani Allison-Madueke is coordinating the campaign and Femi Otedola the billionaire owner of Zenon an indigenous oil trading company has promised funds...
The list includes more than 200 individuals including two of Nigeria's much-fêted dollar billionaires - Aliko Dangote and Femi Otedola - as well as high profile companies such as former President Olusegun Obasanjo's pet business project Transcorp Ltd...
Femi Otedola’s Zenon given rights to import diesel under Obasanjo has in the past four years turned into one of Nigeria’s biggest fuel importers...
Vol 49 No 22 |
- NIGERIA
- ECONOMY
Dangote and Femi Otedola Chairman of Zenon Petroleum and Gas along with Jim Ovia head of Zenith one of the nation’s biggest banks financed Obasanjo’s campaigns and were described as his ‘boys’...
Vol 1 (AAC) No 2 |
- NIGERIA
- CHINA
It was taken over shortly before former President Olusegun Obasanjo left office in May 2007 by Femi Otedola Chairman of Zenon...
The board of directors is an A-list of Nigerian business leaders: Chief Executive of Nigerian Breweries Festus Odimegwu; President Dangote Group of Companies Aliko Dangote; Zenith Bank Managing Director Jim Ovia; First Bank MD Jacob Moyo Ajekigbe; Chief Executive Charterhouse Group Otunba Funso Lawal; Chief Executive Zenon Petroleum Femi Otedola; United Bank for Africa MD Tony Elumelu; Chief Executive Orange Drugs Tony Ezenna; and former head of capital and money markets at Farida Investments Adegboyega Olulade...