Family immortalises Omotola with N5m endowment fund
Seventeen years after the passing of the former vice chancellor of the University of Lagos (UNILAG), Prof Jelili Omotola (SAN), the family has announced a 10-year five million endowment in his name with prizes for outstanding students in the Department of Private and Property Law, University of Lagos, where he taught during his lifetime.
According to the late VC’s family, the endowment includes N150, 000 cash prize for Best Student (Year 4) in Land Law, N150, 000 for Best Student (Final Year) in Conveyance Law, N150, 000 and N200, 000 for Best Student (LLM) in Secured Credit Transaction Law.
The late Omotola was vice chancellor of the institution between 1995 and 2000, and was the first and only lawyer in the university’s 60-year history to become its VC.
He spent 29 active years teaching Land Law, Conveyancing and Secured Credit transactions and was two-time Dean of the Faculty of Law.
Speaking on the development, his son, Adetunji said the endowment is for prizes in three Law subjects at the undergraduate and postgraduate levels for a period of 10 years.
The university management in an acknowledgment letter by the Acting Director, Seth Adebisi Dare, lauded the family for the gesture.
“On behalf of the Governing Council, Senate, staff and students of the university, I would like to express our heartfelt gratitude for your decision to donate N5million for prizes for best students in the Department of Private and Property Law. This gesture will go a long way not only in immortalising our former vice chancellor, but will equally promote healthy academic competition and excellence,” Dare stated.