Billionaire businessman and Chairman of Forte Oil, Femi Otedola, has donated a multimillion-naira complex to the Augustine University’s engineering faculty.

This was made known yesterday at a sod-turning ceremony to mark the first day of construction for the university’s faculty of engineering’s complex in Epe, Lagos State.

On hand for the occasion were the Proprietor of the institution and the Catholic Archbishop of Lagos, Dr. Alfred Adewale Martins; Otedola’s octogenarian mother, Lady Doja Otedola; the Chairman of the Board of Trustees of the university, Sir Steve Omojafor; the Vice-Chancellor of Augustine University, Prof. Steve Afolami; a member of the fundraising committee, Chief Sena Anthony, among other dignitaries.


They all commended Otedola and his family for the financial assistance and otherwise they had rendered to the university from its conception to date.

Speaking during the event, Otedola said, like his father, he was passionate about education and development of the country.

“My father was very passionate about a university being built in Epe because he was very passionate about education. Rather than spend my money on building more houses or buying a jet for myself, I decided to spend the money to support this laudable cause by the Lagos Catholic archdiocese through the Augustine University,” the oil magnate told journalists.


Speaking about the importance of the building, Martins noted: “With this engineering faculty, we’re delighted that it’s taking off because it is one area that we think with the kind of technological development that Nigeria needs we can begin to find the realisation within that faculty – that’s not to say that the arts and the social sciences are not making contributions. We have had those contributions for many years. We are truly delighted that we have this beginning.”

He recounted how he was encouraged by former President Olusegun Obasanjo to donate towards the completion of the Ecumenical Centre in Abuja and the former president’s rejection of his desire to make a private donation.

“I went to his office; he had arranged for a press briefing and I said, ‘Please, let’s make this a private affair.’ But he insisted that he needed to make this public so that when the Dangotes and the Adenugas saw me contribute towards the building of the church they also would be encouraged to make similar donations.


“So, it is with this project – I want all my friends to know – because the hand of God is in it. It is a worthy cause. My mother persistently encouraged me to support the Augustine University project. Subsequently, I decided to build an engineering faculty for the university – which would be my home – for the glory of God. I can assure you that this project will be completed in good time,” Otedola explained.

The university which began operation in 2015, is already running at least eight courses subscribed to by 200 students up to 400-level.

Expressing their delight regarding the donation by Otedola, Afolami, Omojafor and Anthony stated that the business mogul had once again set a fine example for other philanthropists.

Sharing their sentiments, the billionaire’s mother, Lady Otedola, stated: “I think I’m the happiest person today and I’m sure I’ll always be happy. It is always on record that this Augustine University was meant to be built at Odo-Ragunsin. Sometime in 1994 my late husband, Sir Michael Otedola, was approached to make financial donation to them. He was able to help get this large parcel of land for the university through the supports of the then-Alara of blessed memory.

https://www.thisdaylive.com/index.php/2018/11/28/otedola-donates-engineering-faculty-complex-to-augustine-university/?amp

Praise God! This has been a great week for the church.
No one should tell us how the money could serve better use in public schools. The federal universities this year had over 300 billion in allocation plus hundreds of billion in tetfund.

Good for our Education

2bn.
Chai.

I need just 00001 percent of it

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Blood of Sam Loco, 2billion gini ? Oga No vex oo, wetin you dey sell wey you dey dash 2billion Naira?

Well, oga Otedola, next time, enter CBN, demand for 5 thousand bank account numbers and donate "things" directly to Nigerians.

Good one from otedola

Ok

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Our unemployment problem will b solve if we start building industries n creating job opportunity instead of building mosque n church each n every day.can u imagine in my area alone we have like 7 mosques n 5 churches. For wat?? Nice one sir !!

baba for just dash me 2million insyd d 2billion i fit manage am...

Watch the money go to hungry pockets ke!

This is a man to be celebrated
You deserve some accolades

Donating #2B Haaaaaaa God help me more

Money miss road

Lying bloggers!

He donated a building not cash!

#2 billion!!!
Just like that!
Haaaaaaaaaaa!!!! Poverty is a bastard!

Good God bless you more

I'm going to be a billionaire too soon...
Clean way

Clean money

This country, dome people de chop, some people de pack plate while na some de wash,2bil charityna wah o

Yh

Nice one femi otedola, may you never lack.

God bless you.

a noble cause

APC supporter. He knows the light.

Good one, God bless Oga Femi

Nice one

Dis man get money ooh,2billion for dash

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2 billion, how true is this?

2Bn our of which money?
U people should better not make his creditors go after him.
Someone that’s so broke his house on Hyde Park Lane has been put up for sale.
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Nice one