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Nigerian billionaire,Ā Femi Otedola, has once again demonstrated his altruism by donating the whopping sum of N5 billion toĀ Save the Children, a nonprofit organisation. The development has surprised Nigerians, many of whom were quick to observe that this is the largest amount of money any individual has ever single-handedly donated for charity purposes in Nigeria.

How it all went down:Ā Florence Otedola, the celebrity daughter of Femi Otedola, who is also popularly known as DJ Cuppy, organised a gala, yesterday, through her Cuppy Foundation. The purpose was to raise funding for Save the Children’s operations in Nigeria. The UK nonprofit, to which DJ Cuppy serves as an ambassador, has been playing a pivotal role in the effort to save the children in Borno, Adamawa, and other parts of North Eastern who have been affected by the activities of the terrorist group, Boko Haram.

The N5 billionĀ donationĀ was announced by Tolani Otedola, another popular daughter of the billionaire businessman and former Chairman of Forte Oil Plc. Following the announcement at theĀ Congress Hall of the Transcorp Hilton, Abuja, the billionaire was appreciated by those in attendance, including Nigeria’s Vice President, Yemi Osinbajo.

ā€œMy father, Mr. Femi Otedola, has been at the forefront of supporting worthy causes. It is in this spirit that he will be donating the sum of N5bn to the children of Borno, Adamawa and Katsina through the Save the Children.ā€

Sulai Oduwole@SulaiOdus
Replying to @SulaiOdus

Alhaji @AlikoDangote Donated the sum of 100million Naira. #CuppyGoldGala

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Sulai Oduwole@SulaiOdus

Tolani Otedola announced the donation of their Dad Mr @realFemiOtedola at the #CuppyGoldGala which is the sum of 5billion Naira.

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Many Nigerians onĀ social mediaĀ were pleasantly surprised by the donation and have not ceased showering the man with praises for the kind gesture. Others have also pointed out how he is always supporting his daughters.

PorPorReeĀ ?@VEJ0ME

Femi Otedola gave his daughter, Cuppy N5B for her foundation.

That’s really impressive.

Who is your daddy?

911

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Zoba K Yamah@UtdChi

Mr Femi Otedola Just donated 5 billion naira to the less privileged few minutes ago on live TV! God will definitely bless this man!

In the meantime,Ā other people are still trying to understand how someone can single-handedly donate that amount of money.Ā AbbahĀ specifically wondered how N5 billion could just be deducted from someone’s account without such a fellow beingĀ hospitalised. Well, that’s one of the pecks of being a billionaire.

M Abba@M_Abba_

You mean 5Billion naira left someone’s account this evening and he has not been admitted to General hospital..

Me that if Access Bank doesn’t credit my 19,800 on time, my heart will start shaking ??

God of Otedola abeg.. #otedola @cuppymusic God bless you

Note that Femi OtedolaĀ has always been very altruistic.Ā NairametricsĀ reported that he offered to sponsor a little girl who was seen singing along to DJĀ Cuppy’sĀ GelatoĀ song in August. Parts of the lyrics to the song asks the question, ā€œwho’s your daddy?ā€ to which the little girl screamed, ā€œOtedola!!!ā€ This apparently amused the man, so much that he promised to ā€œprovide her scholarship from now through university!ā€

He had alsoĀ previously donatedĀ so much money and given several other people scholarships, and even facilitated medical aid for popular Nigerian actors – Victor Olaotan and Sadiq Daba, both of whom were separately involved in a ghastly accident and diagnosed with prostate cancer.