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Alhaji to Donate $11.7 Billion to Health and Education

Alhaji to Donate $11.7 Billion to Health and Education

Alhaji's daughter revealed that he will donate approximately $11.7 billion, representing one third of his net worth of about $35 billion, to a foundation dedicated to health and education. This announcement was reported in Lagos and highlights a growing expectation for wealthy individuals to contribute to societal welfare.

Joseph Edgar commented on this philanthropic decision, contrasting it with other wealthy Nigerians who may not prioritize such responsibilities. He expressed admiration for Alhaji's approach, noting the establishment of a structure for the transparent use of the funds.

Edgar also shared his personal reflection on wealth, stating he has calculated his net worth at N12.6 million and is considering reserving 30% for philanthropy, inspired by Alhaji's example. He humorously noted challenges in involving his family in his philanthropic plans, particularly with his daughter Chantal.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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