Otedola Pledges Additional 2.85 Billion Naira for Augustine University Engineering Faculty One week after Augustine University's 8th Convocation Ceremony, the University celebrates a major highlight of the event: the renewed commitment of its Chancellor, Mr Femi Otedola, to the development of the institution's Faculty of Engineering. At the ceremony held on Thursday, 29 October 2026, Mr Otedola pledged an additional ?2.85 billion towards the completion of the second phase of the Faculty of Engineering building, reaffirming his commitment to delivering the project by 30 June 2027. The project, now estimated at ?4.35 billion, has already received ?1.5 billion from the Chancellor, with the outstanding balance committed towards its completion. Represented by the Group Managing Director of First HoldCo Plc, Mr Adebowale Oyedeji, the Chancellor reiterated his belief in education as a powerful instrument for transforming individuals, communities and nations. His continued investment reflects a strong commitment to strengthening engineering education and providing students with an enabling environment to acquire relevant knowledge and practical skills. Augustine University appreciates its Chancellor for his unwavering generosity, vision and dedication to the University's growth and development.
