Nigerian billionaire businessman and philanthropist, Femi Otedola, has once again demonstrated his unwavering commitment to advancing education in Nigeria with a generous ₦4 billion donation to Augustine University, Ilara-Epe. The funds will be used for the construction of a state-of-the-art Electrical and Electronics Engineering block aimed at fostering innovation, research, and world-class technical training for students.

Jocomms Correspondent reports that this latest contribution by Otedola marks one of the largest single donations to a Nigerian private university in recent years. The new engineering block, when completed, is expected to feature modern laboratories, smart classrooms, and innovation hubs designed to equip students with practical skills relevant to today’s global technological demands. University officials have described the gesture as transformative, saying it will position Augustine University as a leading centre for engineering excellence in Africa.

Known for his philanthropy across education, health, and social development, Otedola said the project reflects his vision of empowering young Nigerians through access to quality technical education. His donation, he added, was inspired by the need to bridge the gap between academia and industry in a rapidly advancing digital world. With this landmark gesture, will Otedola’s investment spark a new wave of private-sector support for Nigerian universities? Visit www.jocomms.com for more news.