Wednesday 7 May 2014

Mega 'Owambe' Party Looms As Billionaire Bizman, Femi Otedola's Wealthy Father- Sir Michael Otedola Dies At 87!



Michael Otedola
Former Governor of Lagos state and quietly wealthy personae, Sir Michael Otedola is dead.

The father of celebrity billionaire, Mr Femi Otedola reportedly passed on

this morning. And according trending reports, he died at his Epe, Lagos residence.

The severally decorated connected nigerian died barely 3months shy of his 88 birthday.

Based on indications of checks made here and there, he died 'a good old man'.

A summation that generally transmits into the coming of a 'major social gathering to celebrate the life and times of the deceased',
an age long tradition of his tribe- Yoruba.

The social engagement comes inform of a 'burial ceremony'- a get together that parades the contacts, influence and wealth of the immediate and extended family of the deceased.

A thing of great interest in this particular case, especially because of the actors- or rather key figure involved.

The deceased, Sir Michael is a man of appreciable recognition and credible personae in and out of the social parameters - it is the influence and ability of the son, Femi Otedola to pull the 'proper crowd' that befits an economic and political power broker (at the yet to be determine burial dates) that many will look forward to.

This is particularly so, because he is painted as being on the rise again after major controversial batches that dropped his rating.

Windows into these spells are celebrated fight with bossom friend and internationally listed rich man, Alhaji Aliko Dangote, blacklisting by Central Bank as not credit worthy and episode that exposed lawmaker Farouk Lawan as utterly corrupt.

After dropping off the social radar and packaged by handlers as speedily rising back to his business yore days of Zenon Oil ( he prefers to be identified as the promoter of Forte Oil nowadays), many will look forward to the attendance, flamboyance and class of the upcoming celebration of death to validate if truly one of the once upon a time celebrated kings of business is back on his throne ( or on the way to) - or not.

Here is a peep into the life of the deceased gentleman known and addressed as Sir Michael Otedola.


Otedola was born on 16 July 1926 into a Muslim family at Odoragunsin, Epe Local Government Area of Lagos State. After moving to Lagos to pursue his education, he won a scholarship to study Journalism at the Regent Street Polytechnic in London where he graduated in 1958.

He began his career as a teacher before working as a reporter at the St. Pancras Chronicle, then as a reporter and later sub-editor at The Guardian and The Times in England. On his return to Nigeria in 1959 he became an Information Officer in the Western Nigeria government, and while in this post he was appointed the Editor of the Western Nigeria Illustrated. In 1961 he moved into public relations, working for Western Nigeria Television/Western Broadcasting Service (1961-1964) and Mobil Oil Group of Companies (1964-1977), continuing as a consultant to Mobil after leaving the company.
He was elected governor of Lagos State from 1992 to 1993 on the platform of the National Republican Convention (NRC), leaving office when General Sani Abacha came to power. His administration facilitated establishing the Yaba College of Technology campus in Epe, his home town.

After leaving office, he continued his career as a writer, a consultant holding positions on the boards various businesses, and a philanthropist. In February 2010 ThisDay newspaper announced that he was among 15 eminent Nigerians who had won Lifetime Achievement Awards.


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