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Billionaire Femi Otedola Endorses Tinubu Reforms Following Paris Meeting

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Billionaire industrialist and Chairman of First HoldCo Plc, Femi Otedola, has publicly commended President Bola Ahmed Tinubu following a working visit by Mr. Otedola to the president yesterday evening in Paris.

Otedola framed the administration’s structural economic policy shifts as the primary catalyst for Nigeria’s market recovery.

Otedola highlighted several key macroeconomic milestones achieved under the reform agenda, including Nigeria’s formal re-entry into the FTSE Russell Frontier 50 Index, the Nigerian Exchange (NGX) reaching all-time highs, foreign exchange market unification, and gross external reserves holding near $55 billion.

The public endorsement from one of West Africa’s primary capital market investors reinforces institutional confidence across banking, energy, and industrial equities.



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