Femi Otedola has sold his stake in Geregu Power to invest in the upcoming Dangote Refinery IPO, calling it a transformative project for Africa's economy.

The Chairman of First HoldCo, Femi Otedola, has announced plans to invest $100 million in Dangote refinery.

Nigerian billionaire Femi Otedola has committed $100 million to the upcoming private placement of the Dangote Refinery, marking a major reversal from comments he made just weeks…