Osun State Governor, Rauf Aregbesola, has appointed the third richest woman of African descent in the world, Folorunso Alakija, as Chancellor of the Osun State University, Osogbo.
The governor, in a statement by his spokesperson, Semiu Okanlawon, said pursuant to the provisions of clause 5(8) of the first schedule to the Osun State University (Establishment) Law, 2006, Mr. Aregbesola is privileged to appointment Mrs. Alakija as the Chancellor of the University.
The appointment, which according to the statement, takes immediate effect will be for a period of five years.