Nigerian business guru and philanthropist Femi Otedola who was inaugurated as the chancellor of Augustine University.
The new chancellor of Augustine University has chosen to celebrate his new achievement with whooping amount of money
He celebrated his new achievement by giving all 750 undergraduate student of the school’s a whopping N1 million each.
The new chancellor announced the beneficiaries and presented the money On Thursday, October 26, during the university’s fifth convocation ceremony.
Mr Otedola posted images from the ceremony on social media. He hoped the donation would help the youngsters during their tough time.
Otedola Stated: 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.”
