Otedola Refocuses on Nigeria's Power Generation by Investing $1 Billion
- July 9, 2019
Nigeria’s power industry is receiving a big boost, as oil magnate Femi Otedola is investing $1 billion in the Geregu Nuclear Power Plant. Otedola, who was formerly the chairman of Forte Oil Plc., confirmed through social media that he is refocusing his business interests from the oil-and-gas industry to the broader energy sector.