Education

Otedola emerges varsity Chancellor, gifts 750 students N750m

Billionaire businessman, Femi Otedola, has gifted 750 students of Augustine University in the Epe area of Lagos N1 million each.

Otedola gifted the students the money after he was inaugurated as the Chancellor of the university on Thursday, October 26, 2023.

The businessman made the disclosure via a post on his X (formerly Twitter) account on Thursday.

READ ALSO: Otedola: I almost committed suicide over diesel business

Sharing pictures from his inauguration, Otedola stated: “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…”

The Star

Segun Ojo

Recent Posts

Atiku to FG: Soldiers’ deployment to Kano unconstitutional

Former Vice President Atiku Abubakar has described the deployment of soldiers to Kano State in…

1 hour ago

Man United beat Man City to win 13th FA Cup

Manchester United defeated Premier League champions Manchester City 2-1 at Wembley Stadium to win 13th…

2 hours ago

Flood submerges INEC office in Edo

The headquarters of the Independent National Electoral Commission (INEC) in Benin, the Edo State capital,…

4 hours ago

Lightning kills 2 women in Lagos

Two women have lost their lives after being struck by lightning during a downpour in…

4 hours ago

Kano police: We’ll follow court order stopping Sanusi’s installation as Emir

The Kano State Police Command says it will adhere strictly to the court order halting…

7 hours ago

Petrol tanker explodes on Lagos-Ibadan expressway

A tanker conveying Premium Motor Spirit (PMS), otherwise known as petrol, on Saturday morning, exploded…

7 hours ago

This website uses cookies.