Yabatech Unveils 50 Billion Naira Endowment Fund Logo - EDU-BIZNEWS


Friday, August 19, 2022

Yabatech Unveils 50 Billion Naira Endowment Fund Logo

Yaba College of Technology on Thursday,  18th of August, 2022 unveiled the 50 Billion Naira College Endowment Fund Logo.

The event which took place at the college hall is a prelude to the launching of the endowment fund program coming up on Thursday September  15, 2022 at Eko Hotels and Suits, Victoria Island under the chairmanship of Chief Olusegun Obasanjo, GCFR, former president of Nigeria.

The Rector Yaba College of Technology, Engr Obafemi Omokungbe in his welcome address, said that 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.

"The unveiling of logo is the first phase of the launching of the endowment fund. We want the world to know what we are doing through this platform "

Omokungbe called on all well meaning Nigerians to support the project and partner with the college by investing in the endowment fund.

The special guest of honor, Dr. Taiwo Olayinka Afolabi, the Chairman/Chief Executive Officer (CEO) of SIFAX Group, a multinational conglomerate represented by Group Executive Director, SIFAX Group, Mr Bode Ojeniyi commended the management of Yabatech for making effort to rebirth the 75 yr old premier higher institution in Nigeria via the establishment of the endowment fund program. 

He urged everyone to come on board the development train of the college. 

The event had in attendance principal officers, distinguished guests, Deans of schools, Directors/Heads of Academic and Non-Academic units, staff and friends of the college.

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