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Nigerian media mogul Prince Nduka Obaigbena, the chairman of THISDAY newspapers and ARISE News Channel, has donated N1 billion ($2.2 million) to Western Delta University in Oghara, Delta State in Nigerias’ South-South.
Obaigbena announced the gift on Saturday during the University’s 15th Founders’ Day celebration at the tertiary institution.
Western Delta University is a private University owned by the former Governor of Nigeria’s oil-rich Delta state, Chief James Ibori.
Obaigbena indicated that the gift was made on behalf of his broadcast station in order to establish a Media and Technology School.
This, he claimed, will help the school’s development.
The media magnate praised Ibori for having a big heart and a big vision for building the university.
He remarked that running a university is expensive, and the promoters undertake it mostly for development goals rather than profit.
“I’m at the Western Delta University’s 15th Founders’ Day celebration to rejoice with, and encourage, a friend who is giving back to society what it needs to grow,” Obaigbena stated.
Obaigbena, 63, is the founder of ThisDay Media Group and Arise Networks Ltd. (which owns the Arise New Channel and Arise Magazine).
He has been the sole director of the company since its incorporation on Oct. 30, 2012.
