Femi Otedola, Billionaire businessman, on Wednesday, donated N1bn to the Lagos State Security Trust Fund.
The Lagos State Governor, Jubril Gawat, was informed of this by the Senior Special Assistant on Media and Publicity through 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 today at the Lagos House, Marina.
“Mr Femi Otedola has been a consistent donor to the fund.”
Earlier report in December, 2023 had it that Sanwo-Olu, while unveiling a newly-built police station in the Alimosho Local Government Area, stated that the Lagos State Security Trust Fund was established to support underfunded federal security agencies operating in the state as well as the Lagos Neighbourhood Safety Corps and the Lagos Constabularies.
