Below, we have decided to put together eight things you may not know about him:
1 Otedola was born in Ibadan, Oyo State, on November 1962, to Sir Michael Otedola, Governor of Lagos State from 1992 to 1993.
2 As a child, Otedola wanted to be a Reverend Father but his business instinct started quite early.
3 Otedola cannot sing nor dance to save his life but he enjoys attending music and comedy shows.
4 In 2012, Otedola was involved in a bribery scandal. It was reported that the businessman bribed Boniface Emenalo and Farouk Lawan, who was then the Chairman of the House Committee on Fuel Subsidy Regime a sum of $620,000. An evidence where Otedola was caught red-handed in a video of him giving a bribe and Farouk Lawan accepting it emerged.
5 Apart from the recent N5 billion donation, Otedola has always been a cheerful giver. He has made several donations to the Michael Otedola University Scholarship Scheme established to give underprivileged students in Lagos access to higher education. In 2005, Otedola made a N300 million personal donation to the completion of the National Ecumenical Centre—Nigeria’s primary place of Christian worship—in Abuja. In 2007, he was among a group of donors who gave N200 million to the State Security Trust Fund in a drive to reduce crime in Lagos State. These are just a few of his nice gestures.
6 Otedola was once a victim of blackmail. In December 2016, two Toronto-based sisters—Jyoti and Kiran Matharoo— tried to extort him, claiming they had evidence of Otedola cheating on his wife.
7 Otedola married his wife, Nana, after they gave birth to their first daughter.
8 Although Otedola’s most popular child is DJ Cuppy, he also has two daughters and a son. Tolani is a singer while Temi is a style blogger and aspiring designer. Unfortunately, Fewa, who is Otedola’s only son, is suffering from autism.