Don Clocks 60, Unveils Foundation For Indigent Students

Prof. Mike Adebamowo, Executive Director, University of Lagos Business School (ULBS), on Wednesday unveiled a foundation to support indigent students as he clocked 60.

The don told reporters ) on the sidelines of the ceremony that the foundation was set up to give back to society, especially in the area of education.

He said it was to impact generations of people by supporting their education.

“Today’s occasion is hinged on the grace of God Almighty, the God of all grace, who has preserved my life for these 60 years.

“I have enjoyed this same grace of God in all ramifications of my life, from my childhood to adulthood, through my days in school, from primary through the university and He provided me all resources, such that I had so much scholarship.

“I attended university with ease because of the grace of God. I was in no way a burden to my parents.

“So, in celebrating this 60 years, even though I have been doing this informally all my life, I still want to continue to assist and support the vulnerable, the needy in society.

“I must not forget how God also helped me. I have enjoyed supernatural help with all the lord has done, particularly in the area of marriage too, as my wife has been so supportive and I cannot but thank God for His grace.

“So, when I look at all these, the same grace that I enjoyed, I have also reached out to my friends gathered here today to also connect into that grace and together partner with me to help the less privileged, especially the indigent students in Nigerian universities.

“It was on this note that I thought of establishing this foundation,” the don stated.

He said the foundation would cater for students who are unable to access the tertiary education of their choice as a result of paucity of funds.

He noted that such students would be provided with all the financial backing for them to be able to process their admission and conclude their programmes.

According to him, the foundation will also ensure that the students are closely monitored and mentored.

“That is why our motto is: In Learning and Character. We believe that by mentoring them, we will be able to build their character and build a better society.

“This is because what is going on now in the society, especially among our youth, leaves too much to be desired.

“Therefore, we believe that setting up this foundation will be our little way of giving back and raising a godly generation who are not intellectually bankrupt but morally sound,” he said.

The professor of Architecture noted that the foundation had already set aside N60 million for a start.

He said that it intended to cater for students locally, before going global by seeking support and grants from friends in the diaspora.

Also speaking, Prof. Oluwatoyin Ogundipe, immediate past  Vice Chancellor, the University of Lagos, described the initiative as timely and well thought out.

He said that this was so, considering the current economic situation in the country.

 According to him, of great importance is the deliberate intention to monitor and mentor the beneficiaries.

.He said that this would go a long way in producing young leaders who are focused and well-established.

He appealed to well-meaning individuals, corporate bodies and organisations to support the initiative by donating generously to the cause.

Ogundipe said that a lot more of such foundation would also go a long way in making society a better place for all.

On his part, the Chairman of the Board of Trustees of the foundation Pastor Toks Oshokoya, said it was to give back to society the grace enjoyed by the founder, as a student.

He highlighted the objectives of the foundation to include financial support to indigent students in tertiary institutions across the country..

The chairman said it also involved continuous monitoring and evaluation of the progress of the beneficiaries.

Oshokoya said that interested students would register and establish engagement with the foundation.

“The foundation will make the school fees payment for each beneficiary and the allowances for feeding will be paid into the student’s account.

“A committee will monitor and evaluate the total progress of the beneficiaries yearly.

“This foundation will also celebrate its milestone with lectures developed around education, leadership and social responsibility,” he said.

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