The Command Secondary School Lagos Old Students Association (CSSLOSA) has established a $1 billion endowment fund to ensure long-term sustainability, provide scholarships, and support rebuilding efforts.
This announcement was made at the swearing-in of the association’s President, Kayode Ogunsola, in Lagos. The newly elected leadership is expected to serve a two-year tenure.
Ogunsola expressed his commitment to reposition the institution through strategic alumni engagements, infrastructural development, and value-driven leadership.
He emphasised the importance of education, stating, “I believe you grow a nation from the family and from schools. Great countries have great schools.”
Reflecting on Nigeria’s education evolution, he noted that many legacy schools were in deplorable condition after governments took over, but are gradually being revived through alumni intervention.
“The alumni have come of age. They are now taking charge and rebuilding these schools the way they should be. It’s our turn to do the same,” Ogunsola said.
The $1 billion endowment fund is central to his administration’s agenda, aiming for long-term sustainability.
Ogunsola outlined plans to upgrade infrastructure, including hostels and dormitories, expand students’ capacity, build an amphitheatre, and develop an event centre to generate revenue.
He commended the school for shaping his character and leadership style, citing the discipline instilled in them by the system.
To strengthen alumni ties, Ogunsola called for a coordinated approach to pull resources and expertise.
Outgoing President of the association, Taiwo Ayedun, lauded Ogunsola’s dedication and selflessness, citing his proven performance.
Chairman of the Board of Trustees, Air Commodore Babatunde Adekoya (rtd), described the transition as a continuation of the shared legacy.
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