Lagos Business School Alumni Association Marks 20 Years Of Existence

Lagos Business School Alumni Association-Annual-President-DinnerThe Lagos Business School Alumni Association held its 20th Annual President’s Dinner for the year 2014 at the Eko Hotels and suits in Lagos. 

It was an evening of fun, as members of the association enjoyed themselves and rewarded excellence with family and friends joining them in the celebration.

The President of the Association, Sir Demola Aladekomo, got the event started, with professionals from all walks of life, captains of industries who are products and friends of the prestigious institution in Lagos present.

It was indeed an evening to relax, have fun and also give honour to whom it is due and most importantly real out the achievements of their alumni over the years.

Part of the activity of the president’s dinner was the school alumni awards Given in three categories, with the president’s award featuring first.

For the Distinguished Alumni Award, the former governor of Anambra State, Mr Peter Obi, topped nominees to grab the award.

It wasn’t all talks, as there was full dose entertainment with dance performances to the admiration of all.

That performance was immediately followed by the Ekemini, dance troupe.

The high point of the event was the change of baton in the leadership of the alumni association which has been in existence since 1992 with over 4,750 alumni to support the aims and objectives of the Lagos business school.


LBS Alumni Association Set To Hold 20th President’s Dinner

vlcsnap-2014-05-24-15h00m04s36Ahead of the 20th Annual President’s Dinner of the Lagos Business School Alumni Association (LBSAA) taking place at the Convention Centre of the Eko Hotel and Suites on Saturday, June 7, 2014, starting at 6.00pm with cocktail reception, President of LBSAA, Sir Demola Aladekomo, alongside other members of the executive committee discussed the mission and values of Lagos Business School.

Mr Aladekomo, who noted the significant growth the dinner has made n the past years, added that guest list at the event includes “the who is who in Nigeria”. He further noted that the school has produced “Bank MDs, top government functionaries, governors and Chairmen of publicly listed companies on the Stock Market”.

For the Vice President of the Alumni, Mr Wole Oshin “the track record of the quality of learning process and education” has made it compelling for executives to attend the institution adding that “LBS instils in you integrity, which is critical in the development of any business.

“By the time you go through a programme in LBS, you come out challenged and that has impacted the economy as a whole because we do have a lot of alumni that are in strategic places in the private sector, which indirectly has affected the economy” he said.

The President’s Dinner is the biggest social event of the School and the LBSAA, and one of the biggest black tie events in Nigeria. 1,500 guests are expected at this year’s dinner, up from 1,300 last year.

The dinner will feature awards to distinguished alumni and to distinguished classes of the LBSAA.

FG sets up N100 billion sinking fund for domestic debts

The federal government has established a Sinking Fund of N100 billion from which it will retire federal government bonds and to stem the rising rate of the nation’s domestic debt.

This is in a bid to address the growing concerns on the rise of the nation’s domestic debt which currently stands at N6.35 trillion and about 15.7 per cent of the nation’s Gross Domestic Product (GDP).

The Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-iweala, made this known on Thursday at a lecture she delivered for the 2012 Alumni Day of the Lagos Business School Alumni Association.

The Minister expressed her optimism that the strategies put in place to check the debt profile will yield positive results as she reeled out figures to reflect how the federal government has slowed the growth for borrowing in the last three years with more plans to do that in the 2013 budget.

She insisted that relative progress is being achieved in the real sector of the economy like power, agriculture, ports and oil sector reforms, whilst she admitted that Nigerians want more in quality of their lives.

On the clamour from Nigerians for improved standard of living, the former World Bank Manager, stated affirmatively that “if Nigeria’s macro and micro economic condition is not stable, we will not be able to fix all the problems with other sector.”

She also revealed that the federal government is working on improving mortgage refinancing so as to be able to provide about 200,000 mortgages in the next 5years.