CSR

Theophilus Danjuma, Billionaire Philanthropist, Grants $1.36 Million Donation to Nigerian University.

Danjuma has made a $1.36-million donation to the College of Medicine, University of Ibadan — setting a new record for philanthropy in the country.

In a landmark move toward community development, Nigerian billionaire Theophilus Danjuma, who ranks as one of the most affluent investors on the Nigerian Exchange, has made a $1.36-million donation to the College of Medicine, University of Ibadan (CoMUI) — setting a new record for philanthropy in the university.

The move by the 84-year-old businessman, politician, and retired army general is in response to a request from the CoMUI — the $1.36-million donation will be allocated to the construction of Block D within the student’s hostel.

Read:  Catholic Church Donates ALL Its 425 Hospitals As COVID-19 Isolation Centres

Representing Danjuma at the sod-turning ceremony for the hostel’s construction was his wife, Daisy Danjuma. The $1.36-million donation, through the T.Y. Danjuma Foundation, is the largest donation by an individual for the construction of a student hostel in the university. 

What they are saying about the $1.36-million donation by Theophilus Danjuma

At the sod-turning ceremony for the hostel’s construction, Professor Olayinka Omigbodun, the provost of CoMUI, talked about the importance of this new hostel in the reaccreditation process mandated by the Medical and Dental Council of Nigeria.

Read:  Sterling Bank to launch One Force, trains paramilitary

In a joint statement, President of ICOMAA Worldwide, Professor Emmanuel Otolorin, a platinum donor, and Dr. Modupe Sokunbi commended Danjuma on his recent efforts. They also expressed gratitude for Danjuma’s illustrious philanthropic contributions in recent years and his ongoing support for the current project in the college. 

Theophilus Danjuma: Oil mogul and philanthropist, fostering education and community welfare.

Danjuma, the founder of South Atlantic Petroleum, a leading oil exploration company, has consistently engaged in philanthropic endeavors. Beyond his interest broad business interests, he is renowned for his commitment to community development.

Read:  Huawei Celebrates 3 Nigerian Students, Launches 2019/2020 ICT Global Competition

In April, Danjuma, the majority shareholder of publicly listed Industrial and Medical Gases Nigeria Plc, donated a 500-capacity female hostel to the University of Benin. The female hostel is a testament to his dedication to education and community welfare. 

Godwin Obaseki, the governor of Edo State, spoke highly of Danjuma’s philanthropic legacy during the inauguration ceremony of the female hostel on April 29. Obaseki mentioned his previous contributions, which amounted to millions of naira during the COVID-19 pandemic outbreak three years ago.

Related posts

Unilever WIMBIZ partnership: ‘Sunlight Empowerment Grant’ winner receives N1m

NigGal

MultiChoice Nigeria Announces N1.2bn Package to Fight Pandemic

NigGal

DJ Cuppy Donates £100k To African Students At Oxford University

NigGal

Orange Mali and the German Cooperation Inaugurate the 4th Orange Digital Center in Africa and the Middle East.

NigGal

Mouka provides comfort to Nigerians Isolation Centres, donates 700 mattresses

NigGal

Eko DisCo donates two trucks of food items to Lagos

NigGal

Leave a Comment