Business

LivingTrust Mortgage Bank Lifts Osun School with N1M, Bursary Awards

Editor/

Leading mortgage lender, LivingTrust Mortgage Bank Plc, has donated N1million to support infrastructure development in Olutimehin Grammar School, Osogbo, Osun State.

The bank, in addition, offered one year bursary to the best students in science, arts and commercial subjects in the government-owned school.

The symbiolic cheque presentation ceremony was held on Wednesday in the school premises.

According to a statement signed by Mr. Adekunle Adewole, Managing Director of LivingTrust Mortgage Bank, the presentation was made by the bank’s Chairman, Alhaji Adebayo Jimoh.

According to him, others in attendance include, Senator Ajibola Bashiru, representing Osun Central Senatorial District; Hon. Olalekan Badmus, Osun State Commissioner for Regional Integration and Special Duties; Hon. Taofeek Badmus, Member, Osun State House of Assembly; Alhaja Bolanle Jimoh, Chairperson Osogbo South local council development area; Mr. Theophilus Adeyemo, Local Inspector of Education; and Alhaji Shehu Shittu, the school principal.

Adewole said the gesture was in furtherance of the bank’s well thought out corporate social interventions, which has seen it support the development of key social and educational infrastructures in different parts of Osun State.

He said the bank, which is headquartered in Osogbo, had in the recent past supported the construction of an independent power plant in Osun State College of Technology, Esa Oke.

He described the current gesture as a demonstration of the bank’s commitment to supporting the state government in developing critical infrastructure in public schools, adding that other public institutions are billed to benefit from similar gestures.

He said the bursary award was also meant to encourage students in public schools to strive for excellence.

“Ultimately, our priority is to keep finding creative ways to give back to the society, the people and our customers, who have continued to contribute to the meteoric growth recorded by LivingTrust Mortgage Bank. And we do this by identifying gaps in public infrastructure development and devising sustainable ways to assist the government in filling such gaps,” Adewole added.

0
Editor

Recent Posts

UBA Group Reports Stellar H1 2024 Performance Amid Global Challenges, Posts ₦401.6 Billion Profit Before Tax

...Delivers Impressive Growth with 37% Asset Surge and 34% Deposit Increase Segun Atanda/ UBA Group…

30 mins ago

Adeboye Apologises for Controversial Remark on Tithing, Recants Statement on Heaven

Femi Ashekun Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God…

22 hours ago

Lagos Police Clarifies Arrest of Nine at Ojota: “Not Protesters, But Troublemakers,” Says CP Ishola

Matilda Omonaiye/ The Police in Lagos have dispelled reports circulating that protesters were arrested at…

2 days ago

It’s Illegal for VIOs to Impound Vehicles, Impose Fines on Motorists, Court Rules

Pat Stevens/ A Federal High Court sitting in Abuja has prohibited the Directorate of Road…

2 days ago

Video: Ounje Eko Beneficiaries Appreciate Gov. Sanwo-Olu

Beneficiaries of the Ounje Eko outreach in Lagos have expressed appreciation for the ongoing efforts…

3 days ago

How Young Welder was Electrocuted During Lagos Island Plaza Renovation – Police

Matilda Omonaiye/ The police in Lagos have given details of how a young man was…

3 days ago