Peter Okhiria, (Vanguard)- Femi Otedola, CEO of African Petroleum and son of former Lagos State Governor, Sir Michael Otedola, has joined his Nigerian counterpart and business rival, Aliiko Dangote on the list of the world’s richest people. Femi Otedola and Aliko Dangote are the only two Nigerians on the 2009 Forbes list of 793 dollar-denominated billionaires in the world.
Jude Njoku, (Vanguard)- Lagos Island Business District was the toast of blue chip companies and other small and medium-scale business enterprises prior to the relocation of the seat of the Federal Government to Abuja in 1992. Shortly before this relocation, however, this beautiful island where high-rise buildings competed for visibility was turned into a haven for miscreants and layabouts popularly called “Area Boys or Alayes”.
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