- Femi Otedola, a prominent Nigerian billionaire, shared a personal story in a viral video.
- A comment from his daughter during her school years inspired him to return to active business.
- Otedola had previously stepped back from daily business operations after achieving significant wealth.
Popular Nigerian billionaire businessman, Femi Otedola, has opened up in a viral video about how a remark from his daughter in school pushed him back into active business after he had temporarily stepped away from work.
Otedola explained that at a point in his life, he had accumulated enough wealth to live comfortably on interest earnings of about 35% from Nigerian banks. According to him, this level of financial stability made him step back from day-to-day business activities.
He noted that during that period, he was content and had no urgent plans to return to active work, as his savings were generating sufficient income.
However, the business mogul said his perspective changed after a conversation involving his daughter at school. He recalled that when she was asked what her father did for a living, she responded that he “sleeps every morning.”
Otedola said the comment struck him deeply and made him rethink how he was being viewed, even within his own family’s perception.
He added that the experience eventually inspired his return to active entrepreneurship, describing it as a turning point that reshaped his approach to work and purpose.
In his words; “I made money and put it in Nigeria banks and I was making 35% in interest until one day my daughter was asked at school what her dad does for a living and she said I sleep. That’s when I started business again.”
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Read some comments below:
@eFifaworldcup26:“A lot of people don’t know what it means by money working for you. I can categorically say that this man is the higher investor in Nigeria. He had built his wealth on investment while living a simple juicy life. NB: Youths learn the act of Investment, it will save your future.”
@gabsonojo1:“One thing I know for sure is that we Nigerians love jumping to conclusions without first finding out the full details. I’m very sure that statement wasn’t the beginning of the interview. Something must have led to that response, but most people didn’t bother to find out. Instead, they immediately concluded that he’s seeking attention or trying to chase clout. We really need to learn how to think beyond our emotions and look at the bigger picture before passing judgment. Funny enough, if he had gone ahead to explain exactly how he made the money, some of you people would still have found a reason to criticize him. Most of the time it seems we are not interested in understanding, we just want someone to attack. Something to think about.”
@wilsonhighlife:“Once you get money like this…plenty talk go just Dey come out and e go Dey sweet 😢.”
kayveen_gee:“I never planned to work again, he didn’t say I never work in my whole life. That means he was working before and saving and then invested with the savings.. some of you just focus on watching the content and not reading the caption behind 🤦🏻♂️🤦🏻♂️.”
@joshimaru1:“He put it in banks, not a bank.. thats why he was making 35% yearly.. yall should learn to read carefully.”
