Friday, November 27

Meet Abdulwasiu Sowani, The Billionaire Who Bought Forte Oil From Femi Otedola

His name is Abdulwasiu Sowani, a silent billionaire and sharp Manager of Human resources. He is the new holder of Forte Oil plc, a downstream oil and gas company formerly belonging to Femi Otedola.

Right after the sale of the oil and gas sector, Sowami took possession of a 74.02% equity stake in the Forte Oil PLC downstream operations through his firm, Ignite Investments and Commodities Limited.

One of the foremost leading downstream oil and gas companies in Nigeria is Forte Oil Plc leading , it’s publicly on the list of The Nigerian Stock Exchange.

Abdulwasiu Sowami is now the Chairman of Ignite Investments and Commodities Limited and Forte Oil Plc.

Surprisingly, He is also the proprietor of Prudent Energy Limited, one of the local oil firms that has been given the licence by NNPC to lift 950,000 barrels of crude oil in a contract duration of two years.

Abdulwasiu Sowami finished from the University of Maiduguri, and he’s a Master’s degree holder in Corporate Governance from Leeds Beckett University, UK.

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