In 2007  the Bluestar Consortium  led by Dangote  oil magnate Femi Otedola and others  committed US$721 million to buy two oil refineries just days before President Olusegun Obasanjo left office (AC Vol 49 No 22  Economy: Trouble in the markets)...
	 
    
    
    
    
        
	
	     Forbes-listed billionaires and captains of industry Aliko Dangote  Folorunso Alakija  Femi Otedola  Herbert Wigwe  Tony Elumelu  and Ibukum Awosika have offered billions of naira in donations to help speed up medical outreach and facilities...
	 
    
    
    
    
        
	
	     The refinery  when operational  should transform the market in fuel  in which Aiteo  Oando  Femi Otedola's Forte Oil and Tonye Cole's Sahara Petroleum are leading players  and in the partly privatised power sector...
	 
    
    
    
    
        
	
	     Corporate barons are more taciturn than their political counterparts but the absence of businessmen such as Aliko Dangote and Femi Otedola at PDP fundraisers sends its own message...
	 
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	     Then the credibility of the members of parliament nose-dived when it emerged that Committee Chairman Farouk Lawan had been caught in a sting operation  demanding bribes from billionaire fuel importer Femi Otedola (AC Vol 54 No 11  Blocking the great reform bill)...
	 
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	     He was charged with corruption in February for accepting bribes to remove Femi Otedola’s Zenon oil trading company from scrutiny...
	 
    
    
    
    
        
            Vol 6 (AAC) No 10 | 
            - NIGERIA
 - CHINA
 
        
        
		
        
        
    
        
	
	     Femi Otedola  the Chairman of Forte Oil and a friend of Jonathan's who also joined the delegation  is working with new Chinese partners  in the power sector...
 The Amperion group is backed by Forte Oil  a company owned by Nigerian diesel-importing magnate Femi Otedola...
	 
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	     The most effective attempt has been by Femi Otedola  the Chief Executive of the biggest fuel trader  Zenon Oil  and a close ally of Jonathan (AC Vol 52 No 18  All the President's businessmen)...
	 
    
    
    
    
        
	
	     When Jonathan opened the Dangote Cement factory at Ibeshe in Ogun State last month  he told Alhaji Aliko Dangote  Femi Otedola  Wale Tinubu and other industry captains that he was ready to go anywhere in the country to open factories  because Nigerians needed jobs...
	 
    
    
    
    
        
	
	        Zenon Oil’s Chief Executive Officer  Femi Otedola  who is a known friend of Jonathan’s  was said to have collected subsidies worth billions of naira...