• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Billionaire Watch

Femi Otedola recounts his encounters with national icon, M.K.O Abiola

Amaka Obioji by Amaka Obioji
June 13, 2019
in Billionaire Watch, Business News
Otedola discloses how Abiola was a huge a influence to him
Share on FacebookShare on TwitterShare on Linkedin

Sometime not too long ago, the Chairman of Forte Oil Plc, Femi Otedola, recounted his childhood memories of the late M.K.O Abiola. He said he too benefitted from Abiola’s kindness and magnanimity as a young entrepreneur. Apparently, Abiola had a lot of influence on young Otedola. Little wonder he turned out to become the successful businessman that he is today.

In keeping with the times, we felt it is important to share the story again; especially now that we are still celebrating the life and time of the accomplished businessman and national icon. Enjoy the story below.

The M.K.O Abiola I Knew — Femi Otedola

RelatedStories

First HoldCo Plc Group Chairman, Mr Olufemi Otedola

Otedola files N1 billion libel suit against Umar Sani, denies subsidy allegations

September 29, 2025
First HoldCo Plc Group Chairman, Mr Olufemi Otedola

First HoldCo Chairman Otedola acquires N1.21 billion direct shares, increases indirect stake 

September 25, 2025

My first memory of Chief Abiola was around 1971, about 47 years ago, as a pupil of the Staff School at the University of Lagos where Kola, his first son, was my classmate. A dutiful father, he used to pick up his children from school regularly.

His first wife, the late Alhaja Simbiat Abiola was also my mother’s close friend.

Fast forward to 1990 when I was a young entrepreneur. I had a taste of Chief Abiola’s magnanimity and kindness. I developed the idea for an Awolowo Memorial Concert which I shared with my good friend and Papa Awolowo’s grandson, Segun, who went to see Chief Abiola about our intention to have him as the Chairman of the event. And despite his political difference with Pa Awolowo in his lifetime, he not only showed up but arrived with his late wife, Alhaja Simbiat Abiola – and they danced to the various artistes, especially Sir Shina Peters.

The highlight for Segun and I was the NGN100,000 cheque he gave us at the event. A huge amount back then and we admired it all the way to the bank.

While we were seeing them off, he took me aside, shook my hand in commendation and called me a Great Man.

In 1991, I went to tell my late father, Sir Michael to go into politics and he dismissed it saying politics is not for “omoluwabis” as he also made a reference to the travails of Chief Abiola with the NPN leading to his much-publicized retirement from politics. I succeeded in getting him (my father) to run… and the rest is history.

After my father’s victory at the polls and seeing the need to rest, the then Governor of Lagos State, Brig. Gen. Raji Rasaki (Rtd), advised him to take two weeks off, restrict visits as he provided the LASG Guest House on Joel Ogunnaike Road, GRA Ikeja, for the purpose. After a week there, I went to see my late father around 7.30 am and, lo and behold, I met Chief Abiola and Alhaja Simibiat waiting to see him in the living room. And when he saw me, he said, “Great man, where is your daddy?”

My late father felt Chief Abiola would make a great President because of his deep wisdom, large heart and pan-Nigerian outlook…

I have studied Chief Abiola’s life in politics, philanthropy and most importantly building people, and his doggedness, fairness, wisdom and a good heart are traits that should be emulated. He was a man of all seasons.

I wonder what it would have been like if Chief Abiola was sworn-in as President. Did we lose the opportunity to become the Dubai of Africa? Would Nigeria have surmounted the developmental challenges we face in health, education and industrialization?


Follow us for Breaking News and Market Intelligence.
Tags: Democracy dayFemi OtedolaMKO ABIOLA
Amaka Obioji

Amaka Obioji

Related Posts

First HoldCo Plc Group Chairman, Mr Olufemi Otedola
Energy

Otedola files N1 billion libel suit against Umar Sani, denies subsidy allegations

September 29, 2025
First HoldCo Plc Group Chairman, Mr Olufemi Otedola
Billionaire Watch

First HoldCo Chairman Otedola acquires N1.21 billion direct shares, increases indirect stake 

September 25, 2025
First Bank partners with the organizers of the E1 Lagos GP to host the first all-electric powerboat racing championship in Lagos.
Appointments

Meet Abiola Baruwa, the new group Secretary of First HoldCo 

September 24, 2025
Otedola launches official website for upcoming memoir “Making It Big” 
Billionaire Watch

Femi Otedola’s memoir now Amazon no.1 best seller in business category 

September 7, 2025
Nigerian billionaires with the highest share price gains/losses in August 2025 
Billionaire Watch

Nigerian billionaires with the highest share price gains/losses in August 2025 

September 5, 2025
Meet the richest men in Nigeria who found wealth without a university degree
Billionaire Watch

Meet the richest men in Nigeria who found wealth without a university degree

August 31, 2025
Next Post
President Muhammadu Buhari at Eagle Square, Abuja

Key takeaways from President Buhari's Democracy Day Speech

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
Palmpay
access bank
nairametrics
first bank








DUNS

Recent News

  • Fitch affirms Nigeria’s ‘B’ rating amid high inflation  
  • Ekiti state budget 2026 hits N415.57 billion, up 11% from 2025 
  • Finance Ministry denies stopping cost-of-collection deductions for FIRS, others

Follow us on social media:

Recent News

Nigeria’s weak external reserves are a concern – Fitch Ratings

Fitch affirms Nigeria’s ‘B’ rating amid high inflation  

October 11, 2025
Ekiti state budget 2026 hits N415.57 billion, up 11% from 2025 

Ekiti state budget 2026 hits N415.57 billion, up 11% from 2025 

October 11, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics