NELFUND MD seeks more support for Igbobi College infrastructure
AI Executive Briefing
Gemini Flash AI~45s readNELFUND Managing Director Akintunde Sawyerr has called on Igbobi College alumni to prioritize infrastructure investment to prevent the deterioration of the school's historic facilities. The call coincides with the school's 91st inter-house sports competition, highlighting the ongoing efforts of the Old Boys' Association to modernize the institution.
Context & Background
- ✦Igbobi College relies on its alumni association for significant support, including infrastructure development, scholarships, and staff accommodation.
- ✦The school maintains a structured governance model involving the owners, the Board of Governors, and the Old Boys' Association to ensure academic and facility standards.
Key Figures & Named Entities
•Akintunde Sawyerr, MD of NELFUND and Igbobi College alumnus, advocated for increased alumni support for infrastructure.•Femi Soremekun, First Vice-President of the Igbobi College Old Boys’ Association, confirmed a N10bn endowment target with N3bn already raised.
Outlook & Next Steps
The Old Boys' Association is currently reviewing the school's master plan to identify specific needs and establish a long-term development program for the college.
Key Takeaways
AI Summary- NELFUND MD Akintunde Sawyerr has urged Igbobi College alumni to increase investment in the school's ageing infrastructure.
- The Igbobi College Old Boys’ Association is currently reviewing a master plan to guide long-term development and facility upgrades.
- The Old Boys’ Association has set an endowment fund target of N10bn, with over N3bn already secured through contributions and commitments.
Key Facts:Over 50 years ago: Akintunde Sawyerr participated as a student and athlete at Igbobi College more than 50 years ago.N10bn target / N3bn secured: The Igbobi College Old Boys’ Association has secured over N3bn toward their N10bn endowment fund target.
Editorial Excerpt
The MD of the Nigeria Education Loan Fund, Akintunde Sawyerr, has called for greater support from old students to improve Igbobi College's infrastructure.
Frequently Asked Questions About This Story
What is the current status of the Igbobi College Old Boys’ Association endowment fund?
The association has set a target of N10bn and has successfully secured more than N3bn through cash contributions and commitments from old students.
How does the Old Boys’ Association participate in the management of Igbobi College?
The association works with the school's owners and participates in its governance through the Board of Governors.
