Club awards bursaries to indigent Ibadan, urges resilience amid economic storm

Oluyole Club, Lagos

In its bid to assist Ibadan indigent students, a cultural and non-political group of Ibadan, Oluyole Club, Lagos has awarded bursaries to 10 students of Ibadan origin for their academic session.
The club gave this award at its 2026 yearly lecture and award with the theme; “Riding The Economic and Financial Storms.”

The students were drawn from the University of Lagos (UNILAG), Ladoke Akintola University of Technology, Ogbomosho; Lagos State University, Ojo (LASU); University of Technology, Minna; and University of Ibadan (UI).
President of the club, Oluniyi Fatokun said the club encourages scholarship among the young citizens of Ibadan by awarding initially post graduate scholarship from funds donated by members and now undergraduate bursaries to deserving indigent undergraduates of Ibadan origin in Nigerian Universities.
“We have one of the products of the postgraduate scholarship of the club, now a professor and a member of the club. Others are in other endeavours. The products of the bursary award are also maturing into adults and are all over the place making a living for themselves.”

The club also bestowed meritorious service awards to some outstanding members.
They include the past presidents of the club, distinguished elders and Pro-Chancellor and Chairman of Council, Lead City University, Prof. Jide Owoeye.
A Governing Council and Board of the Chartered Institute of Bankers of Nigeria (CIBN), Pastor, Dr. Bayo Olugbemi in his lecture titled; “Riding the economic and financial storms in Nigeria: Building resilience, preserving wealth and positioning for opportunity,” urged Nigerians to build resilience amid prevailing economic uncertainties, stressing that financial and economic storms are inevitable but surmountable.

Olugbemi said no individual or nation is immune to challenges, noting that global economic pressures continue to impact countries, including Nigeria.
Drawing from biblical teachings, he emphasised that while tribulations are certain, there is always hope and the capacity to overcome adversity. According to him, Nigerians must adopt deliberate, strategic and forward-looking approaches to financial planning.

He advised individuals and business owners to remain disciplined, consistent and diligent, stressing the importance of preparing ahead for downturns rather than reacting when crises occur.
Olugbemi also underscored the role of faith and perseverance in navigating economic turbulence, adding that opportunities often emerge after periods of hardship.

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