Emmanuel Kehinde, ilorin
The Foundation, Bayo and Bunmi Babalola Foundatiuon, Engineer Sunday Adebayo Babalola, on Tuesday said 549 pupils, students and others, benefited from this year’s scholarship awards of the foundation.
He explained that they consists of 95 pupils from Junior Secondary School 3; 64 from Senior Secondary School (WASC); 169 students from tertiary institutions and 221 others.
He spoke on Tuesday during the sixth edition of the scholarship ceremony at Omu-Aran, in Irepodun Local Government Area of Kwara State. His speech was read by the Chairman of the Organising Committee of the foundation, who is also a retired principal, Mr. Dele Ajiboye.
According to him, 813 pupils and students had benefited in the scheme’s past five editions of 2015/2016, 2016/2017, 2017/2018, 2018/2019 and 2019/2020.
He also said the NGO had invested about N29.4m, in the 1,362 beneficiaries.
According to him, the investments would assist the beneficiaries access education, which will provide them the springboard for economical well-being, self-reliance so that they will become pillars for societal development.
National President, Omu-Aran Development Association, Major General Yemi Abidoye(rtd) described education as the most valuable asset in life which will make the younger generation true leaders of tomorrow. He lauded Engineer Babalola for his scholarship initiative which, he said, has turned the fortunes of many children who are brilliant but their parents are not capable financially.
He noted that aside from the scholarship scheme, Engineer Babalola also plays active roles in moving the entire community forward. He prayed God to continue to bless him.
The retired military officer advised the students and pupils to emulate their benefactor and shun internet scams and other social vices so that they will be useful for themselves and the society in future.
He also admonished parents and guardians to perform their roles effectively.
Transition Implementation Committee Chairman, Irepodun LGA; Mr. Jide Oyinloye, said government alone cannot fund education.
According to him, it is better to build people than to build houses.
He commended Engineer Sunday and Mrs. Bunmi Babalola for the scholarships and advised the students and pupils to face their studies seriously.
Babalola said, “A total of 1,362 beneficiaries comprising pupils from primary and secondary schools and students from tertiary institutions have benefitted from the scholarship awards of our non-governmental organisation, Bayo and Bunmi Babalola Foundation, since the inception of the scheme.
“N10 million (exclusive of organisation costs and logistics for this event) will be invested in 549 secondary school pupils and tertiary institutions’ students who are beneficiaries of this year’s scholarship of our foundation.
“The beneficiaries comprise 95 pupils from Junior Secondary School 3; 64 from Senior Secondary School (WASC); 169 students from tertiary institutions and 221 others. In the past, the foundation had given scholarships to a total of 813 beneficiaries; comprising 522 pupils from primary and secondary schools and 291 students from tertiary institutions. We are happy with the testimonies we hear from them. We are also grateful to God for them.”
“This non-governmental organisation had spent about N19.4m, comprising N17m directly to the beneficiaries and about N2.4m on logistics in the past editions.
“We increased the award amount to N10 million to compensate for our inability to hold the award in 2020 because of the pandemic. As a result, we have invested about N29.4m in the beneficiaries (excluding logistics).
“A total of N10 million (exclusive of organisation costs and logistics for this event) was doled out to 549 secondary school pupils and tertiary institutions students who are beneficiaries of this year’s scholarship of our foundation. The beneficiaries comprise 95 pupils from Junior Secondary School 3; 64 from Senior Secondary School (WASC); 169 students from tertiary institutions and 221 others.”
He added, “We have made this whopping investment, not because we have all the money but as our willingness to sacrifice and a show of commitment for the educational advancement of the younger generation. We believe in Luke 12:48 that “To whomsoever much is given, of him shall be much required.”
“We believe firmly that every child should have good education as education is the bedrock of societal growth and advancement.
“Education is instrumental to the emergence of outstanding professionals, business tycoons, local government, state, national and world leaders. Without education, the society, alas the world at large, will not only stagnate but retrogress. Crimes, poverty, sickness, insecurity, and total darkness will overwhelm the world without education.”