Prominent businessman and philanthropist, Femi Otedola, has made a generous gesture by gifting 750 students the sum of One Million Naira each as he assumes the role of Chancellor of Augustine University.
Known for his generosity, including spoiling his own children, such as buying his daughter Cuppy a new home as a birthday gift, Femi Otedola has extended his benevolence to the entire student body of Augustine University in Lagos State.
Femi Otedola shared the details of his act of kindness on his Twitter account, along with accompanying pictures from the event. In his statement, he expressed his commitment to transforming institutions he is associated with and mentioned his donation of Seven Hundred and Fifty Million Naira to support the parents of the university students during these challenging times.
Here’s his statement:
“Today, I was inaugurated as the Chancellor of Augustine University. I strongly believe in transforming establishments that I am associated with. I gave a gift of One Million to each of the Seven Hundred and Fifty Students. I hope this donation of Seven Hundred and Fifty Million Naira assists the plight of the parents of our students in this difficult time… F.Ote$”
Femi Otedola’s act of generosity has garnered attention and appreciation, not only for the financial support but also for his commitment to education and student well-being.
