FG to inject N1.2 trn into varsities’ infrastructural devt

The Federal Government says it intends to inject N1.2 trillion into the nation’s universities for infrastructural development and capacity building within the next three years.

President Goodluck Jonathan stated this at the 25th and 26th convocation of Federal University of Technology Akure, FUTA.

According to him, in the last one year, government in its pursuit of transformation of the nation’s universities has released N30 billion to all Federal Universities to clear arrears of earned allowances due to the various categories of staff.

With similar intention, government has also approved and disbursed N200 billion special intervention for capital projects to the Universities.

Speaking through Prof Azikwe Nwalu, the President pointed out that the revitalisation of the Universities is in line with the present administration’s transformation agenda.

He therefore urged the leadership of the universities to ensure prudence, accountability, trans-parency and delivery of value for money all the time.

President Jonathan also implored staff (teaching and non-teaching) to be committed and give the highest level of performance engendered by patriotism, dedication and selflessness

He urged students to eschew violence, shun all forms of anti social activities and ensure full time concentration in their studies.

The Vice Chancellor of the University, Prof Adebiyi Daramola said the university has made landmark achievements in teaching, research and community service.

Prof Daramola lauded the federal government for providing N5.6 million to the university for the special intervention on Needs Assessment the for disbursement in two phases.

Honorary degrees were also awarded to the founder of Afe Babalola University, Aare Emmanuel Afe Babalola SAN and an industrialist Alhaji Bashari Aminu.