Politics
Billionaire businessman, Femi Otedola publicly backs Tinubu for Presidency
Billionaire businessman, Femi Otedola is supporting and backing the Presidential candidate of the All Progressives Congress (APC) ahead of the 2023 general elections.
The Nigerian businessman and former chairman of Forte Oil PLC, Tuesday, shared an image of himself with the Presidential candidate after a visit to Tinubu who has been in France for some days now.
Otedola on his social media handle, twitter, wrote, “I am always excited visiting my Great Friend Asiwaju Ahmed Bola Tinubu @officialABAT“.
Otedola, the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance is the first businessman to publicly declare his allegiance for a Presidential candidate.
He continued, in his post, “May God grant him his heart’s desire in becoming the President of this great Nation”
Otedola who only recently invested in power generation as part of the liberalisation of the sector in Nigeria has been a long time friend and associate of the APC Candidate. Currently, as at October 2021, he was announced as the single largest shareholder (5.07%) of First bank PLC.
The presidential candidate of the All Progressives Congress, APC, Asíwájú Bola Ahmed Tinubu, jetted out to France as part of his ongoing consultative visits ahead of next year’s presidential election.
The APC national leader traveled out of the country early last Monday morning after meeting with President Muhammadu Buhari at the Presidential Villa.
“He is off to Paris, France, to hold some important meetings. The APC standard bearer is expected back in the country shortly,” said his Media Office in a statement signed by Tunde Rahman.
After months of intense horse-trading among various power blocs within the ruling All Progressives Congress (APC), the former Lagos State governor, Bola Tinubu, was in June, declared the winner of the presidential primary of the party.
At the presidential primary concluded in Abuja Wednesday, Tinubu, who polled 1,271 votes, defeated 13 others in the race. His closest opponent was the former minister of transportation, Rotimi Amaechi, who scored 316 votes.
Tinubu, while declaring his intention to run for the presidency of Nigeria in January, said it has always been his lifetime ambition.
He disclosed this at the State House shortly after visiting President Muhammadu Buhari. He was also the first of the aspirants to officially make public his intention to run.
