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Femi Otedola Donates N5 Million and Scholarships to Quadruplet Family
Femi Otedola, the renowned billionaire businessman, has extended a generous gift to the family of Sodiq Olayode, who recently welcomed quadruplets.
Otedola’s philanthropy through the Femi Otedola Foundation (FOF) has led to a significant donation of 5 million Naira to support the Olayode family.
Additionally, the foundation has committed to providing scholarships for two of the quadruplets, covering their education up to the university level.
This act of kindness follows a social media appeal from James, a friend of Sodiq, who highlighted the family’s urgent need for financial help.
The appeal garnered widespread attention, resulting in donations surpassing 14 million Naira from various individuals.
On Monday, Philip Akinola, representing the Femi Otedola Foundation, presented the cheque of 5 million Naira to the Olayodes. Otedola’s well-known commitment to charitable causes and support for individuals in need prompted his intervention after learning about the family’s situation.
In response to this generosity, Abiodun Olayode, the mother of the quadruplets, expressed her hope that First Lady Remi Tinubu would also offer support.
She emphasized the critical importance of education for her children and shared her personal challenges, noting that she had only planned for one child but was now caring for four. Abiodun’s plea was a heartfelt request for additional assistance to help secure her children’s future.
The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
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