However,
what has been under-reported in the media about this Epe, Lagos
State-born oil magnate is his love for visual arts. He is said to have
acquired some very expensive pieces of art works across the world in the
past years.
Contrary to the thinking in some quarters, this is,
however, not a new found love, as he had always been attracted to art
works even before he joined the millionaires’ club. Evidence of his
abiding love for arts could be seen on his late father’s Impact Press
located on Randle Avenue, Lagos in the late 80’s. But for his busy
business schedule, Otedola would have been spending more time visiting
art galleries.
Apart from being
the biggest diesel and kerosene marketer in Nigeria today, he is said to
be the biggest ship owner in the country, which partly explains his
nomination as President of Nigeria Chambers of Shipping, a powerful and
highly influential body in the maritime sector.
Otedola, also the
owner of Atlas Shipping Agency, Swift Insurance, FO Properties Limited,
FO Transport and Seaforce Shipping Company Limited, bought 100 brand new
DAF trucks from the Netherlands to strengthen his distribution arm.
Today, Zenon Oil now boasts a total diesel storage capacity of more than
147,000 metric tonnes, making it the biggest depot owner with the
largest single storage capacity in the country.
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