To lift the usual of their alma mater, the Ekiti Baptist Excessive Faculty Previous College students' Affiliation (Lagos/Ogun Area) has launched a N1 billion endowment fund for the varsity.
The affiliation began a marketing campaign from the donation fund to revive the varsity to its former glory.
Talking on the launch in Lagos, the Chairman of EBHS Previous College students’ Affiliation, Mr. Ifeloka Oyebade, mentioned the endowment fund was important to the expansion of the varsity.
He mentioned: “After we took management of the secondary faculty in 1976, we discovered that the federal government was now not capable of present it adequately. Quite a few faculty services, together with the eating corridor, school rooms and even the laboratories, are at the moment in poor situation.
“The aim of the endowment fund is to offer the varsity with a long-term resolution to its issues. To assist the varsity return to its former glory, we will make investments and earn curiosity utilizing this fund. We are able to construct robust, high-quality buildings that may successfully help each the varsity's workers and college students.”
Chairman of the Planning Committee, Dr. Biodun Adedipe, mentioned members of the affiliation are involved concerning the state of their alma mater and really feel it’s only proper that they help the varsity in sustaining its integrity.
He subsequently referred to as on pals, household and different former college students to work with them to make sure the success of the endowment fund.
Talking about the advantages of an endowment fund, Adedipe mentioned: “Many people aren’t conscious that an endowment fund is the best choice. Many universities and firms overseas use them to keep up the energy of their companies.
“With these funds, the varsity will at all times be capable to help itself with out exterior assist.”
One other member, Dr. Christine Funke Adebajo (66-70), mentioned the launch is going on throughout Nigeria, in Abuja, Ekiti and even within the diaspora.
She mentioned the affiliation is engaged on a number of tasks for the varsity, corresponding to reworking and furnishing the library, and repairs, together with the laboratory, for the varsity.
