Revealed! 3 Nigerian billionaires contribute to educational advancement in Nigeria

• Billionaires are concentrating connected acquisition arsenic 1 of the astir almighty means of bringing astir long-lasting change
• Aliko Dangote and different Nigerian billionaires person helped to amended the nation's acquisition system
• Other Nigerian billionaires who person contributed immensely to acquisition see Femi Otedola and Abdul Samad Rabiu

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Across the globe, billionaires are focusing connected 1 of the astir impactful ways to make lasting alteration done education.

Report shows the largest donations to universities by Nigerian billionaires. Photo Credit: Abdul Samad Rabiu, Femi Otedola, Aliko Dangote
Source: UGC

Nigerian billionaires are not exempt from this, arsenic palmy concern moguls specified arsenic Aliko Dangote and others person contributed to improving acquisition successful the country.

Billionaires.Africa highlights the largest donations to universities by Nigerian billionaires, highlighting a communal committedness to changing acquisition systems and promoting an inclusive future.

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Abdul Samad Rabiu - $12.3 million

In 2022, Nigerian billionaire Abdul Samad Rabiu, done his philanthropic vehicle—the Abdul Samad Rabiu Africa Initiative (ASR Africa)—donated N5.5 cardinal ($12.3 million) to 22 Nigerian colleges nether the Tertiary Education Grants Scheme.

Each selected instauration received N250 cardinal ($560,700) intended for infrastructural repairs and installation improvements. ASR Africa was established successful April 2021 with the extremity of promoting effect successful the fields of societal development, healthcare, and education. The organisation targets African institutions with an yearly endowment of $100 million.

The programme increases the fig of beneficiary institutions to 30 by gathering connected a erstwhile circular of grants. The universities that were picked aft a systematic valuation process are the University of Lagos, the University of Uyo, and the University of Jos. To warrant task completion, ASR Africa is besides putting accountability structures into place.

This astir caller inaugural demonstrates Rabiu's sustained dedication to bolstering Nigeria's acquisition system portion utilizing his riches to code the continent's structural improvement issues.

Femi Otedola - $4.3 million

Lagos State's acquisition infrastructure has been greatly improved by Nigerian philanthropist and billionaire Femi Otedola. He gave Augustine University successful Ilara, Epe, a N2 cardinal ($4.3 million) engineering analyzable successful February 2023.

This state-of-the-art installation highlights Otedola's dedication to promoting innovation and strengthens the university's engineering disciplines. His committedness to the university's enlargement was further cemented successful October 2023 erstwhile helium was sworn successful arsenic its chancellor.

Otedola's continued assistance sets the modular for charitable contributions to acquisition and demonstrates his condemnation successful changing the organisations helium works with.

Aliko Dangote - $3.2 million

The richest antheral successful Africa, Aliko Dangote, established the Dangote Business School astatine Bayero University successful Kano successful 2018 with a donation of N1.2 billion, oregon astir $3.2 million. This cutting-edge university, which has lecture halls, blase auditoriums, and state-of-the-art probe facilities, intends to make concern leaders successful Northern Nigeria.

Nigerian billionaires publication to acquisition successful the federation is reflected successful the donation. Photo Credit: Peter Cade
Source: Getty Images

Dangote's dedication to promoting entrepreneurship and acquisition successful the federation is reflected successful the donation. His charitable endeavors besides included Ahmadu Bello University (ABU) successful Zaria, wherever helium provided N1.2 cardinal to physique a 2,160-bed pupil residence complex.

These donations item Dangote's continuous enactment of Nigeria's acquisition system, encouraging some world accomplishment and the maturation of the country's aboriginal firm executives.

Nigerian billionaire Otedola to statesman different philanthropic project

Legit.ng reported that Nigerian billionaire Femi Otedola has revealed intentions to construct unit quarters at the Lagos field of the Nigerian Law School.

Isa Chiroma, the manager wide of the Nigerian Law School, disclosed the accusation connected Tuesday, March 5, during the call-to-bar lawsuit successful Abuja.

Otedola has been a important subordinate successful Nigeria's nationalist information and acquisition sectors passim the past six months.

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Source: Legit.ng