EBHS Previous College students’ affiliation launches N1billion — Nigeria — The Guardian Nigeria Information – Nigeria and World Information

To lift the usual of their alma mater, Ekiti Baptist Excessive Faculty Previous College students’ Affiliation (Lagos/Ogun area) has launched N1 billion endowment fund for the college.

The affiliation embarked within the endowment fund drive to revive the college to its former glory.

Talking on the launch in Lagos, EBHS Previous College students’ Affiliation President, Mr. Ifeloka Oyebade, stated the endowment fund was important to the college’s development.

He stated: “After taking management of the secondary faculty in 1976, we discovered that the federal government was now not in a position to present for it adequately. Quite a few faculty services, together with the eating corridor, school rooms, and even the laboratories, are presently in poor situation.

“The aim of the endowment fund is to supply the college with a long-term repair for its points. To help the college in returning to its former glory, we will make investments with the assistance of this fund and earn curiosity. We are able to assemble sturdy, high-quality buildings that may successfully help the college’s workers and college students alike.”

Chairman of the planning committee, Dr Biodun Adedipe, stated members of the affiliation are involved over the situation of their alma mater and really feel that it is just proper that they help the college in sustaining its integrity.

He due to this fact known as on pals, household, and different former college students to work with them to make sure the success of the endowment fund.

Talking on the advantages of endowment fund, Adedipe stated: “A number of us are unaware that endowment funds are the most suitable choice. Many universities and companies abroad use them to keep up the energy of their enterprises.

“With these funds, the college will all the time have the ability to help itself with out exterior help.”

One other member, Dr. Christine Funke Adebajo 66–70 stated the launch is being held all through Nigeria, encompassing Abuja, Ekiti, and even these within the diaspora.

She stated the affiliation is engaged on a number of tasks for the college, resembling remodelling and furnishing the library, repairs, together with the laboratory, for the college.