Billionaire businessman Femi Otedola has taken legal action against a former aide of Nigeria’s ex-Vice President, demanding ₦1 billion in damages over alleged defamation. The case has sparked wide attention, with many closely watching how it unfolds in court given Otedola’s strong stance on protecting his reputation.

Beyond the lawsuit, Otedola has also appealed to President Bola Tinubu to make public the long-awaited subsidy report. According to him, transparency in fuel subsidy spending is key to rebuilding trust and addressing Nigeria’s economic challenges. He stressed that Nigerians deserve to know how past administrations managed the subsidy scheme.

The businessman’s call comes at a time when debates on subsidy removal and its effects on the economy remain heated. His intervention is seen as a push for accountability and clarity, especially as the country grapples with rising costs of living and growing demands for good governance.