Africa’s richest man, Alhaji Aliko Dangote, has taken full responsibility for financing a ₦1.1 billion, 250-bed student hostel project for the Ilorin Central Jumma’at Mosque at the University of Ilorin, Kwara State.
The facility, when completed, will provide modern accommodation for students while generating rental income to support the Mosque’s upkeep — a unique initiative that combines education with faith-based community investment.
Dangote Steps In
Originally launched by the Ilorin Central Mosque to create a sustainable income stream, the project has now been fully adopted by Dangote. At a press conference, the Mosque’s Board of Trustees Secretary, Alhaji Shehu AbdulGafar, confirmed that the billionaire had formally committed to funding the hostel.
A Memorandum of Understanding (MoU) has been signed with the University of Ilorin, granting the Mosque management rights for 21 years before transferring ownership back to the institution.
Monthly Donations for Sustainability
In addition to covering the construction costs, Dangote pledged a monthly donation of ₦5 million until the project’s completion. AbdulGafar noted that this commitment had already begun, describing it as proof of Dangote’s dedication to both education and religion.
Impact on Students and the Community
Once delivered, the hostel will ease accommodation shortages on campus, offering students safe and affordable housing. Community leaders and stakeholders have hailed Dangote’s intervention as a landmark gesture that strengthens the Mosque’s capacity while supporting the wider student body.
They further expressed hope that this initiative will serve as a model for how private sector partnerships with religious institutions can deliver sustainable community projects.