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Top 10 Businesses Owned by Femi Otedola - 247 Yawa Trends 

Dear readers! This week, we're diving into the world of one of Nigeria’s most dynamic and influential businessman Femi Otedola. Known for his sharp business acumen and diverse portfolio, Otedola’s ventures span various sectors, illustrating keen insight and a knack for spotting lucrative opportunities. If you’re curious about the companies under his wing and how he’s shaping various industries, this post is for you.

So, without further ado, let’s explore the top 10 businesses owned by Femi Otedola and unpack what makes each of them notable in Nigeria’s bustling business landscape.

1. Forte Oil PLC

Often the first name that comes to mind when talking about Otedola’s empire, Forte Oil is a major player in Nigeria’s oil and gas sector. Originally founded by his father, this company deals in the importation, storage, distribution, and marketing of petroleum products. Although Otedola sold a significant portion of his stake in recent years, Forte Oil remains a cornerstone in his career and a vital influence in the energy sector.

2. Zenon Petroleum and Gas Limited

Zenon is another energy-focused venture, specializing in the supply of premium petroleum products. Known for emphasizing quality and transparency, Zenon has gained a reputation for being reliable and customer-friendly in a competitive market.

3. Atlantic Energy Drilling Concept Limited

When it comes to upstream oil exploration and drilling services, Atlantic Energy is Femi’s influence behind the scenes. This company represents a significant step into the technical and capital-intensive segment of the oil industry, highlighting his diversified interests.

4. Efin Petrol & Gas

Operating within the fuel distribution and retailing space, Efin Petrol & Gas serves as yet another channel through which Otedola’s brand of business excellence reaches consumers nationwide.

5. Atlas Petroleum

Atlas Petroleum complements the rest of the energy group by focusing primarily on marketing and supplying petroleum products. Together with his other companies, it completes a robust network in Nigeria’s oil supply chain.

6. Geregu Power Plc

Diversifying beyond oil, Geregu Power represents Otedola’s significant footprint in Nigeria’s power generation sector. With Nigeria’s long-standing energy challenges, this company plays a vital role in boosting electricity supply and reliability.

7. SFS Aviation Limited

Stepping outside the energy-heavy ventures, SFS Aviation marks Otedola’s interests in aviation and logistics. Catering to business and private flights, it provides a glimpse of his ambition to cover diverse, high-growth sectors.

8. Goxygen Limited

In recent times, we’ve seen a surge in healthcare-related businesses, and Goxygen Limited is Otedola’s contribution to this trend. The company specializes in the manufacturing and distribution of medical gases, critical for hospitals and clinics across Nigeria.

9. Atlantic Energy Drilling Services

This enterprise is closely linked to offshore and onshore drilling operations and underlines Otedola’s position in the technical aspects of oil service provision, reinforcing the upstream segment of his business spectrum.

10. Energy Resources Group

Finally, Energy Resources Group serves as an umbrella for several smaller but strategically important businesses, focusing on energy trading and resource management. This group helps Otedola maintain agility in a volatile market.

Looking across these companies, a clear pattern emerges: Femi Otedola is not just about accumulating wealth but about building a resilient and diversified business portfolio that touches critical sectors of Nigeria’s economy. From oil and gas to power, aviation, and healthcare—his investments reflect both foresight and adaptability.

Thanks for joining me in this quick journey through Femi Otedola’s business empire. Whether you’re an aspiring entrepreneur or simply curious about Nigeria’s business titans, there’s always something to learn from his approach.

Stay tuned for next week’s post, where we’ll explore emerging business trends shaping Africa’s future. Until then, keep your curiosity alive and your ambitions high!

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