Chairman of the Governing Council, Prince Fagbemi said that the essence of the endowment was to position YabaTech as one of the topmost and most reputable institutions within and outside Nigeria that consistently deliver on their mandate of providing sound and quality technological education.
“We are hopeful that with the launch of the Endowment Fund, Yaba College of Technology will be able to access more resources to make our dream for the college, come true”, he added.
Fagbemi expressed confidence in the leadership of the Endowment Fund’s Board of Trustees, Dr. J.k Naiyeju, a former Accountant General of Federation, in providing a solid foundation for the growth of the endowment fund.
Rector of the college, Engr. Obafemi Omokungbe had earlier explained that the endowment was initiated to complement the Federal Government in funding the Institution saying “the College is replete with decayed and inadequate infrastructure, growth beyond the existing facilities particularly space constraint for expansion and provision of staff offices, classrooms, workshops, and laboratories as well as students and other academic activities”.
He lamented that the development of the college’s second campus at Epe to solve the problem of space in the main campus was hampered by inadequate and sometimes lack of funds.
Ondo State Governor Rotimi Akeredolu represented by Special Assistant on Education, Dr. Wunmi Olawoyi, described the endowment as a welcome development, saying the present administration of Buhari is committed to the growth of technology-driven education, promising to support the institution.
Chairman of BOT, Dr. J.K Naiyeju called on Nigerians and corporate organizations to sustain their support for the endowment fund, to enable YabaTech to consolidate on the leading position in terms of providing quality technology education in the country.
EDU-BIZ NEWS
