Femi Otedola Exposes N2 Trillion Fuel Subsidy Fraud During Jonathan-era

Billionaire Femi Otedola accuses depot operators of a N2 trillion fuel subsidy fraud during Goodluck Jonathan's presidency. Otedola supports Dangote Petroleum Refinery amid disputes with Depot Petroleum Products Marketers Association (DAPPMAN).

He criticizes the subsidy system, alleging it favored a select group of depot owners. Otedola challenges the myth of depots being significant employers due to their minimal staffing compared to filling stations.

The allegations shed light on the complexities of the fuel subsidy system and the need for transparency in the oil industry.