Billionaire Businessman Femi Otedola has been unveiled as the Chancellor of Augustine University in Ilara Epe Lagos on October 26th. The inauguration took place during the 5th Convocation ceremony of the institution.
The business mogul and philanthropist, during the inauguration ceremony donated the sum of seven hundred and fifty million Naira to Seven Hundred and fifty Students of the institution. (N1million each to student).
According to the him the donation was to “assist the plight of the parents of our students in this difficult time.”