• Latest
  • Trending
  • All
Stakeholders Meet In Ibadan, Proffer Solution To Low Funding Of University System

Stakeholders Meet In Ibadan, Proffer Solution To Low Funding Of University System

July 14, 2023
Seyi Makinde or “Solo Makinde”? The Weight of Office Demands More By Wale Ajani

Makinde Presents ₦1.12trn 2027 Budget, Says Defections Have No Significance

November 10, 2026
Alli Celebrates Ex-Deputy Governor Arapaja At 68, Calls Him Pride Of Oyo

Alli Celebrates Ex-Deputy Governor Arapaja At 68, Calls Him Pride Of Oyo

November 10, 2026
Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

Ex-Makinde Chief Of Staff Ogunwuyi, Agbeti Lead 3 LG Chairmen, Others To APC In Ogbomoso

November 10, 2026
Birthday: Oyo Babaloja-General Applauds Double T’s Political Influence, Mentorship, Commitment

Birthday: Oyo Babaloja-General Applauds Double T’s Political Influence, Mentorship, Commitment

November 9, 2026
Oyo Assembly Service Commission Pledges Improved Performance, Presents Annual Report

Oyo Assembly Commences 2027 Budget Defence For 33 LGAs

November 9, 2026
Makinde Urges FG to Fast-Track State Police, Endorses Adekanmbi for Oyo Governor

Oyo Appointees Rally Behind Makinde, Endorse APM Candidates

November 9, 2026
Bose Adekunle Celebrates Birthday, Drops ‘Free Indeed’ Album

Bose Adekunle Celebrates Birthday, Drops ‘Free Indeed’ Album

November 9, 2026
2027: Alli Inaugurates LG Campaign Managers, Says APC Positioned To Win Oyo

Alli Campaign Alleges Makinde, Adekanmbi Planning Fresh Attacks On APC Supporters

November 8, 2026
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Ibadan Circular Road: Oyo Govt Pays ₦5.35bn Compensation To 578 Owners

November 8, 2026
Seven Facts That Keep Sharafadeen Alli AHEAD In 2027 Oyo Governorship Race By Bisi Oladele

Alli To Makinde: Pass Harmonised Tax Law, Stop Multiple Taxation In Oyo

November 8, 2026
Ally Of Ex-Oyo Budget Commissioner, Ayo Ojo, Smears Seye Famojuro’s Name To Attack ATISBO LG Chairman

Ally Of Ex-Oyo Budget Commissioner, Ayo Ojo, Smears Seye Famojuro’s Name To Attack ATISBO LG Chairman

November 8, 2026
Pams Travels CEO, Mustapha, Champions Girl Child Rights, Targets 10,000 For Empowerment

Pams Travels CEO, Mustapha, Champions Girl Child Rights, Targets 10,000 For Empowerment

November 6, 2026
ADVERTISEMENT
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Wednesday, November 11, 2026
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result

Stakeholders Meet In Ibadan, Proffer Solution To Low Funding Of University System

by InsideOyo
July 14, 2023
in Oyo Campus Gist
0
Stakeholders Meet In Ibadan, Proffer Solution To Low Funding Of University System

RelatedPosts

Adeseun Ogundoyin Polytechnic Part-time Staff Write Makinde, Seek Permanent Jobs After 15 Years

Oyo Tertiary Institutions’ Workers Issue Fresh Ultimatum As 14-Day Deadline Expires

Adeseun Ogundoyin Polytechnic Releases Revised First Semester Calendar for 2026/2027

Critical stakeholders in the University of Ibadan met on Thursday in Ibadan, the Oyo State capital, and proffered lasting solutions to the dwindling funding of the university system in Nigeria by the Federal Governent in the past 10 years.

They met at the orientation programme for alumni relations representatives, organised by the Office of Alumni Relations, University of Ibadan, with the theme: ‘Building a 21st Century Alumni Community,’ held at Trenchard Hall of UI.

ADVERTISEMENT

Speakers on the occasion included the Vice Chancellor of the university. Prof Kayode Adebowale; former President, Ibadan College of Medicine Alumni Association (ICOMAA) Worldwide, Dr. Abib Olamitoye, who is the founder and Chief Executive Officer of Ibadan Central Hospital (ICH), and Academy Suites in Ibadan and Abeokuta; the Director, Office of Alumni Relations, UI, Prof Peter Olapegba; and the Deputy Provost, College of Medicine, UI, Prof Fatai Adeniyi, who had served previously as Secretary and later President of ICOMAA.

The Vice Chancellor of the university. Prof Adebowale, who chaired the orientation programme, said the time has come for universities to look inward and deepen their relationships with their alumni communities in order to complement funding from proprietors.

According to him, “There is no doubt that with the dwindling resources particularly in terms of funding, that is coming to the university system, we need to look inward so that we will be able to sustain the activities of teaching, research and community service. For federal universities, for instance, the funding that is coming is reducing every year in the last 10 years.

ADVERTISEMENT

“Therefore, all over the world, universities could not depend solely on funding that is coming from their proprietors. In this case, our proprietor is the Federal Government. And one of the ways is to be able to engage the alumni in terms of what they can plough back to the system because they are part and parcel of the university.

“But if we don’t deepen the relationship with the alumni, you can’t say they should plough back. Somebody you don’t have relationship with, how will you say he or she should give you anything. So, it is now that we are starting to deepen our relationship with them so that together we would be able to move our university to greater heights.”

The lead speaker of the technical session of the event, Dr. Abib Olamitoye, recalled how his tenure as the President, Ibadan College of Medicine Alumni Association (ICOMAA) Worldwide, built a 21st Century alumni community for the College of Medicine, University of Ibadan . He said the ICOMAA is currently building a N2.5billion new hall for medical students in the University College Hospital (UCH), Ibadan.

Olamitoye, who graduated as a medical doctor from UI in 1985, said one of his coursemates then, Phillip Ozuah, based in the United States, donated US$1million to the College of Medicine of UI for the alumni hostel inside UCH, adding that ICOMAA has also raised over N700million in support of the project from all other old students of the college.

“The alumni can advance institutions because we have done it before. I was between 2016 and 2019, the President, Ibadan College of Medicine Alumni Association Worldwide. Then, we laid a foundation and set a vision that is now beginning to yield dividends for the college. So, if our methodology works in the College of Medicine, it can also work for the whole university.

“Today in the College of Medicine, UI, we have raised over a billion naira to build a new hall, which will be bigger than the existing hall of medical students in UCH. The cost of the project is N2.5billion and we have raised over 45 per cent of that. One of my classmates, who did not know about ICOMAA before I stepped in, among other alumni, who now know about ICOMAA, donated US$1million. Then, we have raised over N700million in support of the project from all the other alumni.”

Olamitoye, however, noted that “the University of Ibadan has raised so many graduates over the years. The university will be 75 years by November, this year 2023. A lot of these people the university has raised are governors, ministers, successful entrepreneurs, and many of them are in the diaspora; in America and United Kingdom. They should be reached and let them see reasons they should give back to the system that produced them. We are sowing seeds, which shall grow. We shall propagate it and create awareness. Then, people will see that they need to contribute to the development of their alma mater.”

The Director, Office of Alumni Relations, Prof Peter Olapegba, who explained that alumni relations is a concept of maintaining life-long relationship with graduates of the university, stated that one-third of revenue that universities in advanced countries generate annually is brought in by alumni of respective institutions. He added: “We should also leverage our alumni base if we will improve funding in our university. The alumni won’t want the university to collapse and they will also want standard to be maintained.”

The second speaker at the technical session, Prof Fatai Adeniyi, the Deputy Provost, College of Medicine, UI, who emphasised the importance of alumni community towards achieving improved funding for the university, however, warned that any funding request to the alumni community should focus on addressing challenges of students, and not staff welfare.

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Email a link to a friend (Opens in new window) Email
  • Share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading…
Previous Post

Harvard Polytechnic Ilorin Commences 2023/2024 Post UTME Screening Exercise

Next Post

N500b Palliative: Ensure It Gets To Those It Is Meant For – Reps’ Member, Odidiomo, To FG

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

Adeseun Ogundoyin Polytechnic, Eruwa Announces Sept 14 Resumption, Releases ND/HND Admission List

Adeseun Ogundoyin Polytechnic Part-time Staff Write Makinde, Seek Permanent Jobs After 15 Years

by Olayi Abide
November 5, 2026
0

Part-time staff of Adeseun Ogundoyin Polytechnic, Eruwa, Oyo State, have appealed to Governor Seyi Makinde to grant them permanent appointments,...

Oyo Tertiary Institutions Unions Issue 14-Day Ultimatum Over Unpaid Arrears, Staff Shortage

Oyo Tertiary Institutions’ Workers Issue Fresh Ultimatum As 14-Day Deadline Expires

by Ayo Mukhail
October 28, 2026
0

The Joint Action Committee (JAC) of labour unions in Oyo State-owned tertiary institutions has issued a fresh seven-working-day ultimatum to...

Adeseun Ogundoyin Polytechnic, Eruwa Announces Sept 14 Resumption, Releases ND/HND Admission List

Adeseun Ogundoyin Polytechnic Releases Revised First Semester Calendar for 2026/2027

by Adebola Sanmi
October 22, 2026
0

The Management of Adeseun Ogundoyin Polytechnic, Eruwa, has released the revised academic calendar for the first semester of the 2026/2027...

Oyo Tertiary Institutions Unions Issue 14-Day Ultimatum Over Unpaid Arrears, Staff Shortage

Oyo Tertiary Institutions Unions Issue 14-Day Ultimatum Over Unpaid Arrears, Staff Shortage

by Deji Moore
October 21, 2026
0

The Joint Action Committee (JAC) of Labour Unions in Oyo State-owned tertiary institutions has issued a 14-day ultimatum to the...

Next Post
N500b Palliative: Ensure It Gets To Those It Is Meant For – Reps’ Member, Odidiomo, To FG

N500b Palliative: Ensure It Gets To Those It Is Meant For - Reps' Member, Odidiomo, To FG

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d