Afe Babalola Rewards Outstanding Students With N476.8m
The Founder of the Afe Babalola University, Ado Ekiti (ABUAD), Chief Afe Babalola (SAN), said he has spent a total of N476.8million as financial rewards to brilliant students in seven years.
Head, Corporate Affairs of the university, Mr. Tunde Olofintila, who disclosed this yesterday in a statement made available to newsmen in Ado Ekiti, quoting Babalola as saying this while addressing the institution’s Senate at a special session.
The amount, according to the legal icon, was the total accumulation of what he spent so far to encourage scholarship, just as he announced a five per cent increase on salary of lecturers.
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