Yabatech unveils N50bn endowment fund logo


Yaba College of Technology (YABATECH), has unveiled a N50 billion Endowment fund logo.

The unveiling of the logo which was held on Thursday in the YABATECH Hall, Lagos, is the first phase of the launching of the Endowment Fund which will hold on the 15th of September.

Giving his welcome address at the unveiling ceremony, the Rector of YABATECH, Obafemi Omokungbe, said the Endowment Fund was conceived out of the desire to address the challenges of infrastructural deficit, obsolete and non-functional equipment confronting the college.

He explained that the institution having served the nation for 75 years is suffering infrastructural decay, hence the need for the  endowment fund which will serve as a consistent and permanent source of funding for the Institution.

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