The Vice-Chancellor of the University of Ibadan, Prof. Kayode Adebowale, has called for more partnership, and support in the development of their alma maters to ensure the sustainability of tertiary institutions in Nigeria.
Professor Adebowale, represented by the Deputy Vice-Chancellor (Administration), Prof. Peter Olapegba, emphasised that state and federal governments were no longer providing full funding for universities, leaving institutions to generate funds independently.
The vice Chancellor made this appeal during the maiden edition of the Sultan Bello Hall Alumni Lecture and Award program, themed “Recognition Day 2024,” held at the Trenchard Hall of the university.
The event, organised by the Warden of Sultan Bello Hall, Dr. Oyediran Oyebola, celebrated distinguished alumni and notable personalities.
Professor Adebowale stressed that alumni ownership of universities was a global best practice, offering a sustainable solution to the funding challenges faced by Nigerian universities.
In his words, he said “increasingly, we realise as a university that we have a problem because the federal and state governments are no longer willing to take 100 percent responsibility for funding universities,”
Several notable alumni were honored at the event, including Mr. Julius Oke, Mr. Adeleye Falade, Prof. Abel Idowu Olayinka, Prof. Charles Aworh, Mr Emmanuel Edah, Mr. Femi Babalola, and others.
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