Renowned businessman and philanthropist Femi Otedola has appointed himself as the Chancellor of Augustine University, giving one million naira to each of the 750 students.

The millionaire, who is renowned for showering his kids with presents, had given his daughter Cuppy a new house for her birthday.

Additionally, he has shown generosity to every Augustine University student in the state of Lagos.

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Femi Otedola shared pictures from the ceremony and the details of his generosity on Twitter.

As he stated;

“Today, I was inaugurated as the Chancellor of Augustine University. I strongly believe in transforming establishments that I am associated with. I gave a gift of One Million to each of the Seven Hundred and Fifty Students. I hope this donation of Seven Hundred and Fifty Million Naira assists the plight of the parents of our students in this difficult time… F.Ote$”

See post below…

See reactions below;

ubamsinachi: God bless you sir, my son just informed me of it and I doubted him, came to your page it wasn’t posted then. We’re very grateful. May God continue to bless you with a healthy long life.

chioma_adeleke: Wow! God bless you sir. Father Lord, please send destiny helpers like FO into my establishment in Jesus’ name.

taiisycasual: But this kind will bring more respect if you do it for public university? Your donations goes to the riches and the poor mass is less concern.

princeoyeg: Na this kind people suppose be in power not chancelllor. but na people wey only get corruption and forgery brain dey rule us.

ibukun_0609: Dis right here is the kind of money I want to have … I don’t want to be the richest. I just want to have dis kind of money … this is the entire purpose of life.

jideawobona: Thanks a lot, this great impact sir, God bless you and replenish you in multiple folds.