Femi Otedola Gifts 750 Students N1 Million Each to Celebrate His Appointment as Chancellor

Femi Otedola Gifts 750 Students N1 Million Each to Celebrate His Appointment as Chancellor

  • Nigerian businessman Femi Otedola extended his kindness to Augustine University following his inauguration as their chancellor 
  • The multi-billionaire announced on social media that he would be giving the 750 students in the school N1 million each 
  • The philanthropist filled the timelines with lovely pictures from the grand ceremony while noting the importance of good education 

Nigerian tycoon and philanthropist Femi Otedola has been inaugurated as the chancellor of Augustine University. He celebrated his new achievement by giving each of the school's 750 undergraduates a whopping N1 million.

On Thursday, October 26, during the university's fifth convocation ceremony, the benefactor and new chancellor announced and presented the money.

Femi Otedola's inauguration as Augustine university chancellor
Femi Otedola was inaugurated as the chancellor of Augustine University. Credit: @femiotedola
Source: Instagram

Mr Otedola posted images from the ceremony on social media. He hoped the donation would help the youngsters during their tough time.

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"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 his post below:

Femi Otedola's donation sparks reactions

Legi.ng compiled the reactions to the donation below:

taiisycasual:

"But this kind will bring more respect if you do it for public university? Your donations goes to the riches and the poor mass is less concern."

mac_david16:

"Rollce Royce cullinan as donation God please what exactly am I not doing right? I mean the donation can change my career."

@official_tysims:

"Poor man pikin go think say na uniben."

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dreco_905:

"The real billionaire…. No too much noise, you won’t see him everywhere."

ibukun_0609:

"Dis right here is the kind of money I want to have .. I don’t want to be the richest.. I just want to have dis kind of money .. this is the entire purpose of life."

aroyal.eth:

"This is the kind of mentor I need in my life not Broda tunde alariwo."

ubamsinachi:

"God bless you sir, My son just informed me of it and I doubted him, came to your page it wasn’t posted then. We’re very grateful. May God continue to bless you with a healthy long life."

kola_eninla:

"God bless you, sir. Your hand will never go down. Your pocket will never run dry. Abundance all the way."

Cuppy gets excited ahead of her speech at United Nations

Legit.ng earlier reported that DJ Cuppy announced she would give a speech at the United Nations (UN) headquarters.

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The celebrity disk jockey took to her official Instagram account to share the good news with her 9.2 million followers.

Despite it being great news, Cuppy admitted that the thought of her giving the speech made her nervous.

Source: Legit.ng

Authors:
Chinasa Afigbo avatar

Chinasa Afigbo (Editor) Chinasa Afigbo is a pop culture/music journalist and content writer with over four years of experience in other mainstream media organisations, including Vanguard Media and Guardian Life. She holds a degree in Information Management Technology from the Federal University of Technology, Owerri (FUTO). She also moved on to pursue courses in writing & media communications. Chinasa has also been published in other Intl journals, like The African Report. Reach her at: chinasa.afigbo@corp.legit.ng.