Company Donates Over 2million Naira to UI, Declares Other Goodwill Packages 


Liozo Farms and Foods, a company owned by Mr. Steve Olasoji Zion, an alumnus of the Department of Psychology, University of Ibadan donated two million and sixty four thousand naira to the university for the construction of a souvenir arcade for the office of alumni relations.

Professor Kayode O. Adebowale, the Vice-Chancellor of the University of Ibadan, at the reception of the donation reiterated the importance of federal universities to deepen relationships with the alumni, friends and other benefactors in order to develop a sustainable funding model for the university emphasising that economic realities have shown that the federal government cannot solely maintain the universities.

Ms. Sheila Akpaso, the Business Executive of Liozo Farms and Foods noted at the presentation that the donation was part of the company’s corporate social responsibility initiative to the University of Ibadan.

Ms. Akpaso asserted that the organization is an indigenous group of companies focused on creating products and solutions that make people’s lives better in the immediate communities. “The mission goes beyond just business” she emphasized that the company is deeply committed to the principles of sustainability and various community engagement in alignment with the Sustainability Development Goals (SDGs).

Mr. Steve Zion, the director of Liozo Farms, who was the best graduating student in the 1997 set in the Department of Psychology, speaking at the presentation, gave his word that he would always remit 10% of the annual profits of the Farm to the university of Ibadan. He also affirmed that he had endowed a Five Million Naira Scholarship Scheme in the Department of Psychology.

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