A lawyer has explained why Femi Otedola cannot be prosecuted for bribery over the fuel subsidy case involving Hon Farouk Lawan. EKO HOT BLOG reports that a professor of law, Yemi Akinseye-George, SAN, has said it is impossible for the Federal Government to charge oil magnate, Femi Otedola, with bribery in the case involving Hon … Read more
A former deputy governor of Lagos between 1992 and 1993, Sinatu Ojikutu, says only ex-governors and their deputies who served from 1999 benefit from the 2007 pension law of the state. Sinatu disclosure is coming in the wake of Governor Babajide Sanwo-Olu move to abrogate the pension and entitlements of former governors and their deputies. … Read more
Femi Otedola, Nigerian billionaire businessman, has reacted to the horrors that trailed the #EndSARS protests around the Nigeria. The businessman commiserated with Nigerians who lost dear ones during the #EndSARS protests and the Lekki shootings. Otedola also recalled joining the ”Ali must go” protest in 1978 as a 16-year-old boy. In a fatherly note, the … Read more
Seun Kuti Tells Nigerians Insulting Their Parent Over Ferrari Ekohotblog, September 19, 2020… Popular singer, Seun Kuti says parents whose kids have been insulting online over exotic cars Otedola bought for his daughters deserved it. The singer took to his social media account to share his view on the latest Otedola trend. Ekohotblog reported barely … Read more
The board of Forte Oil Plc has called for a special meeting to be held in Lagos next month to approve the renaming of the company to Ardova Plc. Ekohotblog Recalls that in June 2019, former majority shareholder of the energy firm, Mr Femi Otedola, sold his 75 percent equity stake in the company to … Read more
Charitable billionaire businessman, Femi Otedola, has come to the rescue of ailing veteran singer, Majek Fashek. According to The Capital, an online news tabloid, Majek’s manager, Uzoma Day Omenka, confirmed the intervention of Otedola to pick the medical bills of the ‘Rainmaker’, who is currently receiving treatment in a London hospital. Recalling, Otedola had earlier … Read more
Chairman of Forte Oil Plc, Femi Otedola, has praised his daughter, Temi, for being featured by media powerhouse, Cable News Network (CNN). Mr Otedola expressed his pride in an Instagram post on Tuesday. “My baby angel @jtofashion graces @cnn – full program coming soon! Papa is proud ??❤ … F.Ote?,” he wrote. Femi Otedola has … Read more