Billionaire businessman, Femi Otedola, on Wednesday, donated N1bn to the Lagos State Security Trust Fund.
This was disclosed by the Senior Special Assistant on Media and Publicity to the Lagos State Governor, Jubril Gawat, in a post on X on Wednesday.
According to Gawat, Governor Babajide Sanwo-Olu receieved the donation which was presented by Otedola’s daughter, Teniola, at the Lagos House, Marina.
He wrote, “Governor of Lagos State, Mr #jidesanwoolu today received the cheque of N1bn donation by a patriotic citizen and an ambassador of Lagos State, Mr Femi Otedola #realFemiOtedola to the Lagos State State Security Trust Fund.
“The presentation was made by his daughter, Ms Tolani Otedola #shestolani at the Lagos House, Marina.
“Mr Femi Otedola has been a consistent donor to the fund.”