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Femi Otedola, billionaire businessman, has broken his silence on the face-off between Aliko Dangote and federal government officials in the petroleum ministry.
Otedola, reputed as “the strongman of the money and capital markets” after acquiring the single largest shareholding in FBN Holdings Ltd, said in aon Tuesday afternoon that visionaries are needed to build a nation’s economy and their legacies remain long after they have left the stage.y brother, the Visionary, has built the largest single train refinery in the world, not in Kano, but in Lagos State.
“Aliko Dangote is also the largest private sector employer of labor in the country, and his companies are among the largest taxpayers. In fact, the Dangote Group often pays more in taxes than the top banks combined. If not for him, we would still be importing cement. His contributions extend beyond industrial facilities to critical infrastructure, having built major roads such as the Apapa Oshodi-Owonrosoki Express Road, Wharf Road, and the Obajana-Kabba Road.
“In Vietnam, the government has provided various incentives to tech companies, fostering a rapidly growing technology sector. In South Africa, government support for the mining industry has been crucial in maintaining its global competitiveness. Brazil has seen substantial government investment in its agricultural sector, transforming it into one of the world’s leading food exporters.
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