Celebrating Femi Otedola with 9 of his business, quotes

Celebrating his 58th birthday today is the widely known Nigerian billionaire, Femi Otedola. He was born on a day like this in 1962.

Known as the Chief Executive Officer of Forte Oil Plc, Mr. Femi began his career in the 1980’s where he worked as a marketing personnel for his family’s printing business before he ventured into oil and gas.

Foreseeing the opportunities in the business led him to establish Zenon Petroleum Oil and Gas Limited in 2003 and as it yielded, he bought shares from African petroleum and was appointed the Chairman because of his shares.

The name African petroleum was later changed to Forte Oil Plc with lots of improvement in management and technology put in place by Femi after he owned the biggest share in the company.

Femi is also the president of SeaForce Shipping Company Limited. Consistent in his business career, he took a path into the financial industry. He is one of the major shareholders in Zenith and United Bank of Africa (UBA).

Otedola has embarked on numerous philanthropic gestures to help and support a good work cause from the federal government, to schools, businesses, etc.

CentreForce Limited, Swift Insurance, Forte Oil, Zenon Petroleum and Gas Limited, Gegeru Power Plc and others are some of his hard earned companies. He also owns shares in numerous companies in and outside Nigeria and is ranked one of the richest people in the world.

Otedola is married with 4 children. DJ cuppy is populous among his children.

Some of his business and inspiring quotes.

1.“When you have a business model you must adhere strictly according to what you want to achieve.”

2.“As I cannot be in all places at all times, the key is to ensure that I have a sound team which steers the ship in the right direction under my guidance.”

3.“Being a good entrepreneur doesn’t necessarily make you a good manager of a business.”

4.I have only two things in this world, my word and my courage and I break them for nobody.

5.My word is my bond and this has always been the bedrock on which my life is based.

6.Matching words with action is the hallmark of Integrity.

7.Giving back and leaving society a better place than I met it is always of utmost importance to me.

8.Hearing the word “No” is not the end of the world. Keep your eyes on the big picture. Take a step back, probe, reassess and try again. If you fail, try again and again.

9.Integrity is keeping your word.