Yoruba elite shop for N50bn to rescue education http://www.punchng.com/Articl.aspx?theartic=Art200903192391082
By Segun Olugbile
Published: Thursday, 19 Mar 2009
Some Yoruba elite, under the aegis of the Yoruba Education Trust Fund, have raised the alarm that the South-West geo-political zone is becoming educationally disadvantaged.

To this end, YETFUND’s Chairman, Dr. Ola Vincent, said that the group was shopping for N50bn to rescue the decadent education sector in the zone.

Vincent, a former Governor of the Central Bank of Nigeria, disclosed this while briefing journalists about the activities of the fund in Lagos on Wednesday.

He noted that the rot in the sector was the result of the truncation of the free education programme initiated by the late sage, Chief Obafemi Awolowo, by the military in 1983.

“Gradually and progressively, Yoruba people are becoming educationally disadvantaged. In order to escape the rot, those with means send their children to the United States of America and Europe and those with little means send their children to Ghana,” he said.

He added that the money raised would form the seed money for an endowment fund that would be professionally managed to guarantee the sustainability of the project.

Vincent was accompanied to the press conference by other members of the fund, including the former Vice-Chancellor, Obafemi Awolowo University, Ile-Ife, Osun State, Prof. Wale Omole; Prof. Babatunde Fetuga; the founder, Oodua People’s Congress, Dr. Frederick Fasheun; Dr. Tunji Otegbeye; Erelu Abiola Dosumu; Bashorun J.K. Randle and Senator Olabiyi Durojaiye.

JJYOU:

50bn? educationg sikira, kayode and kunle

Xavier.:

They should talk to

OBJ
Alao Akala
Fani Kayode
OGD
Iyabo Obasanjo
etc

Getting the fund shdnt be too difficult

asha 80:

Lucabrasi are you attacking me or the post

The Yoruba tribe is fast becoming an 'Elitist' Tribe.The rich are getting richer, the poor are getting pooorer and getting more and more subjugated and relegated. Resources meant for the whole society are being consumed by a few individuals. Children are dropping out of schools in hundreds daily for want of fund. The few rich elite send their children to foreign private schools.

Great idea, but I am not sure Awolowo would have been for the YORUBA ONLY angle of it all. I mean come on, are the yoruba elite really this tribalistic in their reasoning on the state of education in that country? I wonder who these elites really are.

yoruba elite has finally taken their master trade 419 home. they want to rob unsuspecting public and line their pockets. is it today they realied that yoruba is last in education among the 3 major tribes in nigeria but they will be the 1st to claim they top in education. claiming something does not mean its true. at least you guys are telling each other the truth about yaself.