Retired Permanent Secretary of the Lagos State Civil Service, Tunde Fanimokun, has donated 150 hectares of land to Yaba College of Technology to establish a green campus.

According to a statement on Thursday, Fanimokun had pledged to finance the construction of a state-of-the-art entrepreneurship centre at Yabatech, at an estimated cost of N3.5bn.

It noted that the donation marks a significant milestone in the advancement of sustainable development and entrepreneurship in Nigeria.

The institution stated that Fanimokun’s contribution, made in commemoration of his 80th birthday, symbolised his unwavering dedication to fostering innovation and nurturing future leaders.

It added that the donated land, situated at the Apapa/lBadagry axes, would serve as the foundation for a pioneering educational institution focused on environmental sustainability and entrepreneurial excellence.

According to the Yabatech, the entrepreneurship centre will be named the Folawiyo Entrepreneurship Centre, in honour of the legacy of Wahab Folawiyo, a renowned figure in Nigeria’s business community.

Speaking about his philanthropic endeavours, Fanimokun underscored the need for diversification in Nigeria’s economy and expressed his belief in the transformative power of entrepreneurship training and skill acquisition.

According to the school, the Green Campus is expected to run about 22 courses and over 40 other programmes on certification in sustainable development and other areas of developmental needs.

It added that the campus would be purely run on green solutions in all its operations and activities.

According to the former Permanent Secretary of Lagos State Public Service, diversification is the only remaining turning point for the Nigerian economy instead of excessive dependence on revenue from oil and gas as a mono-cultural economy.

He averred, “Entrepreneurship is the key to prosperity, and with entrepreneurship training, skill acquisition and promotion of small and medium enterprises, the sky is the limit for the future of the young ones in our potentially great nation.”

In his remarks, the Rector of Yaba College of Technology, Ibraheem Abdul, said that he was filled with immense pride and optimism for the future of education in Nigeria.

He said, “Today, we witness history again. We celebrate the groundbreaking of a new facility, generously endowed by a true visionary, Chief Tunde Fanimokun. His philosophy of philanthropy, entrepreneurship, and good governance serves as an inspiration to all.”

The rector explained that the proposed Folawiyo Entrepreneurship Centre will be more than just an academic building.

He added that it would be a vibrant hub, symbolising a commitment to excellence, progress, and nurturing future generations of successful entrepreneurs, who will contribute to the country’s development.

FreeStuffsNG:


https://punchng.com/yabatech-gets-n3-5bn-entrepreneurship-centre/#google_vignette

FreeStuffsNG:
“Entrepreneurship is the key to prosperity, and with entrepreneurship training, skill acquisition and promotion of small and medium enterprises, the sky is the limit for the future of the young ones in our potentially great nation.”


I have been at a book launch that held at the University of Lagos, Department of Mass Communications, some years ago, Chief was there with some of his juniors at MBHS, Lagos, Old Boys Association. Chief Fanimokun didn't only donate a huge sum to support the book launch and the author, he also gave each person in attendance a copy of his own book he authored. He is deeply intellectually oriented and loves books.

These are the little seen silent Billionaires Baba Isales in the South West, they will do everything possible to ensure that the Yoruba continue to maintain the centuries of headstart edge we Yoruba have in education, culture, technology and entrepreneurship.

To crown it, he is spending all this to name, not in his own name but after a departed Egbon,bossom friend and his mentor, Chief Folawiyo of blessed memory. Chief Fanimokun is an exceptional leader and I am very proud of the legacies he is leaving behind. We pray for more years of great health, prosperity and joy in your life sir.
Happy birthday to you sir. Congrats Yabatech.
Chief, please remember University of Lagos (UNILAG) too o sir
May God bless you, Lagos state and the Federal Republic of Nigeria. Check my signature for free stuffs!

MasterTeeUSA:
How did a Permanent Secretary amass so much land and wealth?

oluwaseyi0:
Nice one from him

But how did a retired civil servant get 3.5billi

FreeStuffsNG:


Indomie generation will not know him. You should read up about him He is not your generation of civil servants. He is in the generation of civil servants who worked with the Late Alhaji Lateef Kayode Jakande of 1979 to 1983. I am sure the indomie generation don't even know Baba LKJ Jakande Baba Kekere

It's like asking how Pa Oba Otudeko who was a Bank Manager in 1983 now today the majority shareholder of First Bank Plc. If you stole money entrepreneurial, you would have lost all. That's why he's pushing knowledge.

MasterTeeUSA:

MasterTeeUSA:
- 150 hectares in Lagos is still a lot lot lot of land...I am curious if he was allocated some during his Permanent Secretary years.....Lagos is a small state.

“I was for 16 years in the service of the Lagos State government and rose to the position of a permanent secretary and served in various ministries and offices during the tenure of Alhaji Lateef Jakande. People can bear witness to what the administration achieved in a little over four years.

” When the military came in 1984, and they started the probe of the administration and were after some people they felt were close to Baba Jakande, I left at the age of 40 and Baba Folawiyo took me as a director. What I learned from him as an entrepreneur, cannot be quantified. With the virtue of selflessness gained from Baba Jakande and the spirit of philanthropy from Baba Folawiyo, I applied myself to the task that I didn’t know that Chief Folawiyo wrote in his will that they should make me a director in his company for life,” he said.

FreeStuffsNG:

Now you get my point when I stated that the cue was in that Punch report. Apart from his love for knowledge, he was brilliant, diligent, upright, generous and had a great mentor in late Chief Folawiyo who held him by the hand and mentored him. You may please read up about Baba Folawiyo too. Nice one by you. Thank you for sharing.

MuslimIgbo:
UNILAG needs it more than Yabatech
UNILAG is tooooooooo choked up!
The population of Unilag student is massive compares to the facility and space they have.


Misplaced priority!

MuslimIgbo:
UNILAG needs it more than Yabatech
UNILAG is tooooooooo choked up!
The population of Unilag student is massive compares to the facility and space they have.


Misplaced priority!

Konquest:

True that.

He rightly stated the influence of Yinka Folawiyo there in his success financial story.

Chief Abdulwahab Yinka Folawiyo was a real international business mogul that I respected with several divisions in his company group with strong tentakles in shipping, to agribusiness, to crude oil and gas exploration in the Dahomey Basin offshore Badagry and Ibeju-Lekki, real estate development, etc, right from the 1970s till he passed on.

I remember that Folawiyo Petroleum even struck crude oil and gas in Lagos State back in the late 1990s in Ibeju-Lekki, Badagry LGA, and offshore Badagry. The Ibeju-Lekki area has some oil and gas but Folawiyo capped it for future exploration. The offshore Badagry oil and gas is what they are concentrating on as we speak.