Business mogul, Femi Otedola, has donated N5bn to the Cuppy Foundation, a philanthropic project of his daughter, Florence Otedola, popularly known as DJ Cuppy.
Mr. Otedola, who was represented by another one of his daughters, Tolani, made the announcement during the ‘Gold Gala,’ an event by his daughter, at Transcorp Hilton Hotel, Abuja, on Sunday evening, to a standing ovation from guests in attendance.
Tolani said, “My father, Mr. Femi Otedola, has been at the forefront of supporting worthy causes.
“It is in this spirit that he will be donating the sum of N5bn to the children of Borno, Adamawa and Katsina through the Save the Children.”
Among the guests were Vice-President Yemi Osinbjao; CEO, Save the Children, UK, Kevin Watkins; Mr. Femi Otedola; entrepreneur, Hajia Bola Shagaya; Ambassador Babagana Kingibe; and Minister of Industry, Trade and Investment, Niyi Adebayo.
They also included the Senator Gabriel Suswam, Representative of Senate President, Ahmad Lawan; Minister of State for Transport, Gbemisola Saraki; National Chairman of the All Progressives Congress, Adams Oshiomhole; billionaire businessman Aliko Dangote; and his daughter Hajia Halima Dangote.
Others were Minister of Women Affairs, Dame Paulen Tallen; former Governor of Borno State, Gen Buba Marwa; Group CEO, Oando Plc, Wale Tinubu; Governor of Lagos State, Babajide Sanwo-Olu; Governor of Ogun State, Dapo Abiodun; and Governor of Borno State, Babagana Zulum.
Cuppy’s godfather, Dangote, who is the owner of the Dangote Group, also made a donation of N100m.
The businessman told guests that they should not just allow government to do everything as even government had “a lot of challenges.”