In a recent social media post, celebrity Nigerian billionaire Femi Otedola sparks controversy by giving N750 million to each of the 751 Augustine University students.
Billionaire Femi Otedola takes office as Augustine University’s chancellor today, October 26, 2023, at Ilare Epe in Lagos State.
Femi Otedola, who is well-known for leading a philanthropic life, made the decision to support the university’s students during this trying time after learning of the most recent development.
Femi Otedola made the decision to donate N1 million to each of the 751 university students after disclosing his affiliation with Augustine University.
He also expressed the hope that, in light of Nigeria’s challenging economic circumstances, the N750M would help the parents of their students.
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Billionaire Femi Otedola shared a photo of himself with his mother, the university’s faculty, and students he was presenting awards to.
See his post below;
View this post on Instagram
