Alhaji Abdulfatai Gbemisola Alhaji Abdulfatai Gbemisola founded the popular Fatgbems company in 1986 in Abeokuta, Ogun State. At that time, it was just a trading company that specialised in the sale of automobile components, such as tyres, lubricants and vehicle spare parts. The company was a major distributor for Michellin and Trendsetters tyres.
But through sheer hard work, commitment and dedication learnt at his father’s feet, Alhaji Gbemisola’s son, Abdulkabir, has taken the company to greater heights. After he passed away in 2012, Gbemisola’s four sons took charge of the company and ran it in their various capacities. Abdulkabir is the Chairman and Group CEO of Fatgbems Group of Companies as the first son.
The 46-year-old rebranded it in 2017 and expanded it, diversifying into different sectors of the economy. The conglomerate now has interests in petroleum marketing, haulage, trading, manufacturing, agriculture and real estate, making the company to become a top player in the Nigerian business space. The Group is behind Torque tyres Nigeria.
Fatgbems Petroleum Ltd started out with one service station in Ejigbo, Lagos in 2006, but today, it has grown to over a hundred service stations across the country. Fatgbems Petroleum Ltd operates one of Nigeria’s largest petroleum storage facilities, a 30 million-litre storage tank farm located in Lagos. The facility has a state-of-the-art gantry capable of dispensing and trucking 3 million litres of petroleum products dail.
