Top 10 Biggest Donations by Billionaire Femi Otedola
Femi Otedola is one of Nigeria’s most well-known business leaders, but he is also famous for his generosity. As the chairman of Geregu Power Plc and FBN Holdings Plc, Otedola has used his success to support many important causes.
He has made donations in areas like education, healthcare, and community development, helping improve lives across Nigeria.
Here are Femi Otedola’s 10 major donations:
1. $14 million donation to Save the Children UK
In 2019, Femi Otedola donated $14 million to Save the Children UK through his daughter DJ Cuppy’s Foundation. This donation, the largest individual cash donation in Nigeria’s history, helped support education and healthcare for children in northeast Nigeria. It made a big difference for vulnerable kids and earned praise from leaders like former Vice President Yemi Osinbajo.
2. $6 million building donation to Augustine University
In 2021, to honor his mother, Lady Doja Otedola, Otedola donated $6 million to build a new building at Augustine University in Epe, Lagos. The building, named The Lady Doja Otedola Faculty of Engineering, is now one of the best engineering departments in Nigeria.
3. $4.3 million donation for an engineering faculty complex at Augustine University
In 2023, Otedola donated $4.3 million (N2 billion) to build a modern engineering faculty complex at Augustine University. This facility will improve the university’s engineering programs and provide better learning opportunities for students.
4. $2.5 million donation for healthcare in Lagos
Otedola donated $2.5 million in 2020 to improve healthcare in Lagos. The donation went towards building hospitals and upgrading healthcare services in the city, helping many people access better medical care.
5. $1 million donation to the National Association of Nigerian Students (NANS)
Otedola made a $1 million donation to NANS to support Nigerian students. This donation was aimed at helping students with scholarships, educational resources, and other needs to support their studies.
6. $1.3 million donation to Lagos State Government for COVID-19 relief
In the wake of the COVID-19 pandemic, Otedola donated $1.3 million to the Lagos State Government to help combat the virus. His donation helped provide food, medical supplies, and other forms of assistance to those affected by the pandemic.
7. $5 million donation to the University of Lagos
Otedola made a $5 million donation to the University of Lagos in 2021. The donation was meant to support research, provide scholarships, and improve facilities for students and staff at the university.
8. $2 million donation to the Nigerian Police Force
In 2020, Otedola donated $2 million to the Nigerian Police Force to help improve security and law enforcement across the country. His donation was used to purchase equipment and support police officers in their work.
9. $3 million donation for community development in Epe
In 2021, Otedola donated $3 million to fund community development projects in his hometown of Epe, Lagos. The funds were used to improve infrastructure, create job opportunities, and support local businesses in the area.
10. $500,000 donation to the Lagos State University Teaching Hospital
Otedola donated $500,000 to Lagos State University Teaching Hospital in 2020. This donation was used to help improve medical care and upgrade facilities, benefiting both patients and medical professionals at the hospital.
New Tax Laws Begin, But KPMG Warns of Gaps
Nigeria’s new tax framework moved from discussion to daily reality from January 1, 2…













1 Comment