Billionaire Femi Otedola raises eyebrows as he gifts N750M to every student of Augustine University Epe (Photos)

October 27th, 2023

Celebrity Nigerian billionaire Femi Otedola in a latest post on social media raises eyebrows as he gifts N750M to all the seven hundred and fifty students of Augustine University.

Today, October 26th 2023, billionaire Femi Otedola is officially inaugurated as the chancellor of Augustine University located at Ilare Epe in Lagos State.

Following the latest development, Femi Otedola who is well known for his philanthropist way of life decided to give back to the students of the University in this difficult time.

Femi Otedola who disclosed that he is associated with Augustine University decided to give N1 million each to each of the seven hundred and fifty students of the university.

He further hoped that the N750M will assist the parents of their students following the harsh economic situation of Nigeria.

Sharing photo of himself with his mother, academic staff of the university, and presenting awards to the students, billionaire Femi Otedola wrote;

“Today, I was officially inaugurated as the Chancellor of Augustine University. I strongly believe in transforming establishments that I am associated with. Therefore, to commemorate my appointment and in recognition of the harsh economic situation in our country, 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… F.Ote$.”

See his post below (swipe to view more);

See reactions below;

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. 🙏🙏🙏

chioma_adeleke: Wow! God bless you sir. Father Lord, please send destiny helpers like FO into my establishment in Jesus name.

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 ✌🏽.

princeoyeg: Na this kind people suppose be in power not chancelllor.. but na people wey only get corruption and forgery brain dey rule us ..

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.

jideawobona: Thanks a lot this great impact sir🙏🏾God bless you and replenish you in multiple folds.