Nigeria’s foremost entrepreneur, Femi Otedola, has appealed to President Bola Tinubu to release the full report by the Aigboje Aig-Imoukhuede panel carried out under the Goodluck Jonathan administration on the controversial fuel subsidy regime. In a statement yesterday, Otedola insisted that Nigerians deserve to know the truth about those who looted public funds under the…
Billionaire businessman, Mr Femi Otedola, yesterday said that up to N2 trillion was siphoned in questionable fuel subsidy claims under the Goodluck Jonathan administration, narrating how he warned the ex-President about fraudulent oil marketers at the time. In a statement on recent issues in the oil and gas sector, especially in the downstream, Otedola also…
First HoldCo Plc has officially denied reports linking its chairman, Femi Otedola, to the recent N323.4bn block sale of its shares, clarifying the actual parties involved in the transaction. In a statement signed by the First HoldCo’s Company Secretary, Adewale Arogundade, on Friday, the company addressed rumours circulating in the print and digital media about…
President Bola Tinubu on Thursday praised some of Nigeria’s top industrialists, describing them as “wise men”. The president made the remark during the commissioning of the access road to the Lekki Deep Sea Port in Lagos, lauding the project as “a great phenomenon of our time”. “I landed here with four wise men: Jim Ovia…