To address the needs of their alma mater and restore its lost glory, Ekiti Baptist High School Old Students’ Association (Lagos/Ogun region), has launched a N1 billion endowment fund for the school.
President of the association, Ifeloka Oyebade, while speaking at the launch, said the fund was essential to the school’s growth.
He lamented that since the government’s takeover in 1976, the school has not been properly funded, leading to deplorable infrastructural facilities.
“Numerous facilities, including the dining hall, classrooms, and even laboratories, are currently in a poor state.
Oyebade said with the fund, all teaching and learning facilities would be provided in a bid to restore the school’s lost glory.
Chairman of the planning committee, Dr Biodun Adedipe, said the association is concerned with the condition of the school, hence, its resolve to contribute its quota by providing the needed funds to address critical learning infrastructure.
He, therefore, called on friends, family, and other former students to work with them to ensure the success of the endowment fund.
Speaking on the benefits of the fund, Adedipe said: “A lot of us are unaware that endowment funds are the best option. Many universities and businesses abroad use them to maintain the strength of their enterprises.
Another member, Dr Christine Adebajo also announced plans by the association to refurbish the library and equip it for effective learning.
