Business mogul and philanthropist Femi Otedola has pledged a massive ₦4 billion to Augustine University, Ilara-Epe, for the construction of a new Electrical and Electronics Engineering block. The donation was announced during the university’s 7th Convocation Ceremony on October 30, 2025, and represents the second phase of the Dame Doja Otedola Faculty of Engineering, named in honor of his mother.
Otedola, who serves as the Chancellor of Augustine University, emphasized the transformative power of education in his remarks:
“This marks the second phase of the Dame Doja Otedola Faculty of Engineering — a tribute to my beloved mother and to the power of education to transform lives.” — Punch The Punch
The donation was made via a formal cheque presentation attended by university officials, clergy, and dignitaries. According to Nairametrics, the funds will be used to complete the faculty’s infrastructure and enhance its academic offerings Nairametrics.
Otedola’s gesture reinforces his role as the university’s largest private benefactor and aligns with his broader commitment to national development through education.
Sources:
