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CIBN Inaugurates Construction Of LASUSTECH 160 Seater Bankers Hall
L-R: Prof. Olamade Olumuyiwa, Dean College of Applied Social Sciences, Lagos State University of Science and Technology (LASUSTECH); Prof. Olumuyiwa Odusanya, Vice-Chancellor, LASUSTECH; Prof. Pius Olanrewaju, CIBN President; Mr Dele Alabi, First Vice President, CIBN and CIBN Registrar, Mr Akin Morakinyo during presentation of award to CIBN President by LASUSTECH VC on Thursday in Lagos.
Hall
By Grace Alegba
The Chartered Institute of Bankers of Nigeria (CIBN) on Thursday began construction of its 11th Legacy Project, a 160-seater facility, at the Lagos State University of Science and Technology (LASUSTECH), Ikorodu.
The News Agency of Nigeria (NAN) reports that the hybrid groundbreaking ceremony, held at the LASUSTECH Campus, was attended by students, bankers and members of the academia.
Prof. Pius Olanrewaju, President/Chairman of Council, CIBN, in his address, said that construction of the facility demonstrates a strong commitment to developing future banking professionals.
Prof. Pius Olarenwaju, President, Chattered Institute of Bankers of Nigeria (CIBN) leading the groundbreaking ceremony of the CIBN Bankers Hall Legacy Project endowed to the Lagos State University of Science and Technology (LASUSTECH), Ikorodu on Thursday in Lagos.
He said that the 11th Legacy Project, marked by a hybrid groundbreaking ceremony, signifies CIBN’s dedication to bridging the gap between academic theory and practical banking skills.
Olanrewaju said the facility, to be formally known as “The CIBN Bankers Hall,” is for the training of aspiring bankers.
He said that 10 of the legacy projects had already been completed across the nation’s six geopolitical zones, adding that LASUSTECH was chosen as an addition after rigorous consideration.
According to him, the CIBN Bankers Hall is envisioned not merely as a building, but as a dynamic hub for learning, innovation and excellence for students and faculty.
He added that the groundbreaking demonstrated the institute’s commitment to nation-building and partnership with the academia to bridge the gap between theory and practice.
He said that the CIBN Linkage Programme was launched in 1998 and officially began on June 28, 2012, at LASUSTECH to promote professional teaching and learning and enrich the educational experience of students.
“The Linkage Programme has been instrumental in enhancing banking and finance education across Nigerian tertiary institutions.
“As a result of this initiative, 10 successful Legacy Projects have been implemented across the six geopolitical zones of Nigeria.
Olanrewaju called for collaboration toward education and research funding to drive innovation, while explaining his administration’s “LEGACY Agenda” with a special focus on youth development.
He commended the Vice-Chancellor, Prof. Olumuyiwa Odusanya, the principal officers, and all faculty members for the transformation at LASUSTECH.
The vice-chancellor thanked the CIBN for its contribution, while urging other organisations to join in education funding, as the government could not shoulder the responsibility alone.
Odusanya said the project was at no cost to the university, except for the land it donated.
He added that the CIBN Hall project was timely, as it captured two of the six impact initiatives, which included infrastructure and town-and-gown relations.
“This great gift, which we receive with all joy, will be of immense benefit to faculty, students, and the entire university.
I thank the CIBN, and I request you please do more,” he said.
Past Presidents of CIBN in attendance, as well as LASUSTECH top officials, also shared insights on how the project would impact students and young bankers.
Miss Divine James, a 300-level student of the Department of Banking and Finance, who spoke on behalf of her colleagues, also thanked CIBN for the gift.
NAN reports that the university conferred an Award of Excellence on the CIBN President during the opening ceremony.
The CIBN President prayed for the success of the project, to be completed in three months.
He was also joined in the groundbreaking ceremony by the vice-chancellor, who also offered prayers. (NAN)
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