Nigeria, Aug. 22 -- The newly-released memoir of billionaire businessman and philanthropist, Femi Otedola, has shed light on the businessman's commitment to charity.

In the 286-page book, Making It Big, the chairman of Geregu Power Plc and FirstHoldCo Plc reflects on how academic struggles pushed him into business, where he built his fortune, and how his parents instilled in him the culture of giving.

Mr Otedola credits his parents with nurturing his philanthropic spirit. "My mum passed on the spirit of charity to me. My father, too, was kindness and generosity personified. His magnanimity is remembered far and wide," he wrote.

He recalled how his late father, Michael Otedola, established a scholarship scheme for indigent students-an i...