Nigerian Mogul Femi Otedola Explains Why He Sold His Shares In Forte Oil

Nigerian Mogul Femi Otedola Explains Why He Sold His Shares In Forte Oil



Aynaijang News crew learnt few days ago that  Nigerian oil magnate, Femi Otedola via a letter
to the Nigerian Stock Exchange announced his decision to sell his 75%direct and indirect shareholdings in Forte Oil that has led

The news was received with mixed reactions from Nigerians and while responding to a comment on Instagram, Otedola explained the reason for his decision.
.
In his words, "to diversify into other areas of the economy such as petroleum products refining that require huge capital outlay."


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