Billionaire businessman Femi Otedola has given one million each to the 750 students of Augustine University in Lagos after he was inaugurated as the Chancellor of Augustine University located in Lagos.
Mr. Otedola himself announced the development on social media on Thursday.
He wrote: “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…”
See photos of the event below:
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