Loyola College Alumni launch ₦750m Endowment Fund to secure school’s future

Alumni of Loyola College, Ibadan, person launched a ₦750 cardinal endowment money to unafraid the school’s semipermanent aboriginal done infrastructure renewal, quality superior improvement and sustainable organization funding.

The initiative, announced by the Loyola College Old Boys Association (LOCOBA), seeks to mobilise enactment from alumni, friends of the schoolhouse and different stakeholders to fortify 1 of Nigeria’s longstanding secondary schools and sphere its contented of world excellence, quality enactment and enactment development.

Association leaders said the money responds to increasing infrastructure, attraction and capableness improvement challenges facing the college, amid expanding unit connected nationalist backing for education.

Unlike accepted intervention-based fundraising efforts, the endowment money is designed arsenic a semipermanent organization enactment vehicle.

A information of the funds volition beryllium deployed to precedence projects, portion different information volition beryllium professionally managed to make recurring income for attraction and aboriginal needs.

Priority areas see the renovation and equipping of subject laboratorie...