Billionaire businessman and Chairman of Geregu Power Plc, Femi Otedola, has donated N1 billion to the Lagos State Security Trust Fund (LSSTF).
The Governor of the State, Mr. Babajide Sanwo-Olu received the N1 billion cheque on behalf of Lagos State Security Trust Fund at the Lagos House, Marina on Wednesday, January 10th, 2024.
Sanwo-Olu, on the other hand, presented an Appreciation Award to Femi Otedola for his kind gesture.
The award was received by the Director, Geregu Power Plc, Ms. Olawunmi Otedola on behalf of Femi Otedola.
For those who don’t know, the Lagos State Security Trust Fund (LSSTF) was established by the Law of the Lagos State House of Assembly in 2007 to source for resources in cash and kind from corporate organizations (Public & Private) and well-meaning individuals to support security agencies with crime fighting equipment.