UI Receives Twenty Million Naira Cheque From Providus Bank

By: Femi-Adeniyi Joshua

The Deputy Managing Director of Providus Bank, Mr. Kingsley Aigbokhaevbo, has appreciated certain virtues like integrity, diligence, and discipline which his experience as a former student afforded him.

Mr. Kingsley Aigbokhaevbo, currently the Deputy Managing Director of Providus Bank, obtained a Bachelor of Science degree in Agricultural Economics from the University of Ibadan in 1988.

Mr. Aigbokhaevbo who recounted that he came from a humble background, where virtues were taught, noted that he had to rely on them to survive during his period in the University.

Mr. Aigbokhaevbo who made the remark during his investiture as a UI@75 Ambassador in Ibadan, recalled that he was highly committed to his studies, learnt to survive and to build relationships, as well as to not indulge in vices.

In appreciation to the University, Mr. Aigbokhaevbo presented a symbolic cheque of Twenty Million Naira to the University on behalf of Providus Bank and promised to make an extra personal donation of Ten Million Naira.

The Vice-Chancellor, Professor Kayode Adebowale, responded to Mr. Aigbokhaevbo, restating that the University Management had identified his outstanding virtues prompting his decoration as an Ambassador of the University.

Professor Adebowale said “federal Universities are currently facing challenges of underfunding and UI is leveraging its alumni, friends, and other well wishers to generate extra funds to achieve its core mandates of teaching, research and community service”.

The Chairman of the UI@75 Anniversary Committee and Deputy Vice-Chancellor Administration, Professor Peter Olapegba in his intervention listed thematic areas of need of the University.

He said it was the ambition of the present Vice-Chancellor to raise a sum of $200 Million to execute projects that would lift the University higher.

He said such projects include the upscaling of the University Endowment Fund, scholarships for students, improvement of infrastructure, provision of alternative clean energy, transformation of research innovations for national development and provision of funds for staff mobility and development.

The Registrar of the University, Mr Ganiyu O. Saliu decorated Mr Aigbokhaevbo with the Ambassadorial sash, as well as presented him with a plaque.

Credit – UI Directorate of Public Communication

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