Nigerian businessman and philanthropist Femi Otedola has announced the donation of another faculty of engineering complex worth N3.7 billion to Augustine University at Ilara Epe in Lagos.
According to Premiumtimes, Mr Otedola, who is the institution’s Chancellor, made the announcement during his address at the university’s 6th convocation ceremony, expressing his vision for the university to become a centre of excellence for engineering studies.
The latest donation is in addition to Mr Otedola’s previous donation of N2 billion for the construction of the first phase of the engineering faculty complex, which was completed in February 2023.