Femi Otedola Revealed How IBB Asked Jonathan To Sit On Yar’Adua’s Chair In 2010

Femi Otedola Revealed How IBB Asked Jonathan To Sit On Yar’Adua’s Chair In 2010
Femi Otedola Revealed How IBB Asked Jonathan To Sit On Yar’Adua’s Chair In 2010


Femi Otedola (born4 November 1962) is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products revealed how former Nigerian military president Ibrahim Babangida asked then-Vice President Goodluck Jonathan to “sit in the chair of the president in the Council Chambers next week for the Federal Executive Council (FEC) meeting.”

Mr. Otedola, in a statement on Sunday, while congratulating Babangida on his 80th birthday, thanked IBB for the role it played during the political stalemate caused by the prolonged illness of President Umaru Musa Yar’Adua in 2010.

In his next book on business lessons (scheduled for release in November), Otedola revealed that Babangida sent a message through him to then-Vice President Goodluck Jonathan to sit in the empty seat of the President at the next Executive Council meeting. Federal (FEC). .

“As Yar’Adua did not formally transfer power to his vice president when he was transferred abroad for medical treatment, there was tension throughout the country as a result of the power vacuum, prompting public protests,” Otedola said in the statement.

“Preoccupied with tension and uncertainty, I decided to do something on my own,” he wrote. “In the first week of February 2010, I went to Minna, Niger state, together with Hajia Bola Shagaya, to sympathize with General Ibrahim Babangida for the death of his wife, Maryam. At his Hilltop residence, we discussed a wide range of topics, but I told him I needed to discuss an urgent and vital topic. He took me to his study, where we were just the two of us. I told him that the state of the nation had been shaking my mind. ”

Otedola said that he asked Babangida: “Your Excellency of him, how can we get out of this quagmire? The political heat is too much. “

“Calm and resolute, IBB replied: ‘Femi, please let your friend know that when you arrive in the Council Chambers next week for the Federal Executive Council (FEC) meeting, you should go and sit in the President’s chair.’ I found him fascinating and assured him that I would get the message across. I returned to Abuja by road in the evening and went straight to dinner with Dr. Jonathan. I wasted no time in delivering General Babangida’s message to him, ”he wrote.

Femi Otedola asked, ‘What do you think? “I laughed and said, ‘Be a man, Your Excellency. Go sit in that chair!  “He looked at Me for some time and replied that he would think about it.

“A week later, on Tuesday, February 9, the National Assembly adopted the famous ‘Doctrine of Necessity to appoint Dr. Jonathan as interim president pending the return of President Yar’Adua from his medical leave. The behind-the-scenes movements of prominent Nigerians preceded this decision. The legislative resolution was unprecedented, but the nation was tense. The flaws were so fueled that an unusual solution was needed to address the unique situation.

“With Jonathan now legally authorized to act as president, the critical lens remained: would he replace the president with confidence and authority? Or would he try to keep a moderate perspective? The next day was the FEC meeting. When Dr. Jonathan entered the Council Room, he made a move to sit in the Vice President’s chair, his usual seat.

“When the protocol officer removed the vice president’s chair, Dr. Jonathan marched to the seat reserved for the president. And sat on it! That was the moment when Dr. Goodluck Jonathan took control of power. With that act, he sent a strong signal to all Nigerians that he was now in charge. On the same day, Jonathan even reorganized the cabinet. ”

Yar’Adua died on May 5, 2010, and Jonathan was sworn in as his replacement, won the 2011 presidential election, and served a term in office In the book, Otedola said that businessmen must compromise with the political authorities because only when there is peace can the economy prosper.

Femi Otedola Said: “While many may view the political commitment of entrepreneurs as one-sided, in the sense that only the entrepreneur benefits, the reality is that it could work both ways. I took advantage of my political connections to contribute my small quota to solve an energy crisis that almost set the country on fire.

“This example is one of several cases in which I used my access to the seat of power and political heavyweights to contribute to national construction and development. Entrepreneurs must appreciate the fact that peace for the country is peace for their companies as well. We need a stable and peaceful country above all ”.