Business
Wale Tinubu, Femi Otedola, Dangote, Others for Nigeria-India Presidential Roundtable
The Chief Executive Oando Group, Mr. Jubril Adewale Tinubu, CON, Executive Chairman Geregu Power Plant, Mr. Femi Otedola would be among other 38 prominent Nigerian billionaires and investors to attend the Nigeria-India Presidential roundtable and conference in New Delhi, India to be led by President Bola Ahmed Tinubu.
The event which is organised by the Nigerian High Commission in India in collaboration with the Confederation of Indian Industry (CII) and the Nigeria-India Business Council (NIBC) is expected to be addressed by President Tinubu.
The Nigerian High Commissioner to India, Ambassador Ahmed Sule, made this disclosure yesterday in Abuja while requesting entry visas for these leading businessmen and Chief Executive Officers (CEOs).
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Among prominent businessmen expected to attend the event include Alhaji Aliko Dangote, Tony Elumelu, Alhaji Abdul Sama Rabiu, Femi Otedola, Kola Karim, Julius Rone, Hajiya Bola Shagaya and Folurunsho Alakija.
Others are Mohammed Indimi, Prince Arthur Eze, Chief Razak Akanni Okoya (Eleganza), Sir Emeka Offor, Cosmas Maduka, Allen Onyema (Air Peace), Jim Ovia, Adewale Tinubu and others.
‘’I wish to inform you that the following members of the Nigerian Private sector will be travelling to New Delhi to attend the Nigeria-India Presidential roundtable and conference organized by the High Commission in collaboration with the Confederation of Indian Industry (CII) and the Nigeria-India Business Council (NIBC) to be addressed by his Excellency, Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria. They are as follows;
1. Alhaji Aliko Dangote – Chairman/President, Dangote Group
2. Mr Tony Elumelu – Chairman/Founder, Tony Elumelu Foundation
3. Alhaji Abdul Sama Rabiu – Chairman/Founder, BUA Group
4. Mr Femi Otedola – Chairman/Founder, Femi Otedola Foundation
5. Mr Kola Karim – GMD/CEO, Shoreline Natural Resources
6. Hajiya Bola Shagaya – Founder/CEO, Balmus Group International
7. Mrs Folurunsho Alakija – GMD, The Rose of Sharon Group
8. Alhaji Mohammed Indimi – Chairman/CEO, Oriental Energy Resources Ltd
9. Sir Emeka Offor – CEO, Chrome Group
10. Chief Razak Akanni Okoya – Director, Eleganza Industrial City Ltd
11. Prince Arthur Eze – CEO, Atlas Oronto Petroleum Ltd
12. Mr Allen Onyema – CEO, Air Peace
13. Mr Cosmas Maduka – President & Chairman, Coscharis Group Ltd
14. Alhaji Dr Musbahu Mohammed Bashir – Althani Group of Companies
15. Mr Jim Ovia – Chairman, Zenith Bank Plc
16. Dr Oritsedere Otubu – Chairman, EKEDC
Mr Adewale Tinubu – CEO, Oando
Mr Gbenga Agboola – CE, Flutterwave (Fin Tech)
Olamide Diekola Aina – Venture Platform (Fin Tech)
Mitchel Elegbe – CEO, Interswitch (Fin Tech)
Idris Bamidele Saliu – Ceviant Finance (Tech)
Dr Fidealis Ayebae – Fidson Healthcare Plc
Dr Okey Okoli – SKG Pharmaceutical Industries Ltd
Dr Stella Okoli – Emzor Pharmaceutical Industries Ltd
Mr Tosin Jolayemi – Daily Need Industries Limited
Pharmacist Seun Omobo – Eko Pharmacy Limited
Mr Patrick Ajah – May & Baker Nigeria Ltd
Mr Bayo Odugbemi – McOLIVIA Limited
Dr Monica Eimunjeze – Dedoo Bio Plus Pharmaceutical Ltd
Affiong Williams – Founder/CEO Reelfruit
Dr Lazarus Angbazo – CEO & MD of The Infrastructure Corporation of Nigeria
Yahaya – CEO, Kursi Investment Ltd
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Business
Kola Karim’s Shoreline Group Signs $300 million Deal With Accor to Develop Nigeria’s First National Hotel Platform
Kola Karim’s Shoreline Group has signed a letter of intent with Accor, a world leading hospitality group to establish Nigeria’s first national hotel platform.
The signing took place during the Africa Forward Summit 2026 hosted jointly by Kenya and France in Nairobi.
This ambitious partnership is set to make a significant contribution to the evolving Nigerian hospitality landscape with a substantial investment from Shoreline of $300 million, leveraging Accor’s renowned brand portfolio and expertise.
As gathered the strategic collaboration aims to develop a hotel network across Nigeria, encompassing 10 hotels across eight cities and over 1,200 rooms by 2030.
These properties will span various segments, from midscale to luxury, catering to diverse travelers and contributing significantly to the nation’s tourism growth. The project also includes the establishment of a dedicated hospitality training Academy to nurture local talent and create approximately 1,000 direct jobs.
Mr. Sébastien Bazin, Chairman and CEO of Accor, stated: “We are thrilled to partner with Shoreline Group to unlock the immense potential of Nigeria’s hospitality sector. This partnership is a testament to our belief in Nigeria’s dynamic future.
“By combining Shoreline’s deep understanding of the local market with Accor’s global expertise and diverse brand portfolio, we are poised to create an unparalleled hospitality offering that will set new benchmarks for quality and service.
“Crucially, the establishment of the Accor Academy is integral to this vision, enabling us to deliver immediate talent development for the Shoreline hotel portfolio, demonstrate our long-term commitment to Nigeria through dedicated training facilities, and solidify Accor’s position as the employer and educator of choice in West Africa.”
The Agbaoye of Ibadanland and Chairman of Shoreline Group, Karim, commenting on the development said: “This partnership is central to Shoreline’s strategy of building institutional-quality infrastructure platforms across Africa.
“We anticipate hospitality infrastructure becoming increasingly vital for capital movement and development, particularly in Nigeria where high-quality room supply is underserved. Our choice to partner with Accor highlights our focus on operational excellence and long-term value.
“The hospitality academy is crucial, alongside physical hotels, for developing local talent to sustain international standards. It will support our portfolio and enhance Nigeria’s hospitality workforce.
“This investment aligns with Shoreline’s broader focus on strategic assets in energy, infrastructure, and industrial development. We view hospitality as a natural extension: real infrastructure supporting economic activity, local capability, and national growth.”
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