Femi Otedola donates $4.3m engineering building to Augustine University

Femi Otedola donates $4.3m engineering building to Augustine University

Businessman and philanthropist, Femi Otedola has handed over the completed block A of a multi-billion-naira faculty of engineering complex to Augustin

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Businessman and philanthropist, Femi Otedola has handed over the completed block A of a multi-billion-naira faculty of engineering complex to Augustine University, Ilara, Epe, Lagos State, in fulfilment of his dream to add a lasting value to the institution and its students.

Otedola, who is the Chancellor of Augustine University, handed over the edifice to the school, at the inauguration and handover ceremony held yesterday, in the presence of his mother and inspirer of the project, Lady Doja Otedola; Proprietor of the institution and Archbishop of the Metropolitan Sea of Lagos, Archbishop Adewale Martins, amongst other dignitaries.

The donor also laid the foundation stone for phase 2 of the faculty complex, which he promised would be completed in not more than two years.

The school named the engineering faculty building after Lady Doja Otedola in appreciation of her passion towards the betterment of the university and its students.

Otedola said he made the commitment to donate one building of the engineering faculty to the school in March 2018, but later increased his commitment to the engineering complex to N2 billion, during his mother’s 90th birthday celebration.

He said his dream was to support Augustine University to become the number one centre of excellence in Africa for the study of various disciplines of engineering.

Otedola, who is the Chairman of Geregu Power Plc, thanked the proprietor of the university for naming the engineering faculty building after his mother, saying, “I’m glad that she is alive to witness this historic event in view of her unflinching commitment to the university.”

The donor expressed his appreciation to the proprietor of the university for appointing him as the chancellor of the institution, promising to support the vision of the revered Cardinal Anthony Okogie, whom he said accompanied his late father, Sir Michael Otedola to meet the late Oba of Ilara in order to obtain the present site for Augustine University to commence.

 

He also thanked those who worked on the construction of the project to make the day a reality.

While extolling the university, Otedola stated that, “Augustine University upholds the noble Catholic tradition of the type of higher education which does not only achieve intellectual excellence but moral and cultural excellence in preparing the students for important leadership roles in our society.”

He said he looked forward to hosting everyone physically present at the occasion to similar ceremony in two years’ time when they would cut the tape for the inauguration of block 2 of the engineering complex.