Akpata: King’s College Not Sold, Old Boys Only Interested in Restoration
• Says concession will block leakages, ensure sustainable growth •KCOB plans N100bn investment in 117-year-old institution •Association targets visible transformation within three years Emmanuel Addeh in Abuja A member of
Olumide Akpata, from the King’s College Old Boys’ Association (KCOB) and former NBA President, addressed the media about the federal government’s concession of the 117-year-old King’s College, Lagos, to the old boys’ association. Akpata clarified that the school has not been sold, but KCOB is interested in restoring it through a N100 billion investment in infrastructure and learning environments.
The association aims to transform the institution within three years by renovating buildings, improving sports facilities, and providing top-notch learning resources. Akpata highlighted that the old boys’ community has committed the funds, waiting for the formal agreement to commence. He acknowledged concerns from stakeholders, including teachers and parents, but assured that discussions with the Federal Ministry of Education and unions are ongoing.
Akpata also addressed allegations of admission racketeering and excessive fees, stating that the concession is intended to eliminate such leakages and enforce stringent obligations, including inclusivity and affordable fees.
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