Nigerian entrepreneur, Femi Otedola has donated a total of seven hundred and fifty million Naira to all the students of Augustine University in Ilara Epe, Lagos State.
The business mogul and philanthropist was officially inaugurated as the Chancellor of the institution today, Oct. 26.
Dr Alfred Adewale Martins, the Catholic Archbishop of the Metropolitan See of Lagos, was present for Otedola’s inauguration, which took place during the 5th Convocation ceremony of Augustine University.
After his inauguration, Otedola donated N1 million each to 750 students of Augustine University to “assist the plight of the parents of our students in this difficult time.”
The billionaire businessman announced this goodwill donation he made via his Instagram page.