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Do You Support the Petroleum Industry Bill?
Zenon Debunks Allegation of $2bn Debt
•It’s cheap blackmail, says Otedola By Udeme Clement-Ogbuanu, 11.07.2008
Zenon Petroleum and Gas has debunked allegations of indebtedness to banks up to the tune of $2 billion, describing the allegations as “a cheap blackmail and a figment of the imagination of detractors”. Chairman/CEO of Otedola Portland Cement, Mr. Femi Otedola, who is also chairman of Zenon, traced the allegations to his foray into the cement sector, vowing that he remains “undeterred and unshaken”...
