otedola

Otedola Donates ₦100m To Lagos STF

Philanthropist and business mogul, Femi Otedola, has donated ₦100 million to the Lagos State Security Trust Fund (LSSTF), making him the largest individual donor. Zenith Bank took the lead for corporate donors with ₦300 mnillion.

Governor Babajide Sanwo-Olu thanked the donors at an event tagged: ‘Transformational Security’, organised by LSSTF at the Civic Centre, Victoria Island, Lagos, on Tuesday.

Other top corporate donors on the list include Access Bank, First Bank, Xenon Construction Ltd. and Guaranty Trust Bank (GTB).

The governor, while addressing the guests, said he was happy that other states had adopted the security trust fund idea initiated

Otedola Doles Out ₦5bn For North-East Intervention

Billionaire entrepreneur and Executive Chairman of Geregu Power Plc, Mr. Femi Otedola, has donated N5 billion to Save the Children charity to support its intervention in the North-East.

This is arguably the largest individual donation to charity in Nigeria’s history.

Otedola made the donation, yesterday,  at the ball organised by the Cuppy Foundation to raise funds for Save the Children, the 100-year United Kingdom-based charity.

Cuppy Foundation is a non-profit organisation founded by Florence Ifeoluwa Otedola (aka DJ Cuppy), who is Femi Otedola’s daughter.

Speaking at the Transcorp Hilton Hotel, Abuja, while making his presentation, Otedola pledged to devote his …