Bingham University Management Pays Courtesy Visit to EPML, Commends Financial Partnership

A 7-man delegation from Bingham University, led by the Pro-Chancellor and Chairman of Council, Prof. Andrew Haruna, FNAL, FLAN, has paid a courtesy visit to ECWA Portfolio Management Limited, EPML, in appreciation of years of robust collaboration.  

Speaking during the visit, the Vice-Chancellor disclosed that as at 2018, the University was heavily indebted to EPML.  

“I am delighted to notify our stakeholders that the indebtedness, which ran into billions of naira, has now been fully settled,” he said.  

He appreciated the Board of EPML, his predecessor, Prof. W. B. Qurix, and other stakeholders for their intervention that rescued the University from a financial crisis.  

According to him, the facility was more than a rescue intervention; it became a partnership that placed the University on the path of growth in infrastructure development and expansion of academic programmes. He added that more investment opportunities remain available at Bingham University.  

In his remarks, the head of the delegation, Prof. Haruna, thanked the Board, Management, and Staff of EPML, and the ECWA leadership for coming to the rescue of Bingham University during a period of financial downturn.  

Emphasizing the value of partnership, he said Bingham University is today making tremendous contributions to Nigerian students, including sons and daughters of ECWA, by training and equipping them for national development. He noted that the University is one of the best in Nigeria, making strides in the education sector, and appealed to ECWA leadership to continue investing in the institution.  

Prof. Haruna also appreciated the National Universities Commission, NUC, for its support and counsel during the University’s difficult period, stating that Bingham University’s success today reflects NUC’s role.  

An appreciation letter was presented to the Managing Director/CEO of EPML in recognition of the organization’s role in helping the University navigate past financial challenges and execute numerous projects.  

Earlier, the Acting Managing Director/CEO of EPML, Mr. Danjuma Ibrahim Janeh, commended Bingham University for its resilience and growth. He said EPML’s intervention during a period of financial pressure helped preserve the institution’s assets.  

He described the visit as a reflection of the strong relationship between both institutions and a celebration of what can be achieved through visionary leadership and strategic partnerships.  

Mr. Janeh explained that EPML was established to build lives through dynamic investment services and to deliver long-term returns for savers. Its Staff Welfare Scheme, Staff Investment Scheme, and Retirement Savings Account, he said, were created to encourage regular savings by ECWA staff, improve post-retirement living standards, and build funds for developmental initiatives.  

He expressed delight at Bingham University’s continued growth, stability, and academic progress, and said EPML is gratified that its intervention helped safeguard an institution producing skilled manpower and leaders for ECWA and Nigeria.  

The Acting MD/CEO appealed to the University community to participate in EPML’s schemes, noting that increased membership would strengthen staff financial security and expand EPML’s capacity to support more ECWA institutions. He reaffirmed EPML’s commitment to collaborating with Bingham University on financial empowerment, staff welfare, investment in education, and other value-creating initiatives.  

Present at the event were the Pro-Chancellor and Chairman of the Governing Council, the Vice-Chancellor, members of the Governing Council, Principal Officers of Bingham University, and Management and Staff of EPML.