23/08/2025
KEYNOTE ADDRESS DELIVERED BY PROFESSOR FELIX AKINSOLA AKINYOSOYE ON 23RD AUGUST 2025 ON THE OCCASION OF THE IDSAT ORGANIZED TERM ENDOWMENT LAUNCHING AT THE CATHEDRAL CHURCH OF ST. PETER ILE-OLUJI.
PROTOCOLS
The Rt. Rev’d Abel Ajibodu, Bishop of the Diocese of Ile-oluji, The Rt. Rev’d Amos Fagbamiye (Rtd. and Pioneer Bishop of ADOTT in USA and Canada, and Coordinator of IDSAT,
All Principal Officers of the Diocese of Ile-Oluji,
The Chairman, The venerable Davidson Okunfulure, The Guests of Honour: Baba Oba Oladele Fajemirokun and Engr. Sam Adegboyega,
The Chief Launchers: Chief Aro Akinsola Akinfemiwa and Otunba Tom Oluwarotimi Daramola,
All Invited Launchers, All IDSAT members, House of Clergy, House of Laity, Distinguished Ladies and Gentlemen,
Good afternoon everyone. I on behalf of the Coordinator of Ile-Oluji Diocese Strategic Action Team (IDSAT), The Rt. Rev ‘d Amos Akinseye Fagbamiye who is unavoidably absent, heartily welcome all of you to the IDSAT organized Term Endowment Launching. The IDSAT, an initiative of The Rt. Rev’d Amos Akinseye Fagbamiye, the Pioneer and Retired Diocesan Bishop of erstwhile Anglican Diocese of the Trinity (ADOTT) in United States of America and Canada was put together on Monday April 14 2024 with the consent and knowledge of the Diocesan, the Bishop of the Diocese of Ile-Oluji, Church of Nigeria, Anglican Communion, The Rt. Rev’d Abel Oluyemi Ajibodu.
Membership of the team comprises of the following:
The Rt. Rev’d Amos Akinseye Fagbamiye – Coordinator, Prof. Felix Akinsola Akinyosoye –Co-coordinator. Other members are Prof. Adeduro Adegeye, Prof. Amos Akinyemiju, Hon. Olumide Adefusi, Dr. Afolabi Adewakun, Chief Ebenezer Akinbobola, Chief (Mrs) Florence Fola Akinyosoye, Chief (Mrs) Comfort Akinniranye, Mr. Dickson Akintomide, Bro. Dayo Olorunkiyesi, Mrs Olufunmilola Ajidahun, Evang. Mrs Evelyn Adesoji, Ven. Philip Olasogba and Mr. Femi Kayode – Secretary. Our mission is to initiate plans and make strategic actions for the sustainability and development of the Diocese of Ile-Oluji becoming a leading Diocese in the Church of Nigeria Anglican Communion.
The nature of our team is to be strategic in our operations but work silently and behind the scenes but evidently proactive in the pursuits of our mission and vision. The team is structured into two groups viz:
1. Motivation group: This group motivates and mobilizes key components of our Diocese for active participation in mission, development and evangelism. For example in the recent past, seminars were conducted for the priests and their wives in December 2024 and the Youths in April 2025. Resource persons were invited on both occasions to address specific but relevant themes expected to move our Diocese forward.
2. Endowment/Property/Investment group: This group is in charge of the endowment launching we are witnessing today. We are to raise a Term-Endowment fund to the tune of 1.5 billion naira within a period of five years. Ladies and Gentlemen, we are here today to kick-start this process to the glory of God and for the benefit of our Diocese. Bishop Missionary Partners had been appointed and compilation of the list of Launchers, donors, individual pledges or contributions annually for five years has commenced.
Letters had been written to our guests of honour, Chief Launchers and other Launchers as a clarion call to them to formally launch generously the Term Endowment Fund today. Others are expected to pledge and make an annual contribution starting from 2025 through 2029 by simply completing a form and submitting it to us for compilation.
There are five categories of individual pledges/contribution every year for five years viz:
1. Diamond: one million naira (N1M and above)/ year for 5 years equals N5 million
2. Platinum: seven hundred and fifty thousand naira (N750,000)/ year for 5 years equals N3,750,000
3. Gold: Five hundred thousand naira (N500,000)/ year for 5 years equals N2,500,000
4. Silver: Two hundred and fifty thousand naira (N250,000)/ year for 5 years equals N1,250,000
5. Bronze: One hundred thousand naira (N100,000)/ year for 5years equals N500,000
*Please note that an annual pledge/contribution below the Bronze (N100,000) from individuals would also be accepted and appreciated.
The Fund would be managed by a special Board, Term Endowment Fund Board. This Board comprising of eminent personalities in the Diocese of Ile-Oluji will be inaugurated today by God`s grace. The names of every individual who makes contribution to the Term Endowment Fund would be engraved accordingly in the appropriate category in the Endowment Wall planned for the gallery of the cathedral of St. Peter for posterity and future generations. Which category above would you like to belong? Please ensure your name is not left out!!
Distinguished Ladies and gentlemen, according to Nehemiah 2:18.. “Let us rise up and build and strengthen our hands for this good work”. It is our prayer that God in his infinite mercy will continue to grant us the wherewithal to do this in Jesus mighty name.
Professor Felix Akinsola Akinyosoye (Signed) For: IDSAT