Afrigather Nigerian billionaire, Femi Otedola’s huge wealth and success in enterprise have partly been attributed to the sturdy community of enterprise associates and companions he has constructed through the years. These influential people who’ve performed a key position in his success are instrumental in shaping the enterprise panorama in Nigeria.
From banking and finance to power and philanthropy, these people signify a number of the most distinguished and achieved leaders of their respective fields. Their collaborations with Otedola have led to the expansion and success of quite a few ventures in Nigeria and past.
Let’s delve into the tales of those influential people and see how their relationships with Otedola have helped to form the Nigerian enterprise panorama.
Aliko Dangote
Africa’s Richest Individual, Aliko Dangote is the Founder and Chairman of the Dangote Group, the biggest conglomerate in West Africa that employs over 30,000 folks and focuses on the manufacturing of sugar, cement, salt and different shopper items. Dangote’s relationship with Femi Otedola started over 25 years in the past and has been described as a friendship made in heaven. Otedola, who has had his justifiable share of enterprise troubles as soon as acknowledged that he respects Dangote and receives enterprise insights from him.
Otedola and Dangote each management companies with related holdings in actual property, power, oil, agriculture and building. They’ve additionally prolonged the bond they share with their households and have been sighted collectively on plenty of events. They each not too long ago visited the President-elect, Bola Ahmed Tinubu, a mutual pal, to congratulate him on his victory on the 2023 presidential polls. As busy as their schedules are, stories counsel they make out time to sometimes hang out with one another.
Donald Duke
Donald Duke, Former governor of Cross River State has been vastly celebrated for his contributions to agriculture, city improvement, authorities, surroundings, info and communication, funding drive, and tourism. He has additionally been celebrated for making Calabar the cleanest metropolis in Nigeria. The previous governor is an in depth pal of Femi Otedola and Aliko Dangote. Stories say they spent the early days of their lives collectively in Surulere, Lagos.
The web is crammed with photos of the three good pals taken at occasions to commemorate their friendship. Duke has additionally been celebrated for attracting billion-naira funding to the state within the type of Dangote Cement.
Wale Tinubu
Wale Tinubu, the CEO of Oando Plc, a Nigerian oil and gasoline firm can be an in depth affiliate and enterprise associate of Femi Otedola. In response to stories, each businessmen have labored collectively on a number of enterprise ventures. Throughout one in all Otedola’s visits to Oando Plc’s amenities, he counseled Wale for bringing Europe to Nigeria.
Wale Tinubu is understood for his profitable transformation of Oando from a petroleum advertising and marketing firm to an built-in power group, including worldwide provide and buying and selling, gasoline and energy, power providers and exploration and manufacturing to its operations portfolio.
Jim Ovia
Jim Ovia is the Founder and Chairman of Zenith Financial institution, one in all Africa’s largest banks. He has labored intently with Femi Otedola on a number of enterprise ventures. Talking on how he secured full management of the diesel provide infrastructure together with his firm, Zenon Petroleum and Gasoline Restricted, Otedola stated, “I contacted Zenith Financial institution, offered my pitch on the enterprise and the way we might finance it. I had a gathering that hardly lasted for 10 minutes with Jim Ovia, he believed in me and it was a completed deal.”
Otedola credited Ovia for his help when he suffered an incredible monetary ordeal that just about made him commit suicide. Otedola noted that “Jim Ovia understood the scenario and supplied a restructure of the loans for ease of fee.” Asides from his counsel and help to Otedola, the duo additionally share the identical birthdate.
Bola Ahmed Tinubu
Bola Ahmed Tinubu, Nigeria’s president-elect can be an excellent pal of Otedola. They each have performed important roles within the political house of Nigeria’s business capital metropolis, Lagos. Otedola’s father, Michael Otedola was governor of Lagos, just a few years earlier than Tinubu turned governor. Forward of the 2023 presidential elections, Otedola boldly declared help for Tinubu’s candidacy describing him as his nice pal.
In a tweet, he wrote, “I’m all the time excited visiting my Nice Buddy Asiwaju Ahmed Bola Tinubu @officialABAT. Could God grant him his coronary heart’s want in turning into the President of this nice Nation …”
