Nigerian billionaire, Femi Otedola’s unheard of wealth and success in industry private partly been attributed to the solid community of industry associates and companions he has constructed over the years. These influential folks who private played a key characteristic in his success are instrumental in shaping the industry panorama in Nigeria.
From banking and finance to energy and philanthropy, these folks enlighten one of the main most eminent and completed leaders of their respective fields. Their collaborations with Otedola private ended in the expansion and success of assorted ventures in Nigeria and beyond.
Let’s delve into the reviews of these influential folks and notice how their relationships with Otedola private helped to shape the Nigerian industry panorama.
Africa’s Richest Particular person, Aliko Dangote is the Founder and Chairman of the Dangote Neighborhood, the largest conglomerate in West Africa that employs over 30,000 of us and focuses on the manufacturing of sugar, cement, salt and diversified person items. Dangote’s relationship with Femi Otedola began over 25 years up to now and has been described as a friendship made in heaven. Otedola, who has had his enticing fragment of industry troubles once acknowledged that he respects Dangote and receives industry insights from him.
Otedola and Dangote each cling watch over companies with identical holdings in real estate, energy, oil, agriculture and construction. They’ve moreover prolonged the bond they fragment with their families and private been sighted collectively on a spread of instances. They each fair lately visited the President-elect, Bola Ahmed Tinubu, a mutual friend, to congratulate him on his victory on the 2023 presidential polls. As busy as their schedules are, reviews counsel they salvage out time to now and again lallygag around with each diversified.
Donald Duke, Extinct governor of Corrupt River Express has been vastly neatly-known for his contributions to agriculture, urban pattern, authorities, atmosphere, data and communication, funding drive, and tourism. He has moreover been neatly-known for making Calabar the cleanest metropolis in Nigeria. The pale governor is a shut friend of Femi Otedola and Aliko Dangote. Experiences drawl they spent the early days of their lives collectively in Surulere, Lagos.
The net is stout of photography of the three fair appropriate company taken at events to commemorate their friendship. Duke has moreover been neatly-known for attracting billion-naira funding to the insist in the make of Dangote Cement.
Wale Tinubu, the CEO of Oando Plc, a Nigerian oil and gas firm is moreover a shut companion and industry partner of Femi Otedola. In step with reviews, each businessmen private worked collectively on several industry ventures. All over considered one of Otedola’s visits to Oando Plc’s services and products, he recommended Wale for bringing Europe to Nigeria.
Wale Tinubu is identified for his winning transformation of Oando from a petroleum advertising firm to an integrated energy community, in conjunction with global present and procuring and selling, gas and energy, energy services and products and exploration and production to its operations portfolio.
Jim Ovia is the Founder and Chairman of Zenith Monetary institution, considered one of Africa’s biggest banks. He has worked closely with Femi Otedola on several industry ventures. Speaking on how he secured stout cling watch over of the diesel present infrastructure alongside side his firm, Zenon Petroleum and Gas Tiny, Otedola acknowledged, “I contacted Zenith Monetary institution, equipped my pitch on the mission and the scheme in which we would finance it. I had a gathering that barely lasted for 10 minutes with Jim Ovia, he believed in me and it was once a performed deal.”
Otedola credited Ovia for his strengthen when he suffered an incredible financial ordeal that practically about made him commit suicide. Otedola notorious that “Jim Ovia understood the distress and equipped a restructure of the loans for ease of fee.” Asides from his counsel and strengthen to Otedola, the duo moreover fragment the same birthdate.
Bola Ahmed Tinubu
Bola Ahmed Tinubu, Nigeria’s president-elect is moreover a extraordinarily fair appropriate friend of Otedola. They each private played severe roles in the political region of Nigeria’s industrial capital metropolis, Lagos. Otedola’s father, Michael Otedola was once governor of Lagos, about a years before Tinubu grew to turn into governor. Sooner than the 2023 presidential elections, Otedola boldly declared strengthen for Tinubu’s candidacy describing him as his tremendous friend.
In a tweet, he wrote, “I am all the time wrathful visiting my Immense Friend Asiwaju Ahmed Bola Tinubu @officialABAT. Can also God grant him his heart’s desire in turning into the President of this tremendous Nation …”
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