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Otedola Donates N1bn to LSSTF

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In a landmark move for public safety in Lagos, Nigerian business tycoon Femi Otedola, represented by his daughter Tolani Otedola, has contributed a hefty sum of N1 billion to the Lagos State Security Trust Fund (LSSTF).

This act of generosity was acknowledged in a formal ceremony where the Governor of Lagos State was present to receive the donation, further cementing the synergy between the state’s public sector and private philanthropy.

The LSSTF, which has been a cornerstone in the provision of critical support to law enforcement agencies for nearly two decades, has benefited from Mr. Otedola’s consistent support, earning him the distinction of being the top individual contributor to the Fund.

Tolani Otedola, in her role at the event, underscored the LSSTF’s enduring contribution to the state’s security framework, and the Otedola family’s commitment to fostering a safe environment for all Lagosians.

Acknowledging the seamless and safe celebrations during the recent festive season, Tolani Otedola highlighted the LSSTF’s role in ensuring peace and security, a feat that was possible due to the diligent efforts of the security services, underpinned by the support from the Fund.

The donation comes with a clarion call to action for others in the community, as Mr. Otedola, through his daughter, urged Lagosians, especially those within the corporate and affluent sectors, to reflect on the value of contributing to the Fund.

He posited that such collective action is pivotal for the sustenance of security and prosperity in Lagos.

The presence of the Governor at this event, to personally receive the pledge, signifies the importance the state places on partnerships that enhance public welfare.

In her closing remarks, Tolani Otedola lauded the Governor and the LSSTF for their unwavering commitment to keeping Lagos safe and encouraged the Fund to continue its legacy of transparency and prudent management of resources.

This substantial endowment by the Otedola family not only addresses immediate security needs but also exemplifies the spirit of giving back to the community.

It reflects a growing trend of collaboration between the government and private citizens in tackling societal challenges.

As Lagos continues to grow as a major economic hub in Africa, such contributions are vital in ensuring that the city remains a safe and attractive destination for business and tourism.

The Otedola family’s donation not only provides immediate resources for security enhancements but also serves as a model for philanthropy in Nigeria’s socio-economic landscape.

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Personality in Focus

Gospel Singer, Big Bolaji, Dies at 50

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The family of Bolaji Olarewaju, popularly known as Big Bolaji has confirmed the passing of the singer following a brief illness.

According to a statement signed by the Family on Saturday, Bolaji died on Easter Saturday.

The statement said, “It is with profound sadness that we announce the passing of Bolaji Olarewaju, affectionately known as “Big B,” a cherished father, husband, brother, and an esteemed figure in both the church community, an ordained Pastor in the RCCG and a giant in the music industry and our community. Bolaji left us on Easter Saturday, 19th April 2025, after a brief illness.

“His departure leaves a void in our hearts that can not be filled.

“Bolaji’s life was a testament to his passion for music, his unwavering faith, and his dedication to uplifting those around him. His legacy is not only in the melodies he created but in the lives he touched and the unquantifiable joy he spread.

“We take solace in knowing that his absence with us is his presence with the Lord, and the indelible mark he left on all who had the privilege of knowing him will not be erased.

“As we navigate through this time of loss, we kindly request privacy to mourn as a family. We are deeply grateful for the outpouring of love and support we have received and ask that you continue to keep us in your prayers.

“Details regarding the obsequies will be shared in due course as we come together to celebrate Bolaji’s remarkable life and legacy.

“Thank you for respecting our wishes during this incredibly difficult time. With gratitude, The Family of Bolaji Olarewaju.”

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Personality in Focus

Founder, Diamond Bank, Paschal Dozie Dies 86

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Pascal Dozie, a renowned Nigerian entrepreneur and business leader has died. He was 86.

According to sources close to the deceased, Dozie died a battle with old age-related illness.

Dozie, was a man of many parts, best known for founding Diamond Bank and serving as chairman of Pan-Atlantic University.

He was born on April 9, 1939, in Egbu, Owerri, Imo State, Nigeria. Dozie’s educational background includes a degree in Economics from the London School of Economics and a master’s in Administrative Science from City University in London.

Dozie also founded theAfrican Development Consulting Group, which worked with notable clients like Nestle and Pfizer. He served as MTN Group chairman but later resigned and was succeeded by Ernest Ndukwe.

Dozie received the prestigious National Award of the Order of the Niger (OON) for his contributions to Nigeria’s banking industry.

Dozie is survived by his wife Chinyere Dozie, and five children among other relatives.

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Personality in Focus

Ex-Oyo Governor, Victor Olunloyo, Dies at 90

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A former governor of Oyo State, Dr. Victor Olunloyo, is dead.

According to a statement by his family on Sunday, he died a few days before his 90th birthday.

The statement titled ‘Victor Olunloyo goes home’ was signed by Oladapo Ogunwusi on behalf of the family.

It read, “With a heavy heart but gratitude to the Almighty, we announce the passing into glory of Dr. Victor Omololu Olunloyo, former governor of Oyo State, mathematician and engineer and renowned technocrat, a few days before his 90th birthday.

“The Balogun of Oyo and Otun Bobasewa of Ife, Dr. Olunloyo was first Rector, Ibadan polytechnic and first Rector, Kwara State Polytechnic among other notable appointments.

“His long record of service to the nation and humanity is a source of pride to his family and associates even as we come to grip with this devastating event.

“The Olunloyo family will appreciate the understanding of the press and the public as they commence efforts to give him a befitting burial.

“Even from everlasting to everlasting, He is God.”

About a year ago in April 2024, the rumour of the death of the elder statesman was reported by some news platforms.

But speaking with The PUNCH correspondent who visited his Molete residence in Ibadan, the state capital, he debunked the rumour, saying he was hale and hearty.

“I’m still here, not yet gone,” he declared then.

He also expressed worry over the rumour and asked who would live forever, stressing, “Those breaking death news and the person presumed dead will all die one day.

“I’ve been lucky. My father died at 42, while my mother died at 102. I’m 89. I’ve crossed the expected life age.”

The elder statesman also illustrated how the rumour of his death hit several news platforms on June 7, 2022.

He noted that the rumour mongers claimed that he died at the University College Hospital, Ibadan.

A few days later, the family issued a statement, declaring that he was not dead but suffering from old age ailment and asked Nigerians to pray for him to survive the health complications.

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