IPERU REMO EDUCATION TRUST SCHEME MANAGEMENT BOARD LAUNCHES ENDOWMENT FUND, TARGETS N100M REVENUE IN 2025
By: Temitope OYEKAN
The Iperu Remo Education Trust Scheme Management Board has launched an endowment fund just as it sets a revenue target of one hundred million naira for the coming year 2025.
Making this known is the Chairman of the board, Mofopefoluwa JOSEPH, FRM, in his address during the Christmas Service held at St. James’ Anglican Church, Iperu Remo, on 25th December, 2024.
The Chairman, who alongside some members of the board were in the church in continuation of its advocacy visits and sensitization campaigns to religious leaders and parishioners, highlighted the board’s achievement since inception in November 2023 uptill the outgoing year 2024.
The board according to the chairman was constituted by the Iperu Development Association and inaugurated by the Alaperu of Iperu, His Royal Highness, Oba Adeleke Adelekan IDOWU-BASIBO (Odoru V), FIEX, FICMC, and has been working in collaboration with the government, schools authorities, religious organizations, and other informal training institutions.
JOSEPH appealed to everyone present at the service to support the board in its goal of eradicating poverty in Iperu through education, thereby creating a peaceful, progressive, and prosperous community.
He said the scheme through its activities is poised to liberate the minds of more people; empower them for financial freedom; reduce their dependency on others; and above all, let light shine over darkness in their lives.
The board realised #30 million as income and spent #20 in the outgoing year 2024, leaving a balance of #10 million in its account. He further said that the board intends to generate #100 million in the coming year 2025 while it plans to spend the sum of #60 million and set aside #40 million as Endowment Fund.
While describing education as the only deliverance that can take people out of ignorance, Mofopefoluwa listed some achievements recorded by the board including sensitization to stakeholders in Iperu; intervention in emergency situations and building of toilets in some schools, scholarships and grants to some indigent students, training on solar and inverter technology, distribution of free exercise books to students; campaign against drug abuse to students and parents; and excursion for teachers and students to Lagos.
In the coming year, the board according to the Chairman shall work to increase student enrolment and reduce the number of out-of-school children; lower illiteracy rate through advocacy and enlightenment; create a conducive teaching and learning environment; work towards higher education potential; and organise workshops for teachers on modern teaching methods.
Also, the board intend to reduce examination malpractices, indiscipline and immorality among students; provide a-meal-a-day to some identified indigent students; continue with the excursion for teachers and students; as well as the scholarship and grants for deserving indigent students.
While calling on all members of the congregation to support the board through their pledges and donations, he prayed that God would always meet their needs according to His riches in glory.
Mofopefoluwa JOSEPH gave thanks to God, who has been faithful to him since he ventured into the selfless initiative since 1980.
“I have been involved in similar initiative since 1980, without any intention for political gain, and God has been faithful. You don’t need to have so much before you can be of assistance, as there is room for volunteers”, said JOSEPH.
He appreciated the vicar of the church, Ven. Shadrach Olaniyi AJILEYE and the Aro of Iperu, Oloye Jide SOSAN, for facilitating his visit and welcoming him and his team to the church
Mr. Muyiwa OSILARU, Secretary; Mrs. Kehinde ANIFOWOSE; and Pastor Moses AKINBOWALE; both members of the board accompanied the chairman on the visit.
In his address at the Christmas Service, the Governor of Ogun State, Prince Dapo ABIODUN, CON, thanked Mofopefoluwa JOSEPH for his transparency in the presentation of the accounts of the board’s activities
He commended him and the entire board members for prioritising education, as he corroborates JOSEPH’s assertion that education is indeed a deliverance, describing it as something that delivers people from illiteracy
“If education is expensive, try ignorance, it is only education that could equalise everyone, where you see the children of the abject poor dining with kings, because they have the power of education”, said Gov. ABIODUN.
The governor pledged to personally support the board in further realisation of its set objectives.
The board’s sensitization campaigns and advocacy visits to religious leaders and organisations continues on friday, 3rd January, 2025, as the Chairman will be addressing the Muslim community at the Jumat service holding at Iperu Central Mosque, Iperu. Likewise, the Chairman of the Board along with his team will visit St. John Catholic Church Iperu on Sunday 5th January, 2025.
