Billionaire businessman, Femi Otedola, has given N1 million each to 750 students of Augustine University, Epe, Lagos State.
“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 Naira 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,” he stated on his X page.
The largesse is for new and returning students for the 2023/2024 academic session.
Otedola, a major stakeholder in Geregu Power, also made a special donation to the university.