{"id":152067,"date":"2025-02-21T08:55:39","date_gmt":"2025-02-21T07:55:39","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn"},"modified":"2025-02-22T11:41:18","modified_gmt":"2025-02-22T10:41:18","slug":"ibb-launches-nigerias-second-presidential-library-raises-n17-5bn","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn","title":{"rendered":"IBB Launches Nigeria\u2019s Second Presidential Library, raises N17.5bn"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Babangida Commends Abdul Samad Rabiu\u2019s Early and Sustained Commitment to Project<\/p>\n<p>Nigeria\u2019s former military president, General Ibrahim Badamasi Babangida (rtd), on Thursday launched the country\u2019s second presidential library\u2014The IBB Presidential Library\u2014during the public presentation of his memoir, A Journey in Service, in Abuja.<\/p>\n<p>The high-profile event, held at the Congress Hall of the Transcorp Hilton, not only unveiled Babangida\u2019s much-anticipated autobiography but also served as a major fundraising drive for the library project, raising an estimated N11.5bn to be redeemed immediately from some of Nigeria\u2019s most prominent business and political figures.<\/p>\n<p>Topping the list of donors was billionaire industrialist and philanthropist Abdul Samad Rabiu, who contributed N5bn \u2014the largest single commitment announced at the event. He was followed by General TY Danjuma (rtd), who pledged N3bn. Both pledges are to be redeemed immediately while Africa\u2019s richest man, Aliko Dangote, donated N2bn at the event to be redeemed this year, with a further pledge to contribute N2bn annually over the next three years, bringing his total to N8bn. Billionaire businessman Prince Arthur Eze also supported the project with N500m.<\/p>\n<p>In his remarks, General Babangida, visibly moved by the generosity of the donors, singled out Abdul Samad Rabiu for special praise, acknowledging his steadfast support from the early days of the project.<\/p>\n<p>Referring to him as his son, General Babangida said that Abdul Samad has been supporting the project from the very beginning. He further said that his commitment and consistency have been critical in bringing this vision closer to reality.<\/p>\n<p>The IBB Presidential Library is designed as a national institution that will serve as a repository of Nigeria\u2019s arts, political,and military history, preserving the evolution of leadership and governance in the country for future generations especially during General Babangida\u2019s tenure. It follows the Olusegun Obasanjo Presidential Library in Abeokuta, which was the first of its kind in Nigeria.<\/p>\n<p>The event was chaired by former President Olusegun Obasanjo, while former Ghanaian President Nana Akufo-Addo delivered a keynote address. It was an afternoon that brought together some of Africa\u2019s most notable statesmen.<\/p>\n<p>Present at the occasion were former Nigerian leaders General Yakubu Gowon, General Abdulsalami Abubakar (accompanied by his wife), former President Goodluck Jonathan, and former Sierra Leonean President Ernest Bai Koroma. President Bola Ahmed Tinubu delivered a compelling speech, emphasizing the importance of documenting Nigeria\u2019s leadership journey and the impact IBB had on him and Nigeria\u2019s history.<\/p>\n<p>Former Vice President Yemi Osinbajo provided a detailed review of Babangida\u2019s book, which offers rare insights into the former leader\u2019s time in power, including the controversial annulment of the June 12, 1993 election.<\/p>\n<p>Former President Muhammadu Buhari and General TY Danjuma were represented by senior aides.<\/p>\n<p>Key Pledges from the Night:<\/p>\n<p>\u2022 Abdul Samad Rabiu \u2013 N5bn<\/p>\n<p>\u2022 General TY Danjuma \u2013 N3bn<\/p>\n<p>\u2022 Aliko Dangote \u2013 N2bn to be redeemed in 2025 (with an additional N2bn pledged annually for three years, totaling N8bn)<\/p>\n<p>\u2022 Prince Arthur Eze \u2013 N500m<\/p>\n<p>\u2022 Senate President Godswill Akpabio \u2013 N50m<\/p>\n<p>\u2022 Deputy Senate President Jibrin Barau \u2013 N20m<\/p>\n<p>\u2022 Mustapha Chike Obi and Fidelity Bank \u2013 N100m and N50m respectively<\/p>\n<p>While the evening showcased philanthropy at its finest, Abdul Samad Rabiu\u2019s leading contribution stood out\u2014not only for its size but for the consistency of his support over time.<\/p>\n<p>The industrialist, known for his low-profile yet transformative philanthropy, has become a driving force in Nigeria\u2019s development landscape. Through his Abdul Samad Rabiu Africa Initiative (ASR Africa), he has committed over $300million to critical sectors such as education, healthcare, and social development across the continent.<\/p>\n<p>Reflecting on his donation, Rabiu said:<\/p>\n<p>\u201cLeadership is not only about the present; it is about the legacy we build and the history we preserve. Supporting this library is an investment in Nigeria\u2019s history and future generations.\u201d<\/p>\n<p>As the fundraising concluded, it was evident that beyond the billions pledged, the evening had cemented Abdul Samad Rabiu\u2019s role not merely as a donor, but as a custodian of Nigeria\u2019s history\u2014a quiet force driving the preservation of the nation\u2019s leadership heritage.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Babangida Commends Abdul Samad Rabiu\u2019s Early and Sustained Commitment to Project Nigeria\u2019s former military president, General Ibrahim Badamasi Babangida (rtd), on Thursday launched the country\u2019s second presidential library\u2014The IBB Presidential Library\u2014during the public presentation of his memoir, A Journey in Service, in Abuja. The high-profile event, held at the Congress Hall of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":152066,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[4222,254,15897],"class_list":["post-152067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-ibb","tag-nigeria","tag-nigerias-second-presidential-library"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IBB Launches Nigeria\u2019s Second Presidential Library, raises N17.5bn - Nigeria<\/title>\n<meta name=\"description\" content=\"Babangida Commends Abdul Samad Rabiu\u2019s Early and Sustained Commitment to Project Nigeria\u2019s former military president, G ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBB Launches Nigeria\u2019s Second Presidential Library, raises N17.5bn\" \/>\n<meta property=\"og:description\" content=\"Babangida Commends Abdul Samad Rabiu\u2019s Early and Sustained Commitment to Project Nigeria\u2019s former military president, G ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-21T07:55:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-22T10:41:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1740116238.559924.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"IBB Launches Nigeria\u2019s Second Presidential Library, raises N17.5bn\",\"datePublished\":\"2025-02-21T07:55:39+00:00\",\"dateModified\":\"2025-02-22T10:41:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn\"},\"wordCount\":710,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1740116238.559924.jpg\",\"keywords\":[\"IBB\",\"Nigeria\",\"Nigeria\u2019s Second Presidential Library\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ibb-launches-nigerias-second-presidential-library-raises-n17-5bn\",\"name\":\"IBB Launches Nigeria\u2019s Second Presidential Library, raises N17.5bn - 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