Dangote, Abdul Samad Rabiu donate as IBB raises N17.5bn for presidential library

Dangote, Abdul Samad Rabiu donate as IBB raises N17.5bn for presidential library

 Aliko Dangote, Africa’s richest man, on Thursday pledged to
donate N8 billion for the actualisation of the presidential library of former
military president Ibrahim Babangida, popularly known as IBB.

 

Speaking at the public presentation of “A Journey in
Service,” IBB’s autobiography and fundraising for his presidential library held
in Abuja, Dangote said he will be supporting the project with N2 billion
annually for a period of four years.

 

Dangote praised Babangida’s administration for introducing
transformative policies, which he noted encouraged Nigerian investors to drive
economic development.

 

“Your excellency, I could continue to list all the reforms
you introduced that liberated the private sector, which is why Nigeria has more
private sector involvement than any other country in Africa,” he said.

 

“It is only in Nigeria where government contribution to GDP
is a mere 15 percent, with the remainder being driven by the private sector,”
he added while expressing hope that future Nigerian leaders will adopt similar
policies for the betterment of the country.

 

“Your excellency, based on what I have observed, I believe
this project will require at least four years to complete. I would like to
contribute N2 billion each year for the next four years, amounting to N8
billion in total. Should the project extend beyond four years, I will continue
to contribute N2 billion annually.”

 

Other prominent Nigerians who pledged donations to the
library’s construction include Abdul Samad Rabiu, founder of BUA, who donated
N5 billion.

 

Theophilus Danjuma, founder of the TY Danjuma Foundation,
donated N3 billion; Godswill Akpabio, the senate president, donated N50
million; Arthur Eze pledged N500 million; and Mustafa Chike-Obi of Fidelity
Bank gave N100 million.

Source: Dangote, Abdul Samad Rabiu donate as IBB raises N17.5bn for presidential library

 - NigerianEye
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