YABATECH HOLDS HISTORIC N50 BILLION ENDOWMENT FUND LAUNCHING TODAY

Download Yabatech News Android App

research

YABATECH HOLDS HISTORIC N50 BILLION ENDOWMENT FUND LAUNCHING TODAY

All is now set for Yaba College of Technology, Lagos to hold  its N50 Billion Endowment Fund, today, Thursday, 15th of September, 2022

 

The Nigeria's premier tertiary Institution will be holding the endowment fund  at Eko Hotels and Suits, Victoria Island by 5;00pm prompt, under the chairmanship of Chief Olusegun Obasanjo, GCFR, former president of Nigeria.

 

Rector  of YabaTech , Engr Obafemi Omokungbe had during the unveiling of the endowment fund's logo on 18th of August 2022, said the time was ripe for the college to have an endowment fund which will provide a consistent and permanent funding source to support students, departments, research and programme for generations to come.

 

He said the endowment fund project was conceived out of his administration's desire to address the challenges of infrastructural deficit, obsolete and non-functional equipment confronting the college.

 

Omokungbe called on all well-meaning Nigerians to support the project and partner with the 75 year-old college by investing in the endowment fund described as first of its kind in the history of public higher Institution of learning in the country.