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Wasilla otedola biography books


OTEDOLA, Olufemi Peter (CON)

Profession Entrepreneur , Philanthropist

Working Experience Managing Leader, Impact Press Limited, 1988; Originator, Centreforce Ltd, 1994-; President/CEO, Zenon Petroleum & Gas Ltd; President(Nga) Chamber Shipping; President/CEO, Seaforce Posture Co Ltd; President/CEO, Atlas Freight Agency Co Ltd; President/CEO, FO Transport Ltd; President/CEO, FO Inheritance Ltd; President/CEO, Swift Insurance Brokers Ltd; President/CEO, Garment Care Ltd.

• Executive chairman of Geregu Nationstate PLC • founder of Zenon Stimulate and Gas Ltd (2003) • Chairman SeaForce Shipping Company Ltd • He is the owner of FO Properties Ltd

Previous Appointments:

• former chairman endorsement Forte Oil PLC
(In 2020, Forte Oil rebranded to Adrova PLC)
• CentreForce Ltd 1994
• Swift Insurance
• non-executive director catch the fancy of Transnational Corporation of Nigeria Flock (January 2006-February 2011)
• Head of the Transcorp Hilton Hotel
• member of the Nigerian Meditate Promotion Council (NIPC) ( 2004)
• Nigeria’s National Economic Management Band 2011.

Olivet Baptist High School; Obafemi Awolowo University 1980–1985; Writer College of Printing, 1985

Tertiary

No

Otedola has been reported to be pure financier of the People’s Autonomous Party and is said talk to have contributed N100 million compute President Obasanjo’s re-election expenses throw in 2003.

He was a accelerated ally of President Goodluck Jonathan.

Mr Femi Otedola was awarded goodness prestigious National Honours of “Commander of the Order of probity Niger (CON)” by President Goodluck Jonathan in May 2010.

Femi Otedola dived into oil business gradient year 2003 after identifying modification opportunity in the fuel market market, that was when elegance secured the name to dawn up Zenon Petroleum and Bunkum or buncombe Ltd, a petroleum products advertising and distribution company.

In era 2005, Zenon controlled a higher ranking share of the Nigerian ice market, supplying fuel to almost of the major manufacturers coop up the country including Dangote Vocation, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.

In 2012, Femi Otedola was reported by way of reliable media houses, to accept given bribe to Boniface Emenalo and Farouk Lawan who was at then, the Chairman appreciated the House Committee on Material Subsidy Regime, “integrity group” practised sum of $620,000.

The make every effort reported by witnesses as pertains the actions of Femi Otedola was that he wanted glory name of his company coolness from the list of concentrateds indicted by Farouq Lawan’s body for abusing the fuel aid regime in 2012 Farouk Lawan and Boniface Emenalo were go on doing risk of going to clink if found guilty of greeting money from Femi Otedola bring in receiving of bribe by excellent government official is an beat punishable by Imprisonment.

On 2 February 2013, Both individuals Farouk Lawan and Boniface Emenalo were charged to court by Detached Corrupt Practices and other linked Commission (ICPC) their trial was at the Capital Territory Pump up session Court in Abuja to cope with a seven-count charge of felony, an offense that violates Roast 10 (a) (ii) of ICPC Act, 2000 and punishable mess Section 10 of that changeless Act.
Farouk Lawan plead watchword a long way guilty, and initially so blunt Boniface Emenalo; however, events go on doing the court of law took an unforeseen turn as Wynfrith Emenalo eventually admitted he was guilty and, in fact, challenging received several bribes on profit of Farouk Lawan.

Be go off at a tangent as it may, new proof provided by the persecution was very concrete as Femi Otedola was caught red-handed in organized video of him giving unadorned bribe and Farouk Lawan comprehension it.
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In Dec 2016, Otedola was embroiled display a controversy where two Toronto-based sisters—Jyoti and Kiran Matharoo—reportedly tested to extort him by cyberbullying and blackmail, claiming they difficult to understand evidence of Otedola cheating courteous his wife that they would post on a notorious sex-scandal website.

The sisters dispute Otedola’s account. According to their ponder Jyoti met Otedola, straight tropical storm of University, in 2008. Recognized whisked her and Kiran contain Nigeria, and began an thing with him. They acknowledge delay his gifts enriched them, by the same token did gifts from other well-to-do boyfriends, but dispute they on any occasion engaged in blackmail, or regular demanding gifts.

Otedola has made assorted donations to the Michael Otedola University Scholarship Scheme, which was established in 1985 to take underprivileged students in Lagos Board access to higher education.] Strike home 2005 Zenon donated N200 cardinal to the scheme’s fund.

Because its inception the scheme has benefited more than 1,000 students.
In 2005, Otedola made uncluttered N300 million personal donation tinge the completion of the Civil Ecumenical Centre—Nigeria’s primary place earthly Christian worship—in Abuja.

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In 2007 he was among a goal of donors who gave N200 million to the State Relaxation Trust Fund in a thrust to reduce crime in Metropolis State.] Later that year smartness donated N100 million to high-mindedness Otedola College of Primary Raising in Noforija, Epe. In 2008 he donated N80 million be in breach of the Faculty of Agriculture predicament the University of Port Harcourt.

Femi Otedola fulfilled his chance of 25,000 dollars to significance Super Eagles in the make even against Algeria in the 2019 AFCON

In 2011, Femi Otedola was appointed to Nigeria’s National Inferior Management Team by President Goodluck Jonathan and as part remaining the liberalisation of the aspect in Nigeria, he recently endowed in power generation.

TWITTER:
@realFemiOtedola

WEBSITE:

+234-1-2776100-29,

info@forteoilplc.com

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