Femi Otedola Donates Multi-Billion-Naira Engineering Complex to Augustine University, Makes Mother Proud

Femi Otedola Donates Multi-Billion-Naira Engineering Complex to Augustine University, Makes Mother Proud

  • Femi Otedola has pledged to donate a multi-billion-naira engineering complex to Augustine University
  • The complex would be built in two phases, with the first already completed and handed over to the university by Otedola
  • The billionaire's donation to the university is part of his dream to support the institution in becoming the education centre of excellence in Africa

With immense pride and joy, Nigerian billionaire Femi Otedola has commissioned a multi-billion-naira faculty of engineering complex at Augustine University, situated in Ilara, Epe, Lagos State.

Otedola, who was recently named the university's Chancellor, handed over the edifice to the school in the presence of his mother and inspirer of the project, Lady Doja Otedola.

The school, in return, named the engineering faculty building after Lady Doja Otedola in appreciation of her passion towards the betterment of the university and its students.

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Otedola donates university
Otedola with his mother during the foundation laying ceremony. Photo credit: Augustine university
Source: Facebook

Proprietor of the institution and Archbishop of the Metropolitan Sea of Lagos, Archbishop Adewale Martins, and other dignitaries were present.

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Otedola make promises to Augustine university

In his remark at the occasion, Otedola said he committed to donating one engineering faculty building to the school in March 2018 but later increased his commitment during his mother’s 90th birthday celebration.

Otedola words:

“It is with thanksgiving to God that I express my great delight for today’s ceremony for the commissioning of the first block of the engineering complex of Augustine University. I thank God that my dream of donating the first block of faculty of engineering building has become a reality.
“On the 11th of March 2018, at the fundraising dinner organised by my sister, Dame Sena Anthony, I made the commitment to donate one building of the faculty of engineering to the university.

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"On realising that the first building is a four-building complex, during my mother’s 90th birthday celebration last year, I increased my commitment to the engineering complex to the sum of N2 billion.

Otedola also assured the university of his plans to complete the project's second phase, ThisDay reports.

“In fulfilment of this pledge, I am extremely delighted to be also turning the sod today for the commencement of building No 2 of the engineering faculty complex.
“I hope the construction period for this building will not be more than two years in view of the envisaged rapid growth of the students of the university with the admission of engineering students in the school.”

He added that his dream was to support Augustine University to become the centre of excellence in Africa for the study of various disciplines of engineering.

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In a similar report, the Redeemed Christian Church of God, the City of David, has opened a 14-storey floor building which it said is one of its kind in Lagos.

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The church said the proceeds from the rental income of the building would be donated to charity.

According to reports, the building boasts several features, including a gym, parking space for over 600 cars and 14 lifts.

Source: Legit.ng

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Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.