Ibadan, Oyo State
Ifeoluwa Florence “DJ Cuppy” Otedola
Tolani Olawumni Christine Otedola
Elizabeth Temi Otedola
Chairman, Forte Oil PLC (formerly known as African Petroleum Plc); Chairman, Geregu Power PLC.
– Non-Executive Director, Transnational Corporation of Nigeria Plc, 2006 – 2011;
• Chairman, Transcorp Hilton Hotel Abuja.
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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