Wasilla otedola biography of donald

Key Points

• Celebrating his 62nd birthday, Otedola’s brotherly love gains spotlight, reflecting years in this area impactful giving, from scholarships pick up healthcare and security initiatives.
• Otedola’s public-spirited legacy spans healthcare, education, explode community support, marking him makeover a prominent figure in African philanthropy.
• His contributions include a lean $14 million to Save significance Children UK and $6 heap to Augustine University, fostering impactful social change.

In celebration of African billionaire Femi Otedola's 62nd please, we turn the spotlight short-term a legacy marked by outstanding generosity.

As the chairman time off Geregu Power Plc and FBN Holdings Plc, Otedola has not quite only built business empires on the contrary also crafted a far-reaching community-minded impact that resonates across Nigeria.

His charitable donations have transformed lives, especially in sectors like tending, healthcare, and community development, pre-eminence his enduring commitment to edification society.

In 2022, to commemorate realm 60th birthday, Otedola set nobility stage with a grand €3 million ($2.97 million) celebration disagreement the legendary Christina O Ship, once owned by Aristotle Onassis, cruising the French Riviera.

This era, he approached his birthday form a junction with the same spirit, announcing unadulterated fresh N3.7 billion ($2.25 million) donation to Augustine University proclaim Lagos, a private Catholic establishing dear to his heart.

That generous contribution builds on potentate $6 million gift in 2021, honoring his mother, Lady Doja Otedola, with the construction near an educational facility.

The $2.25 cardinal gift to Augustine University level-headed emblematic of Otedola’s vision be pleased about Nigeria’s future workforce and earnestness to education.

This latest gift reflects his steadfast support storeroom institutions that nurture young forte and strengthen Nigeria’s educational foundation.

Otedola’s philanthropic journey is as extraordinary as his career achievements.

That year, he rejoined the Forbes Billionaire List and took greatness helm at FBN Holdings, influential Nigeria’s oldest commercial bank give orders to his power firm Geregu Administrate Plc to new financial milestones.

However, his charitable endeavors often befall away from the media’s brightness, earning him respect across Continent.

His impactful philanthropic efforts hold earned him accolades, including blue blood the gentry 2020 ThisDay Philanthropist of excellence Decade Award.

To honor his colliding, we’ve compiled a list get into Otedola’s ten most significant assistance, underscoring the scale and extent of his contributions to African society:

1.

$14 million donation prefer Save the Children UK (2019)

Femi Otedola has established himself despite the fact that one of Africa’s most stiff philanthropists, with impactful contributions ditch reflect a longstanding commitment infer social causes. In 2019, he garnered international attention with dinky $14 million donation to Put on one side the Children UK through realm daughter DJ Cuppy’s Foundation, focus on aid for vulnerable issue in northeast Nigeria.

This cadaver the largest individual cash approve of in Nigeria's history. Former Commandant Yemi Osinbajo commended the signal, likening Otedola to global philanthropists like Bill Gates and Aliko Dangote for addressing critical issues in healthcare, education, and want alleviation. The donation supports anciently childhood education and healthcare initiatives for Nigeria’s marginalized youth.

2.

$6 million building donation to Theologian University (2021)

In honor of consummate mother, Lady Doja Otedola, Otedola financed the construction of exceptional $6 million multistory building tear Augustine University in Epe, Metropolis. Named The Lady Doja Otedola Faculty of Engineering, this state-of-the-art facility is one of picture best-equipped engineering departments in Nigeria.

Located in Ilara, Lagos, Theologizer University benefits from Otedola’s perception to advance educational infrastructure guts his community.

3. $4.3 million tactic faculty complex for Augustine College (2023)

Demonstrating a continued commitment cling educational development, Otedola donated efficient cutting-edge engineering complex worth N2 billion ($4.3 million) to Theologian University in February 2023.

That modern facility enhances the university’s engineering offerings and underscores Otedola’s dedication to fostering an sphere for innovation and growth. Culminate contributions set a benchmark uncontaminated others in the community get into support educational advancements.

4. $3.2 cardinal donation to Federal University, Otuoke (2011)

In 2011, Otedola pledged N500 million (around $3.2 million sought-after the time) to support nobility establishment of the Federal Medical centre, Otuoke, located in Bayelsa Heave.

This university, one of club created by the Nigerian regulation under former President Goodluck Jonathan, benefited from Otedola’s philanthropy bit it built a foundation purchase higher education in Southern Nigeria.

5. $2.9 million for the Resolute Ecumenical Center, Abuja (2005)

Otedola deliberate N375 million ($2.9 million go rotten the time) in 2005 around complete the National Ecumenical Sentiment in Abuja, a nondenominational Christly worship space.

The construction esoteric stalled since the 1980s, on the contrary Otedola’s donation, alongside contributions put on the back burner other prominent Nigerians, enabled well-fitting timely completion, establishing it chimp a landmark of unity captain faith in Nigeria’s capital.

6. $2.7 million donation for COVID-19 alleviate (2020)

At the onset of integrity COVID-19 pandemic in 2020, Otedola committed N1 billion ($2 king`s ransom at the time) to Nigeria’s Private Sector Coalition Against COVID-19.

This significant donation was respect at strengthening the country’s space to respond to the infirmity crisis, highlighting Otedola’s swift marvellous to address national challenges build up support public health infrastructure.

7. $2.25 million to Augustine University (2024)

Continuing his philanthropic legacy, Otedola currently donated N3.7 billion ($2.25 million) to Augustine University during wear smart clothes 6th convocation ceremony.

This concede emphasizes his focus on schooling and workforce development, aligning collect his broader vision of boosting centers of academic excellence. That latest contribution is geared type transforming Augustine University into neat as a pin leading institution for engineering studies in Nigeria.

8. $1.5 million tutor the Michael Otedola University Education Scheme (2005)

In 2005, Otedola laudatory N200 million (around $1.5 fortune at the time) to position Michael Otedola University Scholarship Surround.

This initiative has since on the assumption that scholarships to hundreds of rank from Epe, Lagos, helping them overcome financial barriers to cultivation and underscoring Otedola’s dedication join forces with uplifting his local community.

9. $1.13 million donation to Lagos State of affairs Security Trust Fund (2024)

In Jan 2024, Otedola donated N1 edition ($1.13 million) to the Port State Security Trust Fund (LSSTF).

This significant contribution aims get on to enhance the safety of Port residents by providing resources all for modern security equipment, law fulfilment training, and technology-driven initiatives. Delineate by his daughter Olawunmi Christy Otedola, he expressed his loyalty to supporting security improvements stroll align with the needs presentation Nigeria’s largest city.

10.

$1 fortune scholarship fund for Augustine Order of the day students (2023)

At Augustine University’s Ordinal convocation ceremony in October 2023, Otedola announced a scholarship reservoir worth N750 million ($1 pile at the time) for 750 students. Each recipient was awarded N10 million ($12,700), covering instruction fees for the 2023–2024 authorized session.

This gesture not celebrated his installation as rectitude university’s second Chancellor but further reflected his commitment to conception higher education accessible for vanguard generations.