OOU Generates Over N2.4bn In Six Months

The Olabisi Onabanjo University, (OOU) Ago-Iwoye has generated over N2.4bn between January and June this year, the institution’s Vice-Chancellor, Professor Saburi Adesanya has revealed.

The amount represents 92% of the institution’s targeted revenue as contained in its 2013 budget.OOU main gate

Professor Adesanya represented by his Deputy, Professor Sule Odu made this known Wednesday when members of the State House of Assembly Committee on Education, Science and Technology visited the institution in continuation of their oversight function on budget performance monitoring.

The Vice- Chancellor gave the breakdown of the revenue to be N1.7bn realised from school fee charges, N23.2m from acceptance fee, N16.1m as government subvention, while the balance of N657.2m was realised from other sources.

Professor Adesanya indicated that records show that OOU has 12,045 students and had been given matriculation numbers, clarifying that those without matriculation numbers and records were not bonafide students.

Responding, the Committee Chairman, Honourable Adeyinka Mafe lauded management of the institution for achieving 92% of its budget within six months, advising it to always ensure its committee be aware of developments in order to render assistance whenever the need arises.

The Committee also visited the Tai Solarin University of Education (TASUED), where its Vice Chancellor, Professor Oluyemisi Obilade disclosed that it has achieved 100% accreditation of all its degree programmes.

Professor Obilade also indicated that the institution had equally achieved full implementation of Point of Sales System (POS) of the cashless programme embraced by the state government.

4 thoughts on “OOU Generates Over N2.4bn In Six Months

  1. tope

    pls sir am an 100lvl student, passed through pre degree, my fees ar nt yet paid but i hav them with me currently sir due to some finicial break down i was nt able to pay quickly…i have been at home for 3 years b4 coming to oou for pre degree going back home wil be a very bad thing for me, pls sir all i ask is for the potal to be opened for just a day sir, 1 of ma frnd is ready to run away from his family due to der inability to quickly pay d money…things are nt easy as it seems der, even after d election…sir all i ask is for d potal to b opened again and u will put a smile to families faces…tnk u very much sir cus i knw ul understnd

  2. Remilekun Oladipupo

    The VC should pls help look into the result of 2014 MCB cesap result. The delay of result is really affecting people, they don’t knw their fate nor see their result…

  3. fajuyi olakunle

    The VC should please look into the result of pol/pub dept and other few depts under SMS faculty. The result has been with the senate for a while now awaiting approval. We don’t want to be left out for NYSC….thanks Sir

  4. oluwatobi mabayomije

    The vice chancellour should please help us look into the issue of unaccredited department in the school. Cos we students of those department are sceard of what we will face when we finish


Leave a Reply

Your email address will not be published. Required fields are marked *