7 Facts About Festus Fadeyi, The Billionaire Allegedly Funding Toke Makinwa’s Luxurious Lifestyle

Rumours went wild yesterday that Nigerian On Air Personalty and Mediapreneur, Toke Makinwa was having an affair with Lagos Billionaire, Festus Fadeyi.

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.

source: Stargist
https://benconews.com/7-facts-festus-fadeyi-billionaire-allegely-funding-toke-makinwas-luxurious-lifestyle/

OP wetin concern you?

This takes us back to a very old post. https://www.nairaland.com/4202660/photo-festus-fadeyi-toke-makinwas

Enjoy while the offer last.

Cutecharlz:
Enjoy while the offer last.

the offer had been cut off

Toke Makinwe loses her banana island home bought for her by festus fadeyi to amcon

so the rumour is true that Festus Fadeyi is the one sponsoring her lifestyle

I am starting to not believe linda ikeji that she bought her banana island residency through only blogging

Pathetic women. She will come online to scream menaskom. She will scream about been independent & talk all sorts of bvlsh1t. Her lifestyle is been funded by an old man, now gbege don shele.

Women are interesting creatures TBH

Billionaire owes 196 billion?
Issorait...

Hw billionaire go dy owe 196#billion

Munieer:
Hw billionaire go dy owe 196#billion

dat one alone buff me

Something must have changed in the man in recent times. Imagine building an empire to that level only to turn back into being a debtor

haiti007:
Something must have changed in the man in recent times. Imagine building an empire to that level only to turn back into being a debtor

These women don use different jazz confuse am

stupid man, money miss road.

Toke is becoming

poiunt:
Toke Makinwe loses her banana island home bought for her by festus fadeyi to amcon

so the rumour is true that Festus Fadeyi is the one sponsoring her lifestyle

I am starting to no believe linda ikeji that she bought her banana island residency through only blogging

jes you belief Linda before ...Through blogging in nigeria she bought that house ! Then Wizkid suppose get that house reach 10

fear woman