The former president offered to rent out the building in his native Ibogun village to the local council.
The 25-room building, with facilities such as water, toilets and a standby generator, will serve as the secretariat of the newly established Coker-Ibogun Local Council Development Area (LCDA).
The chairman of the LCDA, Juwon Gbadebo, revealed the charity to members of the State House of Assembly Committee on Local Government and Chieftaincy Affairs, led by Olusola Sonuga, who were on oversight function to the area.
He said that the former president's act of good faith is a commendable feat that should contribute to boosting development in the state.
Leader of the delegation, Mr. Sonuga, advised the council to make use of the resources that it has been afforded and generate more revenue from it.
The Coker-Ibogun LCDA is part of the 52 councils recently created by state governor, Ibikunle Amosun, as part of his administration's efforts to extend the dividends of democracy to the grassroots.