Hardship: Billionaire Femi Otedola Doing N100k to N250k Giveaway? Fact Emerges

Hardship: Billionaire Femi Otedola Doing N100k to N250k Giveaway? Fact Emerges

  • Some Facebook posts, in the name of Femi Otedola, asking people to submit their account details to get between N100,000 and N250,000, have been fact-checked
  • Findings showed Otedola neither requested people to provide their account details nor promised to engage in private conversations with anyone
  • Another post on Otedola's Facebook page with over 17,000 followers, though not verified, warned people against dropping their details

Several Facebook pages have been observed engaging in giveaways, misleading users under the guise of Nigerian business mogul Femi Otedola.

One of the Facebook pages asked people to "drop" their phone numbers and bank accounts in the comment section to be credited between N100,000 and N250,000.

Femi Otedola/Give Aways/Facebook
Femi Otedola is not doing giveaways as some Facebook posts claimed Photo Credit: Femi Otedola
Source: Twitter

Africa Check observed that the Facebook post listed a compilation of Nigerian banks, where the money would be credited promptly. The banks include: "Uba Bank, Unity Bank, FCMB BANK, Keystone Bank, and Union Bank".

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The post also gave one phone number for people to call "Pastor David Balogun" for anyone who needed help.

Another Facebook page published identical posts in the name of Otedola. His photos were also used.

However, is no evidence to suggest that Femi Otedola is conducting the giveaways, raising concerns that the parody Facebook pages may be fraudulent scams.

Otedola warns against scam

Otedola's official Facebook page has 17,000 followers. Although not verified, the billionaire explicitly stated that it was his only official Facebook page.

He cautioned followers against sending money to anyone claiming association with him and clarified that he would never engage in personal chats soliciting money from anyone.

The difference between the disclaimer page and other pages doing the giveaways is their number of followers. The giveaways Facebook pages have hundreds of friends, while the Otedola page has 17,000 followers.

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Otedola made the disclaimer in December 2023. The post reads:

“I want to inform everyone that Femi Otedola will never chat with you privately for money or ask you to send money to someone else. Anyone who messages you with a normal profile or FB page is obviously not me.”

Below is Otedola's Facebook post:

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Otedola to receive $17.6m from Geregu Power

Legit.ng earlier reported that Otedola is poised to receive about $17.6 million in dividends from Geregu Power.

The dividend payment is his stake in the power company, estimated to be about $1 billion.

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The development follows the impressive performance of Geregu Power, which is the only trillion naira firm on Nigeria Exchange Limited (NGX).

Source: Legit.ng

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