Dangote, TY Danjuma, other prominent Nigerians donate billions of naira at IBB’s book launch

The Chairman of Dangote Group, Aliko Dangote, Founder of the TY Danjuma Foundation, Theophilus Danjuma, and Chairman of BUA Group, Abdulsamad Rabiu, were part of the dignitaries that raised billions of naira for the establishment of a presidential library for former military president, Ibrahim Babangida during a book and presidential library launching on Thursday.

Dangote announced a donation of ₦6 billion, saying that he will be supporting the project with ₦2 billion annually for a period of four years. He added that he will continue the contribution if the project drags beyond four years.

“I will contribute ₦2b annually for the next four years, which is ₦8b to the development of the IBB Presidential Library. If the project drags more than four years, I will continue to pay ₦2b every year,” Dangote said.

Dangote hailed Babangida as the one that established private sector in Nigeria, saying that all the bigwigs in the private sector today were created by the ex-military leader.

He recalled how Babangida gave almost 30 of them banking licenses on a particular day.

Abdulsamad commended Babangida for the book and presidential library launched, announcing a donation of ₦5 billion for the project.

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“We are gathered to celebrate more than a person, a building, or an archive. We are gathered to celebrate a sanctuary of memory, a testament to the vision, complexity, and enduring legacies of one of Nigeria’s transformative leaders, General Ibrahim Babangida,” Abdulsamad said.

Theophilus Danjuma donated ₦3 billion; Senate President, Godswill Akpabio, donated ₦50 million; Arthur Eze donated ₦500 million; and Mustafa Chike-Obi donated ₦100 million.

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