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Otedola’s Dirty Deals During Obasanjo Administration - Politics - Nairaland

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Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:06pm On May 09, 2023
Femi Otedola needs to stop regaling the public with cock and bull stories. If we are to believe him, then in the past few months, his life has become an intriguing Nollywood movie. After he claimed that a mysterious Alhaji tried to convince his butler to poison him, he fled to the United Kingdom and promised to remain there till the police solved the case. When I first heard that remarkable story, I wondered why the newly named “Forbes” billionaire did not simply arm his butler with a surveillance device and instruct him to get some evidence of the conspiracy on tape. That way, Otedola would have been able to back his incredible tale with some proof.

Otedola did not stop there. He cooked up another creative ploy to tarnish the image of Alhaji Aliko Dangote, a towering industrialist whose philanthropy and dedication to Nigeria has added great value to the Nigerian economy. Through African Petroleum, the oil company which he controls, Otedola placed some advertisements in leading Nigerian newspapers claiming that Dangote and Nova securities were responsible for the steep fall of AP’s share price on the Nigerian Stock Exchange. The company supported its claim with CSCS statements purportedly belonging to Dangote and Nova Securities and asked the SEC to launch an investigation.

The SEC investigated the allegations and concluded that there was no proof that Dangote instructed his stockbroker to manipulate AP’s shares. It also concluded that the CSCS statements were fraudulently obtained and fined AP and NOVA for their respective offences. They also barred NOVA Securities from operating in the stock market for a certain period of time. Since then, Otedola has allowed his odium for Dangote drive him into a maniacal rage that could eventually result in self-immolation.

The truth is that Otedola is Nigeria’s greatest manipulator and economic saboteur. With the backing of some powerful government officials, he singlehandedly bullied Peter Okocha’s Sadiq Petroleum into selling its stake in AP and then manipulated the company’s stock to abnormal heights prompting an SEC investigation. He the colluded with Afribank Registrars to withhold share certificates from investors who wanted to sell their shares. When the stock market collapse sparked a run on the stock exchange, shares of companies like AP were the first to fall.

Instead of admitting that AP’s shares were manipulated, Otedola decided to accuse Dangote of being behind the fall simply because his plan to buy Chevron Texaco’s marketing arm had been thwarted by Sayyu Dantata, a relative of Dangote. Femi Otedola’s willingness to destroy Dangote at all cost is becoming a matter of national security. We understand that he has threatened to do everything within his power to destroy Dangote’s businesses. Otedola should remember that the Dangote Group is one of the major pillars of the Nigerian economy and that any attack on Alhaji Aliko Dangote is an attack on Nigeria.

Unlike Otedola, whose shameless racketeering and price-fixing is destroying the economy, Dangote has invested a lot of money in the real sector and is a role model for future generations. We are worried that Otedola’s envy could soon blow over and propel him to do something that he would forever regret. Last year, he announced a much publicized 2 billion naira investment in the sugar and cement sectors ostensibly to crash the prices and make life easier for the common man. He then launched an intensive advertising campaign promoting Otedola Portland Cement. Dangote did not try to stop him because as a true capitalist, he believes in healthy competition. However, Otedola is yet to produce a single bag of cement or one cube of sugar.

In order to understand Otedola’s animosity towards Dangote, it is pertinent to examine the cause of this crisis. Sometime last year, Chevron Global Holdings announced that it had sold 60% of its Nigerian subsidiary to Corlay Global SA and Petrocci Holdings, companies controlled by Sayyu Dantata, a nephew of Dangote who is a billionaire in his own right. When Otedola heard the news, he went ballistic and claimed that Dangote had stabbed him in the back by using Sayyu Danatata as a front to clinch the deal. He claimed that he had discussed his strategy with Dangote and that they had a gentleman’s agreement that they wouldn’t encroach on each other’s business.

Since then Otedola has launched a war against Dangote by sponsoring media attacks against him and generally impugning his character. Otedola does not understand that Aliko Dangote and Sayyu Dantata are two different people. Sayyu Dantata is an independent and successful businessman who takes his own decisions. Even if he wanted to, Dangote cannot stop him from buying something that he wants. He does not need Dangote’s support to obtain financing from Nigerian banks. According to industry insiders, his turnover for last year was almost 200 billion naira.

Otedola on the other hand is a crooked businessman who has gained a reputation for selling adulterated diesel products and sabotaging Nigeria’s power plants. His main reason for attempting to buy Chevron Texaco was to keep the price of diesel unnaturally high thereby increasing the operating costs of Nigeria’s struggling industries. Nigerians should be grateful to Sayyu Dantata for saving them from this incorrigible monopolist. He should leave Aliko Dangote alone. Dangote has distinguished himself as a great Nigerian who has provided employment for numerous Nigerians.

Otedola parlayed the money that his father took from Lagos. We remember when Otedola was a printing consultant hanging around Global Excellence’s offices and begging Mayor Akinpelu to get jobs for him. Now that he is wealthy, he has become a monster who routinely arrests his workers and once beat up a reporter for daring to take photographs of his house. He is also a known pervert who has subjected his wife to years of abuse and even sleeps with Zenon’s married company secretary, Yewande Giwa.
https://www.thenigerianvoice.com/news/376/femi-otedolas-dirty-deals.html

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Re: Otedola’s Dirty Deals During Obasanjo Administration by slivertongue: 2:10pm On May 09, 2023
Toh

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:10pm On May 09, 2023
From the non=en+tity who does not have primary school in his village

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:15pm On May 09, 2023
Same strategy Otedola used against Dangote years ago, he's using against Elumelu, Only ignorant mind or those suffering from low memory doesn't remember what Otedola did to Peter Okocha the then biggest shareholder in African Petroleum and used his closeness to Obasanjo and bullied him out of AP, same AP he couldn't nurture and sold it out, now he is looking for Transcorp, he don meet waiting pass m he is now crying like hungry baby

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Nobody: 2:15pm On May 09, 2023
grin Shey this is Tony fighting back because I am yet to see the catchy Topic in the subject matter .. Alhaji and Fote$ comes a long way ...you na still want put sand for their garri.

7 Likes 2 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:18pm On May 09, 2023
Afamed:
From the non=en+tity who does not have primary school in his village
Very unstable tribe and insecured people na them started Ghana most go, now na Igbo, tomorrow them go face North and other tribes, na Dangote refinery them they target grin grin

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:20pm On May 09, 2023
jackcanfield:
grin Shey this is Tony fighting back because I am yet to see the catchy Topic in the subject matter .. Alhaji and Fote$ comes a long way ...you na still want put sand for their garri.
Otedola has fought Dangote before most of you are new, they know Otedola very well

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:21pm On May 09, 2023
post=123028684:

Very unstable tribe and insecured people na them started Ghana most go, now na Igbo, tomorrow them go face North and other tribes, na Dangote refinery them they target grin grin

It is better for non violence Tribe to target Dangote Refinery than the world NO 10 terrorist tribe to burn down Dangote Refinery

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:25pm On May 09, 2023
post=123028684:

Very unstable tribe and insecured people na them started Ghana most go, now na Igbo, tomorrow them go face North and other tribes, na Dangote refinery them they target grin grin

Simple ask yourself why non of the Dangote company is located in the east. He knows the world NO 10 Terrorist group will not hesitate to burn it down hence, the reasons all his companies are located in the west

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:25pm On May 09, 2023
Afamed:


It is better for non violence Tribe to target Dangote Refinery than the world NO 10 terrorist tribe to burn down Dangote Refinery

Make una try m watch how Fulani fought you guys in Dangote cement plant In Ogun


https://www.youtube.com/watch?v=HRjDJsq0F8Y

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:28pm On May 09, 2023
post=123028684:

Very unstable tribe and insecured people na them started Ghana most go, now na Igbo, tomorrow them go face North and other tribes, na Dangote refinery them they target grin grin

Even your kinsmen are all trooping to west to put up there companies, they know the world NO 10 terrorist in the east will not hesitate to burn them down in the east

20 Likes 7 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:29pm On May 09, 2023
Afamed:


Simple ask yourself why non of the Dangote company is located in the east. He knows the world NO 10 Terrorist group will not hesitate to burn it down hence, the reasons all his companies are located in the west
Dangote tried to buy Nkakagu cement, Ibeto prevented him, he tried to buy ANAMCO GUO refused to sale his shares to him

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Karlovych: 2:30pm On May 09, 2023
embarassed Af*njer and playing victim is like bread and butter, it was the same way Awo started playing victim after stabbing the rest of the country in the back.

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Re: Otedola’s Dirty Deals During Obasanjo Administration by mrvitalis(m): 2:30pm On May 09, 2023
Afamed:


Simple ask yourself why non of the Dangote company is located in the east. He knows the world NO 10 Terrorist group will not hesitate to burn it down hence, the reasons all his companies are located in the west
Why would we allow outside invest when we can do it by ourselves


Lmao 99% f businesses in Igbo land are Igbo owned ... making it pandemic, and attack proof

But don't think you are smart enough to know the dangers of outsiders tuning to Ur economy like we do to u

12 Likes 1 Share

Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:30pm On May 09, 2023
Afamed:


Even your kinsmen are all trooping to west to put up there companies, they know the world NO 10 terrorist in the east will not hesitate to burn them down in the east



https://www.youtube.com/watch?v=V-jB295tCIw

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Re: Otedola’s Dirty Deals During Obasanjo Administration by pandoragirigory: 2:31pm On May 09, 2023
Hehehehehehehehehe chukwudi has turn it to ethnic battle

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:31pm On May 09, 2023
post=123028966:

Dangote tried to buy Nkakagu cement, Ibeto prevented him, he tried to buy ANAMCO GUO refused to sale his shares to him

Give us another story line, this one is dead on arrival. We are used to your lies, deceit and propaganda

15 Likes 7 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:33pm On May 09, 2023
Afamed:


Give us another story line, this one is dead on arrival. We are used to your lies, deceit and propaganda
Why is your media overhyped Otedola crying for Elumelu

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Cyberterror: 2:36pm On May 09, 2023
Your wailing should be geared towards the fact that Tinubu's Alpha beta will still be collecting tax from Elumelu, Dangote, etc in his Lagos state while still the President. The man is the real jagaban of Nigeria.

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:36pm On May 09, 2023
mrvitalis:

Why would we allow outside invest when we can do it by ourselves


Lmao 99% f businesses in Igbo land are Igbo owned ... making it pandemic, and attack proof

But don't think you are smart enough to know the dangers of outsiders tuning to Ur economy like we do to u

You simply do not want competitors , hence the major reasons you dont open your region for investors.

Even almighty US, UK, China , non of them is doing it alone without foreign investors .

No sane person will invest in World NO 10 deadliest terrorist environment

15 Likes 6 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Raf4: 2:37pm On May 09, 2023
post=123028684:

Very unstable tribe and insecured people na them started Ghana most go, now na Igbo, tomorrow them go face North and other tribes, na Dangote refinery them they target grin grin

You this anambrafuckingidiot, you're just a terrible tribal bigot. All your miserable life, you only see Yoruba as problems or causes of anything unpalatable to your tribe or tribesmen.
Otedola and Elumelu call themselves friends and business colleagues. Otedola just split what transpired between the two of them in the business world, and here you're tribalising the whole thing just as you always do as per your stock in trade.
You better grow up and stop living your life in extreme bitterness and soul eating hatred towards others.

22 Likes 6 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by slowice(m): 2:39pm On May 09, 2023
We all know what otedola is and what he is capable of. One of naijas biggest saboteurs so he should stop acting holier than thou.

He only met his match in Tony enough of the wailing please

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:40pm On May 09, 2023
mrvitalis:

Why would we allow outside invest when we can do it by ourselves


Lmao 99% f businesses in Igbo land are Igbo owned ... making it pandemic, and attack proof

But don't think you are smart enough to know the dangers of outsiders tuning to Ur economy like we do to u

99% business in Igbo land are owned by Igbo yet on a daily basis , una dey troop to other regions , to take up the employment opportunity

Una no dey shame

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:43pm On May 09, 2023
Raf4:


You this anambrafuckingidiot, you're just a terrible tribal bigot. All your miserable life, you only see Yoruba as problems or causes of anything unpalatable to your tribe or tribesmen.
Otedola and Elumelu call themselves friends and business colleagues. Otedola just split what transpired between the two of them in the business world, and here you're tribalising the whole thing just as you always do as per your stock in trade.
You better grow up and stop living your life in extreme bitterness and soul eating hatred towards others.

Anu these are your posts

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:48pm On May 09, 2023
Raf4:


You this anambrafuckingidiot, you're just a terrible tribal bigot. All your miserable life, you only see Yoruba as problems or causes of anything unpalatable to your tribe or tribesmen.
Otedola and Elumelu call themselves friends and business colleagues. Otedola just split what transpired between the two of them in the business world, and here you're tribalising the whole thing just as you always do as per your stock in trade.
You better grow up and stop living your life in extreme bitterness and soul eating hatred towards others.

That boy, is the NO 1 tribal bigot in this forum.

There was a insultive post of his, he made about the northern 2 yrs ago. That boy is unstable, a big bigot

14 Likes 2 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 2:49pm On May 09, 2023
Afamed:


99% business in Igbo land are owned by Igbo yet on a daily basis , una dey troop to other regions , to take up the employment opportunity

Una no dey shame
Igbos are not like your lazy tribe they are in every part of the world building their businesses, Otedola should stop crying, he should nurture his own business, he acquired biggest stake almost the same time Elumelu acquired Transcorp, he couldn't manage AP he sold his stake in AP now looking to Transcorp because of Ughelli Power Plant, Ughelli is in Delta grin grin he thinks Elumelu is Peter Okocha

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Re: Otedola’s Dirty Deals During Obasanjo Administration by Godwin4444: 2:53pm On May 09, 2023
post=123028607:
Only ignorant mind or those suffering from low memory doesn't remember what Otedola did to Peter Okocha the then biggest shareholder in African Petroleum and used his closeness to Obasanjo and bullied him out of AP, same AP he couldn't nurture and sold it out, now he is looking for Transcorp, he done meet waiting pass m he is now crying like hungry baby
u igbos n the way u reason backward

So cos otedola called out elumelu now it has suddenly turn to attack on otedola

U people are turning it into Igbo vs Yoruba thing, like seriously na real wah for u igbos

15 Likes 3 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Afamed: 2:53pm On May 09, 2023
post=123029403:

Igbos are not like your lazy tribe they are in every part of the world building their businesses, Otedola should stop crying, he should nurture his own business, he acquired biggest stake almost the same time Elumelu acquired Transcorp, he couldn't manage AP he sold his stake in AP now looking to Transcorp because of Ughelli Power Plant, Ughelli is in Delta grin grin he thinks Elumelu is Peter Okocha

Like I said . I dont engage mo_ro+n / local champion/ kindergarten who does not have community primary school in his village

10 Likes 4 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Raf4: 2:59pm On May 09, 2023
Afamed:


That boy, is the NO 1 tribal bigot in this forum.

There was a insultive post of his, he made about the northern 2 yrs ago. That boy is unstable, a big bigot

That's his stock in trade. He is one of those who always attract hatred for igbos and rendered them politically naked.

7 Likes 2 Shares

Re: Otedola’s Dirty Deals During Obasanjo Administration by Anambra1stSon(m): 3:21pm On May 09, 2023
Raf4:


That's his stock in trade. He is one of those who always attract hatred for igbos and rendered them politically naked.
Who doesn't know your tribe

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Re: Otedola’s Dirty Deals During Obasanjo Administration by OVB123: 3:26pm On May 09, 2023
post=123028607:
Only ignorant mind or those suffering from low memory doesn't remember what Otedola did to Peter Okocha the then biggest shareholder in African Petroleum and used his closeness to Obasanjo and bullied him out of AP, same AP he couldn't nurture and sold it out, now he is looking for Transcorp, he done meet waiting pass m he is now crying like hungry baby

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