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When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) - Business - Nairaland

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When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by TMSMedia: 11:49am On Mar 26, 2021
When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Photos)

Nigerian billionaire businessman and philanthropist, Femi Otedola took to his Instagram handle to share photos of his investiture as the president of the Nigerian chamber of shipping in the year 2005, when he was the largest ship owner (oil tankers) in Africa, IgbereTV reports.

Sharing the photos, he wrote;

"Flashback Friday to April 21st 2005 (16 years ago), when I was the largest ship owner (oil tankers) in Africa. This day marked my investiture as the president of the Nigerian chamber of shipping ...F.Ote"
https://www.instagram.com/p/CM4HynsHl7-/?utm_source=ig_web_copy_link

In 2003, having seen an opportunity in the fuel retail market, Otedola secured the finance to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company.

By 2005, Zenon Petroleum and Gas Ltd 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.

37 Likes 7 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by TMSMedia: 11:49am On Mar 26, 2021
See

1 Like

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by TMSMedia: 11:51am On Mar 26, 2021
More

1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Jerryherd: 11:51am On Mar 26, 2021
Same circle of friends. . Otedola, Dangote, Gbajabiamila, Jim ovia

204 Likes 11 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by tutudesz: 12:11pm On Mar 26, 2021
grin Dangote, Otedola and Jim ovia good friends Supporting themselves. Jim provided financial support for them to grow.
Lawyer and Banker friends will always assist you when the times are tough

217 Likes 14 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Rahkman: 12:23pm On Mar 26, 2021
His networth has dropped drastically weytin happen?

20 Likes 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by timibare(m): 1:00pm On Mar 26, 2021
Dos times Dj cuppy never grow, baba account balance den....but now hmmm cool

57 Likes 5 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by chukslawrence(m): 1:31pm On Mar 26, 2021
Sometimes your friends tells who you really are...... see billionaires/millionaires everywhere.

16 Likes 3 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Nackzy: 1:35pm On Mar 26, 2021
Hmmmm, the Kinds of friends we keep in this Life matters, God Forbid Friends that will only talk about women, God Bless friends that will always talk about investment

286 Likes 17 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Muhylonaire007: 1:36pm On Mar 26, 2021
Hmmm
Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by koxi: 1:36pm On Mar 26, 2021
Ok. We hear!
Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by lagusboyyy(m): 1:36pm On Mar 26, 2021
Without being close to this man, I'm 100% sure, he is an introvert.

Its shows in his face.

Back then, when everywhere was still soft, I'm sure, most billionaires are feeling the heat of harsh economic conditions now.

46 Likes 3 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by GreaterFuture3: 1:36pm On Mar 26, 2021
Interesting.



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1 Like 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by wunmi590(m): 1:36pm On Mar 26, 2021
embarassed

1 Like 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by NwaNimo1(m): 1:36pm On Mar 26, 2021
And now he's sold out to....

12 Likes 2 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Nuelito: 1:36pm On Mar 26, 2021
Ego di nma inwe na okorobia...gbaba mbo..mebe ife oma..Okike mere uwa ga na agozi gi

If you are in need of Raw Original Honey...don't hesitate to contact O81 O1 66 67 71 let's talk about it now.Stay safe and blessed fam...Ya gazie

21 Likes

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Siwisheswereesh: 1:36pm On Mar 26, 2021
I think he has invested divested to Dangote refinery now embarassed

10 Likes

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by crafteck(m): 1:37pm On Mar 26, 2021
Loo
Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by illicit(m): 1:37pm On Mar 26, 2021
I see Government patronage....

2 Likes

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by fergie001: 1:37pm On Mar 26, 2021
Jim Ovia, Rhodes-Vivour, Gbaja, Dangote & co.
.....see men dem

30 Likes 2 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by BigYash: 1:37pm On Mar 26, 2021
The kind of business minded people I like working with. No be those ones when go dey tell you to find babe for them or if I get SK for hux.. Shi-Shi idea or help to grow bigger, you won't get from them. I need rich people as frds ,cux I want to be super rich also. Nairaland rich people make una carry me along. No mind my Monica wen I put BigYash o,na just Monica . I wanna be super rich,sombori help..

44 Likes 2 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by crafteck(m): 1:37pm On Mar 26, 2021
Yoruba say, house wey dey organised... Na the person wey dey there never grow... Lol... Fill in d gap

timibare:
Dos times Dj cuppy never grow, baba account balance den....but now hmmm cool

1 Like 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Emeskhalifa(m): 1:37pm On Mar 26, 2021
Even wettin Cuppy dey collect from her innocent father alone e reach to make the man money drop

4 Likes 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Abigirlsuen: 1:37pm On Mar 26, 2021
The construction of the $12,000,000,000 Dangote oil Refinery in Lagos Nigeria


https://www.youtube.com/watch?v=J9dzs46k4nA
Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by koms: 1:38pm On Mar 26, 2021
The man is tired of making money

He want to live a simple life for now

10 Likes 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by LeeSantos(m): 1:38pm On Mar 26, 2021
how did he secure the fund?
because the funds required would be huge.
make dem show us the way

2 Likes 2 Shares

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by dante0147: 1:38pm On Mar 26, 2021
Lol.. Omo this one choke
Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by PHijo(m): 1:38pm On Mar 26, 2021
Rahkman:
His networth has dropped drastically weytin happen?

Not understanding the market and Nigerian high interest rates.

4 Likes 1 Share

Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by yemionline(m): 1:39pm On Mar 26, 2021
Interesting
Re: When Femi Otedola Was The Largest Owner Of Oil Tankers In Africa (Throwback Pix) by Sijo01(f): 1:39pm On Mar 26, 2021
E don tey this man make money. Look how young he was then.

6 Likes

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