Renowned Nigerian billionaire, Femi Otedola, has sparked intrigue with his recent social media post in which he generously donates N750 million to all 750 students of Augustine University.
On this day, October 26, 2023, billionaire Femi Otedola is officially installed as the chancellor of Augustine University, situated in Ilare Epe, Lagos State.
In light of this significant development, Femi Otedola, celebrated for his philanthropic endeavors, has chosen to support the students of the university during these challenging times.
Femi Otedola, who has revealed his affiliation with Augustine University, has made a remarkable contribution of N1 million to each of the 750 students at the university.
He expressed his hope that this generous gift totaling N750 million would provide significant support to the parents of these students, especially given the challenging economic circumstances in Nigeria.
In a post where he shared a photo with his mother, the university’s academic staff, and awarded students, billionaire Femi Otedola stated:
“Today, I was officially inaugurated as the Chancellor of Augustine University. I strongly believe in transforming the institutions I am associated with. Therefore, to mark my appointment and in acknowledgment of the tough economic conditions in our country, I presented a gift of One Million Naira to each of the Seven Hundred and Fifty Students. I trust that this donation of Seven Hundred and Fifty Million Naira will alleviate the challenges faced by the parents of our students during these trying times… F.Ote$.”
See his post below;
Here are some reactions:
@ubamsinachi: “God bless you, sir. My son just informed me about it, and I doubted him. I came to your page, and it wasn’t posted then. We’re very grateful. May God continue to bless you with a healthy, long life. 🙏🙏🙏”
@chioma_adeleke: “Wow! God bless you, sir. Father Lord, please send destiny helpers like FO into my life in Jesus’ name.”
@taiisycasual: “But this kind would bring more respect if you do it for public universities. Your donations reach the rich, and the less privileged masses are less concerned ✌🏽.”
@princeoyeg: “People like this should be in power, not just as chancellors. But it’s the ones with corruption and forgery on their minds who rule us.”
@ibukun_0609: “This right here is the kind of money I want to have. I don’t want to be the richest. I just want to have this kind of money. This is the entire purpose of life.”
@jideawobona: “Thanks a lot for this great impact, sir. 🙏🏾 God bless you and multiply your blessings manyfold.”