BY REBECCA AJANI
EKITI intellectual roundtable, Ekitipanupo, has initiated an endowment fund in memory of one of its key stakeholders, Chief S. B. Falegan.
In a statement on behalf of the group, Alagba Gabriel Akinyemi, said the endowment fund was being put together for late Falegan, called the ‘Baba Isale’ of the group, considering his unique roles and contributions to the Ekitipanupo initiative.
According to him, members considered options that would run seamlessly, devoid of primordial interest.
Akinyemi said out of many options that were considered, the option of Endowment for Prizes to be instituted in the University of Ado Ekiti, in the name of the late Falegan, for the best graduating student in the field of Banking and Finance, was chosen.
Falegan was reputed to be an icon in this field.
“In taking this option, we are looking at something that will run seamlessly, devoid of primordial interest, and will keep the memory of our Baba Isale for a long time to come and also give Ekitipanupo well-meaning Nigerians,” Akinyemi said.
“We will rely on the guidance of our various eminent and seasoned university administrators on the Ekitipanupo forum for guidance in the establishment of the endowment,” he added.