Femi Otedola, the billionaire businessman, says during the administration of former President Goodluck Jonathan, over N2 trillion was siphoned through questionable petrol subsidy claims linked to depot licences. Otedola spoke in a statement on Monday, backing the Dangote Petroleum Refinery (DPR) in its with the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN). On […]
Femi Otedola, billionaire businessman, says the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) needs to evolve a new business model as depots are going out of fashion. In a statement issued on Monday, Otedola also praised President Bola Tinubu for having the courage to deregulate the downstream sector. “Nigeria now has over 4 […]
Billionaire businessman Femi Otedola has revealed that his rise to prominence was shaped more by practical experience than academic learning. In his newly published memoir, Making It Big, cited by Premium Times on Tuesday, Otedola recounted how his entrepreneurial instincts were honed under the guidance of his father rather than in classrooms. According to him, […]
Femi Otedola, billionaire investor and philanthropist, has detailed his experience in the wilderness of business, revealing how banks that courted him became hostile when his fortune plummeted in 2009. Otedola broke into the Nigerian mega business scene with Zenon Petroleum which grew from selling diesel in drums to owning the largest share of the local […]
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