University Of Ibadan VC Urges Varsities Management To Boost Revenue

The Vice-Chancellor of the University of Ibadan, Kayode Adewola has called on university management to increase their Internally Generated Revenue to address the financial challenges faced by the sector.

Speaking at the 52nd swearing-in/induction ceremony of students of the Faculty of Veterinary Medicine, University of Ibadan, Adebowale emphasized the importance of engaging alumni to support the universities in light of dwindling resources and insufficient funding from proprietors.

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The former President of Ibadan College of Medicine Alumni Association Worldwide, Abib Olamitoye, stressed the need for proper mentorship of the youth.

He lamented the lack of enough genuine role models in Nigeria to inspire and motivate the young generation towards success.

The ceremony witnessed the presentation of N100,000 each to two students that obtained six distinctions in the faculty – Adebowale Ezekiel Ayomide, and Ajao Jadesola Julian.

Olamitoye added N100,000 each to the amount, thereby summing it up to N200,000 for each of them, with a promise to continue to award the same N100,000 prize to every student that has six distinctions, irrespective of their numbers, in the faculty until he retires from the institution.