VENTURES AFRICA – Nigerian billionaire and Chairman of Atlas Oranto Petroleum International Limited, Prinze Arthur Eze has donated 1.8 billion naira ($12 million) to a Nigerian Church charity, St. Stephen’s Anglican Deanery and Youth Development Centre, for youth development.
The oil tycoon made the donation in Lagos at the church’s fund raising bazaar presided by President Goodluck Jonathan.
The event had in attendance, Visafone Chairman Mr Jim Ovia, Capital oil Chairman Chief Ifeanyi Uba, A-Z Oil Chairman Chika Okafor, Arik Air Chairman Sir Joseph Arumemi–Ikhide, billionaire Mr Oba Otudeko, and Tony Elumenu.
6 billion naira was generated at the close of the fund raising bazaar with Arthur Eze’s donation being the largest.
President Jonathan, whose hometown church was the beneficiary of the fundraiser, said the church was put in charge of the Youth Development Centre because of the track record of missionary churches for funds effectiveness and community development.