Femi Otedola upon being appointed Chancellor of Augustine University generously donates a total of N1 million to 750 students at the institution (DETAIL)


Nigerian business magnate, Femi Otedola, has once again demonstrated his philanthropic spirit by donating N1 million each to 750 students of Augustine University after being appointed as the Chancellor of the institution. This generous act not only showcases his commitment to education but also highlights his dedication towards the betterment of the Nigerian youth.

Otedola, renowned for his successful ventures in the oil industry, has consistently shown his desire to support and empower the younger generation throughout his career. This latest gesture solidifies his commitment to giving back to society and fostering educational opportunities for all. With this donation, he hopes to alleviate the financial burden of students and enable them to focus on their studies without worrying about tuition fees.


Established in 2015 by the Catholic Archdiocese of Lagos State, Augustine University is one of the nation's leading educational institutions. Its mission revolves around providing world-class education to Nigerian students, with a strong emphasis on moral, intellectual, and ethical development. With Otedola's wealth of experience and influence, his appointment as the Chancellor of the university is seen as a pivotal moment for the institution.

As he takes on this new role, Otedola aims to utilize his expertise and resources to further enhance the quality of education offered at Augustine University. By donating N1 million each to 750 students, he ensures that financial constraints do not hinder their academic progress. This act of generosity not only lightens their financial burdens but also serves as a motivating factor for these students to excel in their studies.



Otedola's dedication to the Nigerian education system is commendable. Understanding the pivotal role education plays in nation-building, he has consistently invested in initiatives aimed at improving educational infrastructure and opportunities. By becoming the Chancellor of Augustine University, he hopes to continue making a difference in the lives of Nigerian students and inspire them to reach their fullest potential.

The impact of Otedola's philanthropy extends far beyond his financial contributions. By demonstrating his faith in these students and investing in their education, he shows the importance of nurturing young talent in the nation. His actions serve as an inspiration for other wealthy individuals to give back and support educational institutions in their country.

This generous act by Femi Otedola will undoubtedly pave the way for a brighter future for the beneficiaries of his donation. Not only will it alleviate their financial burden, but it will also encourage them to pursue their dreams and contribute meaningfully to society. Otedola's commitment to education is setting a precedent for others to follow, proving that investing in education yields immeasurable returns in the long run.


As Chancellor of Augustine University, Otedola has an immense responsibility to provide guidance, support, and leadership to the institution. Undoubtedly, his wealth of experience and passion for education will be instrumental in driving the university towards greater heights. With Otedola at the helm, Augustine University is poised to become an even more prestigious institution that nurtures and produces outstanding graduates.

In conclusion, Femi Otedola's donation of N1 million each to 750 students of Augustine University highlights his deep-rooted commitment to supporting education in Nigeria. As he takes on the role of Chancellor, his philanthropy and passion for fostering academic excellence will undoubtedly shape the future of the institution. The impact of Otedola's generosity will reverberate through the lives of the students, motivating them to strive for greatness and contribute to Nigerian society in meaningful ways.

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