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Executive Secretary, TETFund Ranks UI high in Fund Management

2020-09-11
The Executive Secretary, Tertiary Education Fund (TETFund), Prof. Suleiman, Elias Bogoro has ranked the University of Ibadan high in managing funds released for implementing projects in the University by TETFund. Prof. Bogoro stated this during a visiting tour to commission and inspect completed and on-going TETFund projects in the University of Ibadan. Describing the Olayinka - led management of the University as prudent,the TETFund boss stated that of all the Universities that have accessed TETFund intervention, UI leads the pack as it has maximised the funds received and achieved so much, with only University of Lagos coming any close. He commended the management for effective utilisation of funds, thereby achieving so much while also ensuring quality. He also congratulated the management on the recent ranking of the University by Times Higher Education Index as a lead University in Africa, and one of the best 500 in the world. In his remark, the Vice Chancellor, Prof. Abel Idowu Olayinka, FAS, appreciated the Executive Secretary, and TETFund for the continuous support to the University, which, according to him, has contributed immensely to the recent ranking of the institution. Clamouring for more support, Prof Olayinka appealed to the TETFund Chief Executive for more support as there was still a lot to be achieved in the University. Prof Bogoro, in the company of other top ranking members of TETFund, commissioned five projects in the institution, including the National Institute of Maternal and Child Health at the College Medicine, the Centre for Entrepreneurship and Innovation building, the vertical extension of the department of Agricultural Extension and Rural Development, the department of Statistics new building, and the Students' Eco Friendly Centre. They also inspected 10 other projects which are at different levels of completion. These include the department of Chemistry Teaching and Research Laboratories, the Faculty of Education complex, the University of Ibadan Research Foundation (UIRF) extension work, the Faculty of Arts building extension Phase 2, the procurement of E- journal for the Kenneth Dike Library, the Communication Laboratory Complex of the department of Electrical and Electronics Engineering as well as the procurement and installation of liquid chromatograph and mass spectrometer detector for the Multidisciplinary Research Laboratory. While inspecting the construction of the UIRF extension (Incubation center), Prof Bogoro lauded the initiative of a hub for scholars to incubate ideas and innovations that would enhance societal development. In his words: "This is where my heart is... The UI Research Foundation is a real model". Present at the occasion were top management and staff of both TETFund and the University of Ibadan.