The Oluyole Club, Lagos, a cultural and non-political group of Ibadan, has awarded bursaries to 10 students of Ibadan origin for their academic session. The awards were presented at the club's 2026 yearly lecture and award ceremony themed 'Riding The Economic and Financial Storms.'
Beneficiaries and Institutions
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's Remarks
President of the club, Oluniyi Fatokun, stated that the club encourages scholarship among young Ibadan citizens. Initially, the club awarded postgraduate scholarships from funds donated by members, and now it provides 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,' Fatokun said.
Meritorious Service Awards
The club also bestowed meritorious service awards to some outstanding members, including past presidents, distinguished elders, and the Pro-Chancellor and Chairman of Council of Lead City University, Prof. Jide Owoeye.
Lecture on Economic Resilience
A Governing Council and Board member of the Chartered Institute of Bankers of Nigeria (CIBN), Pastor Dr. Bayo Olugbemi, delivered a lecture titled 'Riding the economic and financial storms in Nigeria: Building resilience, preserving wealth and positioning for opportunity.' He urged Nigerians to build resilience amid prevailing economic uncertainties, stressing that financial and economic storms are inevitable but surmountable. Olugbemi noted that no individual or nation is immune to challenges, as global economic pressures continue to impact countries, including Nigeria. Drawing from biblical teachings, he emphasized 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.
