Femi Otedola Donates N1bn To Lagos Security Trust Fund

Billionaire businessman, Femi Otedola, on Wednesday, donated N1bn to the Lagos State Security Trust Fund. 

This was disclosed by the Senior Special Assistant on Media and Publicity to the Lagos State Governor, Jubril Gawat, in 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." 

CKNNews reports in December 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. 


Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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