November 29, 2018

Why Makanjuola donated lecture theater to LASU



…Ambode, Babalakin, Oyebode charge others to emulate him

By Oghenefego Obaebor

The need for the private sector to cooperate with the government to develop the country’s education sector was the focus    last week Thursday, when businessman, philanthropist and Chairman, Caverton Offshore Support Group, Mr. Aderemi Makanjuola donated   a 500-seater Ultra- Modern Lecture Theatre to Lagos   State University to commemorate his 70th birthday.



Education no doubt, is the solid rock of any society as it catapults a nation from obscurity to prominence in the comity  of nations.

Against this backdrop, corporate organisations and individuals have been charged to join hands with government to move Nigerian eduation sector to the greater heights. This was  the advice of  the  executive governor of Lagos State, Mr. Akinwunmi Ambode   at the commissioning of the lecture  theatre.

The governor expressed  gratitude to  Makanjuola,  for building such an  edifice and said government needed more of this kind gesture from individuals and corporate organisations to address infrastructural deficits in the education sector.

He noted that while education  is the  bedrock for national development, running a qualitative education system   is capital intensive stressing  that  given the competing demands of   different sectors   of the economy and  scarce resources, government needs support of individuals and corporate organisations to provide infrastructure in public schools.”Whatever we need to do in terms of endowment we need to start thinking about legacies  we want leave for posterity”,he added.

The donor and Chairman, Caverton Offshore Support Group, Mr. Aderemi Makanjuola   said his desire to give back to society especially LASU was borne out of his involvement with the institution having been part of the governing council since late the ’80s. ‘

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‘Education is important and I believe if we have good environment for education, student will excel. I felt that I should do something, because when you help people you are helping yourself.

Again, anything for Lagos should be the best. I attended University of Leicester in the United Kingdom and I felt Lagos, the Center of Excellence, deservers the best that I must give back”, he said.   Makanjuola seized the opportunity   to  thank his childhood guardian, Alhaji Jimoh Gbadamosi   for his support.   His virtues and values, he said,  made him  what he is today. He thanked his wife, Yoyinsola for her support in raising their children. On the building, he said the ”governor did a lot to ensure it was erected.

The crop of lecturers are committed and it helped to complete the building within six months. Let’s us continue to invest in infrastructure” Makanjuola ended his speech by encouraging all to be of help to mankind and be forward-looking.   ”Opportunities are there and that is why we should encourage the younger ones. I remember when we started Caverton, nobody gave us a chance ,but today here we are”, he said.

In his opening prayer, Chief Missioner, Ansar U Deen Society of Nigeria, Sheik Abdulraham commended the business tycoon for his heart of kindness. ”He is a man of means who places posterity above prosperity   by deciding to invest in education and donate a lecture theatre to LASU. This is a selfless service to humanity. I don’t know him to be a politician. He is a man who believes in today and tomorrow by investing in the youth. If we have more people like Aderemi Makanjuola, there is hope for this country. God will continue to enrich him with good health”, he said. In his remarks, Vice-Chancellor, Lagos State University, Prof. Olanrewaju Fagbohun expressed appreciation to the Lagos State Government for giving the university a face-lift. The kind gesture he said boosts the confidence of both students and teachers of the institution and even made the Alumni proud of this beautiful citadel of learning.

The elated Fagbohun described   Makanjuola as a benefactor and hero.”Since the establishment of the institution, it has produced eminent people who have ímpacted socio-political life  and economy of the nation. Government  has changed the narrative by elevating  it from a perceived glorified secondary school to a university of repute.

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His commitment no doubt has opened flood gates of goodwill  from this  unassuming businessman and philanthropist. Today, that 500-seater lecture theatre is standing tall and it has changed the landscape of LASU. The name Remi Makanjuola has now become part of the legacy of LASU”, he said.

Pro-Chancellor and Chairman, Governing Council, Prof. Adebayo Ninalowo extolled the virtues of  the Caverton boss whom he described as  distinguished  and noble. A humble, unassuming and gentle man. ”I respect this man for his simplicity.   His  generousity cuts across the society and I am not surprised that LASU benefitted from him.

This is not the first lecture theatre he will be donating. He donated one in Minna, early this year and another at Summit University in Offa, Kwara State in memory of his late mother. This is the third one. We are indeed grateful”, he said.

Wale Babalakin, Chairman of Bi-Courtney Group in his brief speech also canvassed ”more funds for high institutions”.