The Progressive Old Students’ Association, Tede (POSAT), Oyo State, has announced plans to launch a ₦1.5 billion development fund to support the long-term growth and improvement of Progressive Secondary Grammar School, Tede, as the institution prepares to celebrate its 50th anniversary.
The proposed fund will be unveiled during activities marking the school’s golden jubilee in November 2026, with the grand finale scheduled for Saturday, November 28.
The association disclosed the plan in a statement jointly signed by its Interim National President, Dr Funso Folaranmi, and Interim National Secretary, Tajudeen Alabede. The initiative is expected to provide a platform for mobilising resources towards the institution’s development and strengthening alumni participation in its future.
Progressive Secondary Grammar School was established by the government of the old Oyo State on November 22, 1976. Its golden jubilee will commemorate five decades of secondary education, while the anniversary programme will also recognise the institution’s earlier history as Progressive Modern School, established in 1959.
According to the association, the anniversary celebration will bring together former students from different generations, alongside political, business and civic leaders, members of the school community and other education stakeholders.
The grand finale will feature the official launch of the ₦1.5 billion development fund, the unveiling of the Strategic School Development Initiative and a symposium themed, “The Future of Community-Based Public Secondary Schools in Nigeria.”
The association will also present Legacy Awards to pioneers whose contributions supported the establishment and development of the school over the years.
Other activities lined up for the celebration include special thanksgiving services, Community Engagement Day, Homecoming and School Community Day, and a Global Alumni Reunion Day.
The proposed development fund represents an effort by the alumni body to mobilise financial and institutional support for the school beyond the commemorative activities. If successfully raised and properly managed, the resources could provide a basis for addressing infrastructure needs, strengthening academic facilities and supporting improvements in the learning environment.
The initiative also draws attention to the role of alumni associations in supporting public education, particularly at the secondary-school level, where inadequate facilities and limited resources can affect teaching, learning and students’ overall development.
For many public schools, sustained alumni involvement can complement government funding through infrastructure projects, educational support programmes, mentorship and partnerships with private organisations.
As POSAT prepares for the November celebration, the proposed ₦1.5 billion fund is expected to be a major focus of the anniversary, placing the institution’s future development alongside the recognition of its five-decade contribution to education in Tede and surrounding communities.
