News

Education: Oyetola Seeks Private Sector Support, Inaugurates Power Plant Donated by Bank to Osun College

Ololade Adeyanju/

Governor Gboyega Oyetola has inaugurated an independent power plant (IPP) donated to the Osun State College of Technology, Esa Oke, by LivingTrust Mortgage Bank Plc.

Speaking during the inauguration at the school campus yesterday, the governor described the project as one of the fruits of his administration’s increasing collaboration with the private sector for infrastructure development and economic growth.

The governor was represented by his Special Adviser on Education, Alhaji Jamiu Olawumi.

“The state government has consistently demonstrated its commitment to educational development and what we are witnessing today is another testament to that commitment. We have also succeeded in attracting a lot of private sector participation in the state’s economy through our encouragement of public-private-partnership,” he further noted.

He commended the bank for its pioneering gesture to the school, while urging other corporate organisations to emulate the example.

The Rector, Dr S.A. Adegoke, explained how he reached out to financial institutions and other corporate organisations to assist the college in developing its infrastructure and LivingTrust Mortgage Bank was one of the first to respond positively.

The bank’s delegation at the ceremony comprises its Managing Director, Mr Adekunle Adewole; Head Strategy & Communications, Bolaji Kolawole; Head,  Banking Operations, Aderanti Adewole and Head E-business, Abimbola Adeyanju.

Adewole described the project, a 10kva Hybrid Power Plant for powering the school’s E-library and part of the Senate Building, as “another evidence of LivingTrust Mortgage Bank’s commitment to touching lives in our host communities”.

0
Editor

Recent Posts

How Russia-Ukraine War is Starving Africa, Driving Up Food Prices in Nigeria, Egypt, Others

Kremlin's new weapons rhetoric fuels fears of World War III escalation. Femi Ashekun/ As Vladimir…

6 hours ago

Shell LiveWIRE Programme Trains 9,000 Niger Delta Youths in Entrepreneurship

Since its inception in 2003, the Shell Petroleum Development Company of Nigeria Limited (SPDC) LiveWIRE…

15 hours ago

Are The Grammys Relevant Outside the United States?

Building Credibility For nearly eight decades, the Grammy Awards have stood as the pinnacle of…

3 days ago

Disputed 5.3bn Shares: Court Adjourns Barbican/FBN Holdings Suit as Ecobank’s Recusal Motion Remains Pending

Justice Ayokunle Faji has adjourned further proceedings in the suit filed by Barbican Capital Limited…

4 days ago

Los Angeles Protects Undocumented Immigrants from Trump’s Deportation Plans with Sanctuary Ordinance

Segun Atanda/ The Los Angeles City Council has approved a sweeping "sanctuary city" ordinance designed…

4 days ago

Trump Could Face Prison After Second Term, Prosecutors Say

Segun Atanda/ New York prosecutors have opposed dismissing President-elect Donald Trump’s conviction for falsifying business…

4 days ago