Nigerian Billionaire Arthur Eze Donates $12 million To Charity

Posted on March 18, 2013 08:38 pm under Entrepreneurs

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.

Tags:African business news Charity donations in Nigeria Prince Arthur Eze Ventures Africa

Goke

Oyeniyi Adegoke is a staff writer for Ventures Africa and a business writer with passion for entrepreneurship and disadvantaged kids. He studied Mathematics and Statistics at the University of Lagos whilst co-building an indigenous social platform, ovaloaded.com, before it was bought over. Goke has published an e-book -- X the Box, managed the publishing of a national agricultural magazine and written several business plans and published articles.