Billionaire businessman, Femi Otedola, demonstrated his commitment to security in Lagos on Wednesday by donating N1 billion to the Lagos State Security Trust Fund. The generous donation was presented by Otedola’s daughter, Teniola, and received by Governor Babajide Sanwo-Olu at the Lagos House, Marina.
Jubril Gawat, the Senior Special Assistant on Media and Publicity to the Lagos State Governor, confirmed the donation in a post on X on Wednesday. Gawat highlighted Otedola’s consistent support for the Lagos State Security Trust Fund, commending the businessman as a patriotic citizen and ambassador of Lagos State.
Governor Sanwo-Olu, while unveiling a newly-built police station in the Alimosho Local Government Area in December, emphasized the importance of the Lagos State Security Trust Fund. The fund was established to support underfunded federal security agencies operating in the state, the Lagos Neighbourhood Safety Corps, and the Lagos Constabularies.
Otedola’s substantial contribution further underscores the collaboration between the private sector and the government in enhancing security measures within Lagos State.
