The gesture, according to Osanebi, was in line with the philosophy of his foundation, which was poised to raise leaders and empower the people.
At the occasion, parents and guidance were stunned as the foundation gave out cheques and award letters to sixty 100 Level students from various institutions of higher learning in the country.
Among those that also received cheques yesterday were 40 post-primary school students, who were also given packages of textbooks and other educational materials that are to be delivered to the students in their schools.
Each of the beneficiaries received a cheque of N100, 000 each, while the best two students went home with N150, 000.
The secondary school students were represented in the award ceremony by their principals, who also collected their cheques on their behalf.