Born November 4, 1962

Ibadan, Oyo State




Femi Otedola is a top-rated Nigerian Businessman, Entrepreneur, Philanthropist and one of the richest persons in Nigeria. He was the second Nigerian to make the FORBES billionaires list in 2009.
Gender: Male
Marital Status
  • Married
Name of Spouse Nana Otedola
Father's Name Sir Micheal Otedola
Father's Status N/A
Mother's Name Lady Doja
Mother's Status N/A
Number of Male Children 3
Number of Female Children 1

Ifeoluwa Florence “DJ Cuppy” Otedola
Tolani Olawumni Christine Otedola
Elizabeth Temi Otedola
Fewa Otedola

Profession Entrepreneur , Philanthropist
Working Experience Managing Director, Impact Press Limited, 1988; Founder, Centreforce Ltd, 1994-; President/CEO, Zenon Petroleum & Gas Ltd; President(Nga) Chamber Shipping; President/CEO, Seaforce Shipping Co Ltd; President/CEO, Atlas Shipping Agency Co Ltd; President/CEO, FO Transport Ltd; President/CEO, FO Properties Ltd; President/CEO, Swift Insurance Brokers Ltd; President/CEO, Garment Care Ltd.

Chairman, Forte Oil PLC (formerly known as African Petroleum Plc); Chairman, Geregu Power PLC.

Previous Appointments:

– Non-Executive Director, Transnational Corporation of Nigeria Plc, 2006 – 2011;

• Chairman, Transcorp Hilton Hotel Abuja.

Obafemi Awolowo University 1980–1985; London College of Printing, 1985

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

Femi Otedola dived into oil business in year 2003 after identifying an opportunity in the fuel retail market, that was when he secured the name to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company. In year 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.

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



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