Rumours went wild yesterday that Nigerian On Air Personalty and
Mediapreneur, Toke Makinwa was having an affair with Lagos Billionaire,
Festus Fadeyi.
Mediapreneur, Toke Makinwa was having an affair with Lagos Billionaire,
Festus Fadeyi.
Gistb.com.ng presents 7 quick facts about him.
1. Dr. Festus A Fadeyi who is said to be in his 70s is the
Billionaire Chairman and Managing Director of Pan Ocean Oil Nigeria
Limited
2. The chairman is alleged to be a chronic debtor, owing just Skye Bank alone at least ₦196 billion plus.
3. Apart from that known fact, he also reportedly owes his staff members upwards of 6 months salaries.
4. Fadeyi, through Pan Ocean, took loans to fund the firm’s oil and
gas upstream projects operated under Joint Operating Agreements and
Production Sharing Contracts with and on behalf of the Nigerian National
Petroleum Corporation (NNPC).
5. His debts not withstanding, Fadeyi spends extravagantly on Toke
and allegedly bought her a brand new Range Rover 2016 model worth over
N50 million. He is also responsible for her acquisition of top of the
line and very expensive designer bags, shoes from Louboutin, Bottega
etc.
6. Festus Fadeyi is said to be a married man with 5 grown boys from his beautiful wife of many years.
7. Fadeyi’s children are very angry with the way he splurges on his
love interest, Toke. They believe he is squandering too much money on
her at a time he is heavily indebted to Skye Bank.