How Much Do You Know Femi Otedola?

Femi Otedola is a Nigerian specialist, business visionary, giver, and executive of Forte Oil PLC, a shipper of fuel items. He is likewise the originator of Zenon Petroleum and Gas Ltd, and the proprietor of various different organizations crosswise over transportation, land and back. He has as of late put resources into control age as a component of the progression of the segment in Nigeria.
In 2003, having distinguished an open door in the fuel retail advertise, Otedola secured the fund to set up Zenon Petroleum and Gas Ltd, an oil based commodities promoting and conveyance organization.
In 2007 Otedola was named administrator and CEO of Africa Petroleum through the procurement of a controlling stake in the business. In December that year he by and by procured a further 29.3 for every penny of the organization for N40 billion. A merger of this individual holding with Zenon’s brought Otedola’s aggregate stake to 55.3 for every penny
In December 2010 African Petroleum rebranded, changing its name to Forte Oil PLC. Otedola completed a rebuilding of the business, concentrating on innovation and enhanced corporate administration. Strong point Oil came back to benefit in 2012
In 1994 Otedola set up CentreForce Ltd, having some expertise in back, speculations and exchanging. He is additionally the proprietor of Swift Insurance.
Otedola is CEO and leader of SeaForce Shipping Company Ltd and was at one point Nigeria’s biggest ship proprietor in the wake of broadening control over the dissemination of diesel items. One of his ships, a level bottomed shelter vessel with a capacity limit of 16,000 metric tons, was the first of its kind in Africa.
In January 2006 Otedola was designated a non-official chief of Transnational Corporation of Nigeria Plc, a multi-sect0ral combination built up in 2004 by then-President Obasanjo to react to showcase openings requiring overwhelming capital interest in Nigeria and crosswise over sub-Saharan Africa. He held this post until February 2011.
Otedola has made various land ventures, including a N2.3 billion securing in February 2007 by Zenon of Stallion House in Victoria Island in Lagos, from the Federal Government. The next month he was named director of the Transcorp Hilton Hotel in Abuja and entrusted with driving its development and move up to a seven star office. He is the proprietor of FO Properties Ltd. Otedola has been accounted for to be a noteworthy lender of the People’s Democratic Party and is said to have contributed N100 million to President Obasanjo’s re-decision costs in 2003. He was a nearby partner of President Goodluck Jonathan. He has filled in as an individual from the Nigerian Investment Promotion Council (NIPC) since 2004, and that year was delegated to an advisory group entrusted with creating business relations with South Africa. In 2011 Femi Otedola was designated by President Goodluck Jonathan to Nigeria’s National Economic Management Team.
Otedola has made a few gifts to the Michael Otedola University Scholarship Scheme, which was built up in 1985 to give underprivileged understudies in Lagos State access to advanced education. In 2005 Zenon gave N200 million to the plan’s reserve. Since its origin the plan has profited in excess of 1,000 understudies.