Popular businessman and philanthropist, Femi Otedola, has gifted 750 students the sum of 1 million Naira each on the occasion of his inauguration as the new chancellor of Augustine University.
The entrepreneur who is quite famous for not holding back in spoiling his children bought his daughter, Cuppy, a gift worth 5 billion Naira on her 30th birthday.
He has extended his generosity not only to the students of Augustine University in Lagos, but also to the school itself.
Femi Otedola took to Twitter and shared details of the event, along with photos of the event.
In the caption of the photos Femi Otedola wrote, "Today, i was inaugurated as the Chancellor of Augustine University.
I strongly believe in transforming the establishments that i am associated with.
I gave a gift of One Million to each of the Seven Hundred and Fifty Students".
Following Femi Otedola's announcement, Netizens praised him for his generosity and congratulated him on his latest feat.
See photos below:
See Femi Otedola's tweet below:
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