Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,148,715 members, 7,802,162 topics. Date: Friday, 19 April 2024 at 10:09 AM

Chief Awolowo Requesting For An Education Loan From Chief Odutola. - Career - Nairaland

Nairaland Forum / Nairaland / General / Career / Chief Awolowo Requesting For An Education Loan From Chief Odutola. (1571 Views)

Dolapo Badmus Becomes Chief Superintendent Of Police / Dolapo Badmus Promoted To The Rank Of Chief Superintendent Of Police (pics) / How Much Does An Education Officer Of Grade 8/2 Earn (2) (3) (4)

(1) (Reply) (Go Down)

Chief Awolowo Requesting For An Education Loan From Chief Odutola. by profola2be(m): 2:27am On Feb 25, 2016
Dear Mr. Odutola,

I think it will be an exceeding saving of time and more business-like if I avoid all sweet preliminaries and go straight into the object of this letter and say that I am writing to ask you to be good enough to lend me a sum of £1,400 (One thousand and four hundred pounds) free of interest for twelve years.

It is a staggering figure! More staggering indeed does it become, when it is realized that I, who am asking for this loan, have nothing in all the world to give as a security for this money, excepting my good faith and my brains which again are of value only so long as I continue to breathe the breath of life!

Nevertheless, I here proceed to outline in brief why i want this big loan from you. And I hope you will be kind enough to sacrifice some time to go through what I have to say, even though, in the end you might find yourself unable to do me this grand favour.

One great ambition of mine since my boyhood days is to be a lawyer, a politician and a journalist, rolled into one. I cherish politics and journalism as a career, and I desire advocacy as a means of livelihood. For you will agree with me that a politician or journalist who has no money with which to support himself and family comfortably, is like a blade which has no razor.

Now, at one time, I was on the verge of making enough money with which I could proceed to England in order to pursue the object of my ambition; but I suffered a twist in my fortune, and I crashed. Ever since, I have tried without success to recover lost grounds, financially. But spiritually and intellectually, I have made appreciable advance in spite of towering difficulties, all of which have now been surmounted.

As you are aware, I have just passed the intermediate Bachelor of Commerce Examination. Next year, I am taking the final B.Com. Having a degree is not my goal; I hate to be a government or mercantile employee. Otherwise, there are opportunities for me here and there to get a suitable and well paid job under government or one of the mercantile houses. As you know, however, once I become an employee of government or a mercantile establishment that is the end to my career as a politician and journalist. I have therefore resolved that under no circumstances will I take up such employment.

That is just by the way. I am now thirty-four years of age. After careful thought, I have come to the conclusion that if I could raise a loan free of interest sufficient to cover expenses, I should go to England, this year and within three years, I should qualify as a Barrister –at –law, and also obtain with Honours the LL.B Degree of London University. In addition this degrees apart from giving me good backing as a solicitor and Advocate will help me immensely as a politician and journalist.

But where on earth could i get the money? Who in Nigeria today could give £1,400 free of interest to help his fellow-man? J. Henry Doherty, Esq., of illustrious memory who did the like to many successful Nigerians is no more. But after meticulous, shifting and weighing, I hit upon you.

I have no doubt whatsoever in my mind that out of the bounty with which providence blesses your grit and efforts as a businessman, you can well easily afford to advance such a sum of money. I have no doubt too that as a young and progressive man you will be quite happy to give the money for the pursuit of the project for which I desire it.

But then, could you take this risk?

That is the question. As I have said before, I have no security for this loan. Moreover, I want it free of interest. So that you stand to gain absolutely NOTHING in the whole transaction, except the satisfaction that by helping me to achieve my ambition you are indirectly or even directly helping Nigeria or even Africa.

This risk becomes greater when it is borne in mind that I might die in the course of my studies or immediately after, so that, since I have no security or surety, you stand the chance of losing not only the money but also the satisfaction which you may cherish that you are contributing to the uplift of Africa. It is indeed a great risk; the greatest any man ever embarks upon.

But, this is a big BUT, if I live, as I have no doubt I will do, you will not only get your money back in full, but you will, to the end of your days, have cause to rejoice that you have done one of the most outstanding and most philanthropic acts any human being ever does. Among other things, I shall make excellent use of the money while in England by breaking records in my examination. On my return to Nigeria, I shall strive to be one of the foremost advocates, politicians and writers in West Africa, and while I do all these, I shall make it a point not only to pay your money back in full, but also to repay your kindness and generosity towards me in every way I can.

All the same, it is a big risk! So, Sir, I like you to think seriously about it, and see if you can take it in the interest of a young man who has brain, industry and determination to back his ambition, but lacks the money. I know we have never been close friends, but I have a shrewd idea that you may take the risk and help me.

On this assumption, therefore, I proceed to the next and last stage of this letter.

I shall not require the whole £1,400 in a lump sum. To start with, you will help me pay a sum of £208-13s-3d to the Inner Temple. I have already received an application form from this Inn of Court; and from the details forwarded, I gather that the sum of £208-13s-3d will cover all the cost of training as a barrister, examination fees excluded.

When I am ready to sail, you will advance me a sum of £100 to cover passage, provision for my family and any other incidental expenses (NOTE: If I got torpedoed on the way, you would certainly lose this £100 but you will recover the £208-13s-3d).

At the same time you will remit to a London Bank the sum of £491-6s-9d. It is out of this amount that I shall pay the university fees for LL.B course and for special courses in political science and journalism, when I land in England. This is to say, the initial advance will total £800.

At the end of the first year, provided I make satisfactory progress in my studies, you will give instruction to the bank to honour all cheques from me drawn on this account. There will be an arrangement to be signed by me on my return.

On my return, I shall require TWO years within which to establish a solid practice and build a good reputation. After these two years, I should commence to pay at least £200 per annum either in monthly, quarterly or annual payments. So that in seven years after the first two years, I should pay back the whole sum of £1,400. That will be TWELVE YEARS from the time you help me to pay this in April or so this year, then I should be due to pay the whole of £1,400 by April 1955.

Now, as you yourself will see, this is the farthest limit within which I can pay the money. It may be possible for me to pay the money within THREE to FIVE years of my return. As a matter of fact, the sooner I pay it off, the better. But it is much better to be on the safe side in a matter like this. It is no making promises now which will be difficult to fulfil in future. On the contrary it is better to mention a period of twelve years and pay within SIX or EIGHT years than to mention FIVE YEARS and fail to pay within TEN years. Personally, I prefer that I should fail to get the loan under theses unattractive but sure conditions, rather than succeed in getting it under attractive but precarious conditions.

Now, this is all I have to say. You have my request before you, and the reason why i make the request. It is left for you to decide whether it is worthwhile to take the risk of helping me in the manner outlined above or not.

If you do me the great favour, not only myself and all that are mine, but also God and Africa will be grateful, I shall have no cause whatsoever to grumble or to blame you, FOR THE RISK IS GREAT.

Since this is a very selfish request, I enclosed herewith a self addressed stamped envelope to be sent under a registered post.

Obafemi Awolowo.

Re: Chief Awolowo Requesting For An Education Loan From Chief Odutola. by profola2be(m): 2:28am On Feb 25, 2016
Chief Jeremiah Oyeniyi Obafemi Awolowo’s exemplary leadership refused to depart our memories even as we witness series of serial mediocres occupying leadership positions in our 55 year old nation. The problem as often enunciated by some of us is utterly not corruption, but incompetency and lack of ideological orientation.

This Article tends to remind us about one man, who was so determined from the beginning of his life on what he wants to do and how he wants to do it. I find it very significant today in our political economy that our generation (the abused generation), which was failed by the outgoing generation should learn from such exemplary clues.

What is more, I have read this letter over and over, my conclusion is that, being focus is the world’s greatest asset. Awo made a loan request of £1,400 from Chief Timothy Adeola Odutola on March 25, 1943, (the richest Ijebu man in those days) and promised to pay back by 1955.

Chief Odutola refused him of the Loan, Awo could not travel that year. He buckled up his lace and by August 14, 1944 (one year later) he travelled to England, became a Barrister at law and was called to the Bar in November 1946. Amazingly, by 1954 (A year to the time he promised to pay Chief Odutola the Loan), Chief Awolowo was already a Premier in the defunct Western Region and already giving out Scholarship to over 200 undergraduates (First of its kind in Africa).
Re: Chief Awolowo Requesting For An Education Loan From Chief Odutola. by enigstil(m): 3:09am On Feb 25, 2016
Unbelievable. O. P nice one. I see where the kind gesture of giving free education stemmed from. A true African hero. How many of us this day has this kind of determination. From the onset baba knew what he wanted and stuck to his guns. One of Africa's greatest legend.

2 Likes

Re: Chief Awolowo Requesting For An Education Loan From Chief Odutola. by enigstil(m): 3:11am On Feb 25, 2016
It is stuffs like this that should make front page to serve as a source of inspiration for the upcoming generation, not we been shown celebrities and their flamboyant lifestyle. How many lives have they influenced positively.

1 Like

Re: Chief Awolowo Requesting For An Education Loan From Chief Odutola. by Audinowing(m): 3:33am On Feb 25, 2016
This is an amazing revelation. Though Awo is dead but his manhood lives on...In PEG's voice

1 Like

(1) (Reply)

Med Lab Or Applied Biology??? / Build A Solid Career In The Real Estate Industry With This Juicy Offer / Advice Needed As A Pharmacist To Relocate

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 32
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.