Depot licences used to loot N2trn under Jonathan, Otedola alleges

Sunnewsonline | 23-09-2025 06:05pm |

By Uche Usim Oil magnate and billionaire businessman, Femi Otedola, has accused depot owners of siphoning more than N2 trillion through opaque, questionable petrol subsidy claims under former President Goodluck Jonathan’s administration. Otedola, in a statement yesterday, threw his weight behind the Dangote Petroleum Refinery in its face-off with the Depot and Petroleum Products Marketers

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