Philanthropic Gesture: Femi Otedola’s Generous N1 Billion Donation To Lagos State Security Trust Fund

On Wednesday, Lagos State Governor Babajide Sanwo-Olu personally received a generous one billion naira donation from Mr. Femi Otedola, a patriotic citizen and Lagos State ambassador….CONTINUE READING

The symbolic cheque presentation was carried out by Mr. Otedola’s daughter, Tolani Otedola, at the Lagos House, Marina.

Jubril Gawat, the Senior Special Assistant to Governor Sanwo-Olu on New Media, confirmed the donation via his X platform account, stating, “Governor of Lagos State, Mr @jidesanwoolu, today received the cheque of 1 Billion Naira Donation by a patriotic citizen and an ambassador of Lagos State, Mr Femi Otedola, @realFemiOtedola to the Lagos State State Security Trust Fund (@followlsstf).

The presentation was made by his daughter, Ms Tolani Otedola, @shestolani today at the Lagos House, Marina. Mr Femi Otedola has been a consistent donor to the Fund.”

In related news, the Lagos State House of Assembly recently approved a total budget size of N2,267,976,120,869 for the year 2024.

This budget, with 58 percent allocated to Capital Expenditure and 42 percent to Recurrent Expenditure, received unanimous support from lawmakers present at the plenary session presided over by Speaker Mudashiru Obasa.