Femi Otedola still soaring high - The Nation Newdspapers

Despite his foray into the power sector, Otedola, it is believed still has wields the magic wand with which he turned around the fortune of moribund African Petroleum, AP, which he rechristened Forte Oil.Evidence that he still possesses the Midas touch, his N64.3bn investment in the energy sector, Geregu Power Plant, is already giving his rivals sleepless nights. The company is not only yielding good investment, it has revamped the energy sector for good.

Though he’s the son of a former Lagos State governor, late Sir Michael Otedola, FO, as he’s fondly called, had sowed with sweats and currently reaping bountifully. Many years after he floated his business, he resolved to pursue his dream on a global stage. And though it looked an impossible task, in the beginning, FO is swimming across global business waters in success just like his Nana yacht does across various waters.

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