Vice Chancellor, Ekiti State University (EKSU), Ado Ekiti, Prof Samuel Oye Bandele, has said that global economic recession has compelled business initiatives in universities.
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Bandele said the monthly wage bill of the university stands at N500 million while the state government releases N270 million monthly as subvention, saying it behooves on him to look inwards to be able to
meet the demands of the university for proper functioning.
Bandele, who praised Governor Ayodele Fayose for considering issues relating to EKSU to be of high premium priority, appealed for more funding from the state in the overall interest of the university .
“We know it will be difficult to increase the tuition fee, I won’t
even dabble into that because the students may not want to hear that,
but if we failed to take all these actions, the university could not
have been stable in terms of academic calendar due to incessant strikes we would have been witnessing.
“I want to thank members of ASUU, NASU and SSANU for their
understanding. Though, they know that I am a Vice Chancellor who
places priority on workers’ welfare, they know I don’t joke with it,
because it is their rights.
“When I came on board, I addressed the issues of outstanding
promotions and allowances. Though, we have not been able to meet all our obligations to them, but we will try and ensure that no staff or student of this university suffers unduly for lack of fund”, he promised.
He said the National Universities Commission (NUC) has given the
university the nod for the running of 11 new entrepreneurship based courses including Marketing, Actuarial Science, Insurance, Industrial Relation, Anatomy, Physiology, Tourism, Library Studies, Entrepreneurship and Educational Technology.
Bandele disclosed that he is planning to introduce the Faculty of
Environmental Science to prepare grounds for the running of more
professional courses like Architecture, Building Engineering and Estate Management by the university.
“We are also planning to stabilize the Medicine and Surgery course and to also ensure that the Faxculty of Pharmacy takes off before the
end of my tenure”.