Nigerian billionaire and philanthropist Femi Otedola has donated N3.7 billion to succor set a recent facility for the Engineering School at Augustine University, Ilara Epe.
He made this announcement throughout the university’s Sixth convocation ceremony, the effect he serves because the Chancellor.
Otedola said he is dedicated to enhancing education and creating a top-stage engineering program at the college.
In his speech, Otedola expressed pleasure in the university’s growth and shared his dream of making it a leader in engineering education.
He mentioned that the second fragment of the recent constructing is quite willing to birth, and the constructing must silent be carried out inside the next one year.
“I am comfortable to suppose the donation of N3.7 billion for the Fragment 2 constructing of the Engineering School,” Otedola said. “God willing, I understand forward to being right here subsequent year to birth the done constructing.”
This donation follows Otedola’s earlier contribution to total the first fragment of the Engineering School.
He also promised N140 million to furnish the recent constructing and N110 million to install streetlights and a backup generator for the campus.
Otedola spoke relating to the importance of giving students the correct services and supporting the university’s mission to form not handiest beautiful graduates but also students with genuine morals and values.
He wants the university to fabricate graduates who’re every expert and centered on serving to society.
Otedola’s donation is one more step in his long-length of time enhance for education in Nigeria. In 2023, he also donated N1 million to every of the 750 students at Augustine University, totalling N750 million.
The scholarships are for every recent and returning students throughout the 2023/2024 faculty year, exhibiting his dedication to serving to students be triumphant.
Femi Otedola, with a rep worth of $1.4 billion, is one of Nigeria’s richest other folks and continues to invent a undeniable impact by supporting education in the country.
