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Showing posts from October 25, 2024

"I Didn't Make Mega Bucks From Akala's Government As Alleged" - Jogor Boss, Femi Babalola

The CEO of Jogor Event Centre and Jogor Hotel Ibadan, Engr. Femi Babalola has cleared the air on the claims that he made his mega bucks as a contractor during the regime of the late former governor of Oyo State, Otunba Adebayo Alao-Akala. Jogor, as the businessman is popularly known, made the clarifications on Sunday during an interactive session with some journalists, including Trendscopenews publisher. Recall that Babalola, alongside Akala and a former commissioner in the state, Hosea Agboola, was probed but later discharged and acquitted of an alleged N11.5 billion fraud. He, however, said that his companies executed only 3 projects of about #150 million in the whole of Akala's regime. He said, "I always laugh when people say Akala regime this, Akala regime that. The whole of Akala regime my companies did maximum of 3 projects. I can say it with all authority that all the money that came to us wasn't up to #100 million or #150 million. It was so bad that when Ajimobi wa

Femi Otedola Donates #3.7b To Expand Augustine University Engineering Faculty Building

Nigerian billionaire and philanthropist, Femi Otedola has donated #3 billion towards the construction of phase 2 of the engineering faculty building at Augustine University, Epe, Lagos State. This came after an earlier donation of #2 billion by the debonair business magnate. The project, according to Otedola, is projected for completion within 12 months. Otedola, who is the chancellor of the Catholic-owned university, gave the assurance while speaking at 6th convocation ceremony of the university on Tuesday. The convocation was attended by prominent dignitaries, including Lagos state governor Babajide Sanwo-Olu, religious leaders, and university officials. In his address, Otedola honoured the academic and character development of the university’s graduating class. He thanked the university’s leadership, faculty, and staff for their role in shaping the graduates. He expressed his desire to see Augustine University emerge as a centre of excellence for engineering studies. The chancellor’