CBN spends N500m on Lisabi Grammar School0
The Central Bank of Nigeria has expended about N500m on the renovation and infrastructural development of Lisabi Grammar School, Abeokuta, Ogun State, the alma mater of the bank’s Deputy Governor (Operations), Mr. Tunde Lemo.
The infrastructural development currently going on at the school is part of the apex bank’s development policy of intervention in schools.
National President of the Lisabi Grammar School Old Students’ Association who is also the Alakija I of Ikija Orile, Egba, Oba Samusideen Ayorinde, disclosed this during a press conference to herald the school’s week-long 70th anniversary programmes holding from Monday, September 23.
Oba Ayorinde said the N500m project, which included a 200-seater capacity hall, an ultra modern library, laboratory for Physics, Chemistry and Biology; as well as staff quarters and two boreholes were already nearing completion.
The monarch added that the school would also get two buses under the CBN project.
“Currently, there is a massive infrastructural development going on in the school through the courtesy of the CBN’s development policy of intervention in schools. We are very hopeful that this great policy will move the school much higher,” he said.
Ayorinde said the school would during its 70th anniversary give the CBN a corporate award while old students, including Lemo , Pastor Tunde Bakare of the Latter Rain Assembly; and others would be conferred with the Distinguished Old Students awards for their contributions to the development of the school.
He said, “ Members of Lisabi Grammar School Old Students’ Association recognise and appreciate the role the school had played in their lives and therefore happy to maintain very close ties with the school.
“Today, the school is 70 years old, the third of the three oldest schools in Abeokuta . Lisabi Grammar School has over the years produced very many students who can be found all over the world working at very high levels in various professions and organisations.”
Source: The Punch Newspaper Online