Femi Otedola donates N1m to 750 students of Augustine University after he was made chancellor (Photos)

Businessman and Philanthropist, Femi Otedola has been conferred chancellor of Augustine University. In view of this, he donated N1,000,000 to 750 students of the university. He made this known in a post on Instagram.

He 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.